The 2012 Fiserv Consumer Trends Survey found that over 50% of US consumers are paying bills online and ‘Companies that don’t successfully connect with their customers will lose them to competitors who are able to create the new type of rich, highly personalised interaction.’
Sorriso Technologies enjoys a growing reputation for delivering Enterprise e-Billing solutions to global corporations in communications, financial services, manufacturing, utilities, healthcare, and insurance (clients include Vodafone UK, Tele2 (Sweden), Liberty Global Europe, PACCAR Financial (US), Embarq Communications (US)).
Sorriso delivers powerful online solutions and proven ROI for bill presentation, payment, and self-service. Sorriso’s Solution provides rapid and efficient installation (at least 50% faster than its nearest rivals), reduced lifetime maintenance (saving 60% versus the largest market incumbent), high customer adoption rates, improved cash management and payment and, proven increased customer loyalty through a highly personalized online experience.
Based in London and Boston, USA, the Sorisso team are highly regarded experts in e-Billing, known for successfully delivering the best end user experience, on-time, and with unsurpassed quality.
Funding is now required to fuel further growth, with sales forecast to rise to £12.7m by 2015, when a realistic trade sale exit at recorded sector revenue multiples of x3 to x6 revenue is achievable.