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Old 04-24-2003, 09:18 AM  
scoreman
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Join Date: Nov 2001
Location: Miami, Florida
Posts: 1,491
I'm also in agreement with Lensman's assessment of iBill's management team and company direction.

Intercept's financials are public record, so their wasn't alot of time spent at the roundtable discussing the fact that ICPT is stable and profitable. ICPT is generating about 4 million profit per month, with only 32 million in long term debt they are not going under any time in the foreseeable future.

The roundtable was more than just iBill "singing their praises". There was alot of new information presented that focused on specific changes being made to their customer service call center, the coming changeover to a more robust billing engine (Next Gen), the status of the credit card association issues, and alternative billing.

Actions speak louder than words and iBills implementation of these projects will be something we will be closely watching here at the SCORE Group in the coming months. If they can successfully close these projects the industry as a whole will benefit greatly.
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