Irvine, CA, June 13, 2006—NWP Services Corporation (NWP) and CheckFree Corporation (Nasdaq: CKFR), a leading provider of financial electronic commerce services and products, today announced Alliance Residential Management has selected the aBreeze™ solution to provide flexible payment options for residents at 153 owned or professionally managed multi-housing properties.
The comprehensive aBreeze offering enables residents to make electronic payments at the property or management company's web site or onsite at the property office. The aBreeze service integrates NWP's billing and support services with CheckFree Corporation's payment processing services.
“With the aBreeze solution, residents at more than 44,000 apartment units across the United States can choose from a variety of payment types and methods to fit their individual preferences and needs,” said Chris Finetto, vice president of business services for Alliance Residential Management. “That is what our technology strategy is all about – providing secure, industry-leading solutions that will make it easier for our residents to pay their rent and utilities. At the same time, we're automating manual bookkeeping processes so property managers can focus more time on delivering the best service to their residents.”
The combination of aBreeze with NWP's new convergent billing offering, Resident OneBill,™ and energy management program (EIS®) creates a comprehensive resident billing and payment solution that helps Alliance make paying and collecting rent and other monthly charges “a breeze” for both residents and property managers. The implementation of aBreeze will help Alliance significantly reduce the costs associated with accepting and processing monthly resident payments at local property sites, including rent, utilities and other resident fee balances. aBreeze also accelerates the availability of funds and non-sufficient funds (NSF) notifications for Alliance property managers, and offers a variety of convenient payment options designed to help attract and retain residents.
“Alliance clearly understands the evolving needs of their residents and customers and has chosen an innovative technology approach that will create a resident lifestyle marketing advantage while increasing operating efficiencies,” said Michael D. Radice, president and CEO, NWP.
“By adopting the aBreeze automated payment solution, Alliance Residential Management is positioned at the forefront of simplifying billing and payment processes in the multi-housing industry for rent, utilities and other fees for services,” said Mark Johnson, vice chairman, CheckFree Corporation. “aBreeze gives multi-family residents the flexibility, access and control they seek, allowing them to choose the most convenient payment method — online, phone, mail or walking into the property office — to fit their personal needs.”
Services Corporation: Headquartered in Irvine, Calif., NWP Services Corporation (NWP) serves the multi-housing industry as the leading provider of resident billing solutions, including convergent billing and payment services for rent, utilities and other charges from the resident's monthly ledger; utility cost management solutions including utility cost recovery, utility data management, and conservation and irrigation control services. NWP's offerings are available for use as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve property NOI and boost resident satisfaction. NWP also provides the regulatory expertise, technology infrastructure and high quality training and support services which property owners and managers can rely upon to stay competitive and thrive in an ever-changing market. Additional information is available at www.nwpsc.com.
About CheckFree Corporation: (www.checkfreecorp.com)
Founded in 1981, CheckFree Corporation (Nasdaq:CKFR) provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable thousands of financial services providers and billers to offer their customers the convenience of receiving and paying their household bills online or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to thousands of financial services organizations, which manage about $1.3 trillion in assets. CheckFree Software develops markets and supports software applications that are used by financial institutions to process more than two thirds of the 12 billion Automated Clearing House transactions in the United States. The division also provides operational risk management, financial messaging, corporate actions, and regulatory compliance software to more than 1,500 organizations across the globe.
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