WAUSAU Financial Systems Presents AARP With Annual President's Award

MOSINEE, Wis., July 26, 2012 /PRNewswire/ -- WAUSAU Financial Systems, a provider of payment and receivables processing solutions, today presents AARP with its President's Award, recognizing the organization for its advanced use of Receivables360, WAUSAU's integrated receivables solution, to better serve AARP's 37 million-plus members. 

AARP and its treasury team have demonstrated operational excellence and achieved tremendous results that set the bar high in best-in-class receivable practices.    

The organization currently leverages WAUSAU's solution to capture three million inbound mail responses from members and seamlessly process 1.37 million receivables transactions each month.  AARP is being recognized nationally because of the progressive utilization of WAUSAU's capture technology.  In addition, the organization has developed over 300 customized programs utilizing the WAUSAU solution to support its membership base through the deployment of state-of-the-art payment processing technology. 

AARP, through its innovative use of the Receivables360 solution, also has consistently demonstrated the ability to stay ahead of the technology curve and position itself for future growth by extending automation capabilities across its organization.  To better serve its membership, AARP is using the system to assist with member surveys, advocacy fundraising and handling of signed petitions, among other activities not typically associated with an integrated receivables solution.

"We're honored to present our President's Award to AARP and feel privileged to count them among our esteemed partners," said Gary Cawthorne, president and CEO of WAUSAU Financial Systems. "Their unique application of our solution and outside-the-box approach to satisfying membership is truly leading the way and other organizations can learn from AARP's innovation and forward thinking culture."

About WAUSAU Financial Systems

WAUSAU Financial Systems is a premier provider of payment and receivables processing solutions, helping businesses of all types move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU holds the No. 1 market share position in retail and wholesale remittance processing solutions. WAUSAU processes more than $1 trillion in payments each year through its work with more than 650 organizations, and maintains more than 30 percent of all U.S. lockbox volume. The company works with 13 of the 25 largest financial institutions, 42 percent of insurance companies with more than 5 million customers and 24 percent of utilities with more than 100,000 customers. More than 200 financial institutions use WAUSAU's remote deposit capture service, and industry consultants Celent and Aite have ranked WAUSAU's remote capture functionality above all competitors. For more information, visit www.wausaufs.com.

About AARP

AARP is a nonprofit, nonpartisan organization with more than 37 million members that helps people 50+ have independence, choice and control in ways that are beneficial to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for Americans 50+ and the world's largest-circulation magazine; AARP Bulletin, the go-to news source for the 50+ audience, AARP VIVA, a bilingual lifestyle multimedia platform addressing the interests and needs of Hispanic Americans; and national television and radio programming including My Generation and Inside E Street. The AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org.

SOURCE WAUSAU Financial Systems

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED