2 Why Nelnet? 3 Nelnet Business Solutions Overview 770 institutions; 27 years of processing payments Security / compliance Comprehensive suite of services.

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Presentation transcript:

2 Why Nelnet?

3 Nelnet Business Solutions Overview 770 institutions; 27 years of processing payments Security / compliance Comprehensive suite of services

4 Institution Overview RVP provided information regarding school specifics (this is an optional slide)

5 Why Payment Plans?

6 Student Benefits Secure, online enrollment Flexible payment options based on school needs 24/7 customer support Low cost Mobile friendly and text reminders

7 Student retention Hands-on Agreement Management Excellent collections success Decreased receivables Fast funding turn-around Reporting Compliance with PCI, NACHA, and others Security Institution Benefits

8 Support Dedicated team 24/7 customer support Technical support

9 Integration Single Sign-On (SSO) –Pass-through from ERP Balance compare –Upload of changes –Real-time query End Of Day file transfers –Agreement – all agreement activity –Transactions – all payment activity

10 Integration Real-Time Account Activity (RTAA) –Current account activity –Eligibility Real-Time Agreement Notification (RTAN) –Placing and removing payment plans flags –Balance adjustment updates Real-Time Payment Notification (RTPN) –Transactions such as charges, credits and payments

11 Demo

12 Next Steps Partnership Package –Contract –Merchant application –Bank letter –FAQ’s –Technical overview Scoping call Implementation process

13

14 Contacts RVP name, Regional Vice President RVP RVP phone If applicable, name, Product Consultant Phone