Utility Bill Pay Service Enters into a LLC; Now Known as Capturis
New Name Leverages Strength of Company and Brands Services in a Single Name
Mandan, ND, August 7, 2014 — Due to unprecedented growth, National Information Solutions Cooperative has formed a wholly-owned limited liability company for its Utility Bill PaySM service. The LLC will be doing business as Capturis going forward.
Capturis, an NISC company, has been providing multi-site utility information management as well as bill processing and payment services to more than 275 clients including Fortune 100 and 500 companies for over the past decade. Capturis employs more than 180 Bismarck-Mandan residents as well as virtual employees from rural communities in North Dakota, Montana, Iowa and Wisconsin.
“The growth of the Utility Bill PaySM service since its inception in 2000 is remarkable. We began the service to fill a need in the market for a solid, reputable bill payment and processing company,” said Tracy Porter, CFO of both NISC and Capturis. “Each year our client list would grow dramatically. It was a testament to the accuracy of our data and efficiency of our service.”
Capturis realized accounts payable was a necessary function of all companies, big or small. From the mailroom to accounts payable, Capturis has created an effective utility information management process based on prioritizing on a “First Due, First Through” basis. Capturis gathers the necessary energy information needed to make sound business decisions in a powerful, user-friendly database-reporting tool available online.
“National companies were dealing with late fees and disconnects due to the volume of utility bills they were receiving each month and the challenges to pay these bills in a timely manner,” said Porter. “Capturis services not only minimized our clients’ disconnects and late fees, but, now with the intense focus on energy efficiency, utility managers across the nation are using our data as the basis for their green initiatives.”
Along with the new name, the company has adopted a new logo and new website that can be found at www.capturis.com. The LLC was established on July 1, 2014 and changes are effective immediately. All future business activity will be undertaken with the new name.
National Information Solutions Cooperative (NISC) is an information technology cooperative that develops, implements and supports software and hardware solutions for our Members/Customers. We deliver advanced solutions, services and support to more than 700 independent telephone companies, electric cooperatives and other public power entities. NISC is an industry leader providing information technology solutions including billing, accounting, operations, automated mailroom services, third-party integration as well as many other solutions. NISC has facilities in Mandan, N.D., Lake Saint Louis, Mo., Cedar Rapids, Iowa and Shawano, Wis. and employs more than 995 professionals between the four locations. Additional information can be found at www.nisc.coop.