Company to Connect to Ariba Network to Increase Speed, Automation
And Visibility in the Billing and Payment Process
HAMILTON, NJ – (October 8, 2013) – Billtrust, the leading outsourced billing services provider, today announced plans to connect its Invoice Central solution to the Ariba®Network, making it easier than ever for companies to drive a completely automated and secure invoice and payment process. Once integrated, buyers and sellers will be able to offer direct invoicing and remittance processing between the Billtrust billing solution and the Ariba® Network, and drive increased speed, automation and visibility in the billing and payment process.
“Suppliers today are seeking flexible billing solutions,” said Bruno Perreault, Billtrust’s Senior Vice President, Invoice Central. “With this integration, we are providing the market with a seamless process for growing the use of automated invoice delivery.”
Used by more than one million companies in 190 countries to transact more than $465 billion in commerce on an annual basis, the Ariba Network is a completely open, multi-enterprise platform that enables companies to discover, connect and collaborate with customers, suppliers, and other trading partners in a more efficient and effective manner – regardless of the backend systems they may be using.
Once the integration is complete, Billtrust customers using Invoice Central by joining the Ariba Network will be able to automate the process of delivering invoices and receive payment remittance information from their customers on the Ariba Network. Ariba customers will be able to enhance the invoice information their suppliers provide and ultimately drive increased adoption of their electronic invoice and payment initiatives.
“In today’s connected economy, collaboration isn’t an option, but a requirement for success,” said Joe Fox, Vice President of Strategy, Ariba. “By linking Billtrust’s Invoice Central Billing Solutions to the Ariba Network we can fuel a more collaborative invoice and payment process that enables buyers and sellers to connect and do business more efficiently and effectively than ever before.”
Currently serving more than 1,000 corporate customers that represent over 250 million transactions and over $200 billion in annual receivables, Billtrust is a pioneer in the fast-growing e-billing industry. Its menu of services spans a range of paper and online billing channels for the delivery and payment of invoices and statements.
About Billtrust
Headquartered in Hamilton NJ, Billtrust is a premier provider of outsourced billing solutions. Its products and services help companies’ billing practices become “Customer-Centric,” a concept that emphasizes flexible accommodation of customer needs. Billtrust’s billing channels span paper, fax, e-mail, online billing (EBPP, EIPP,Invoice Central), eBanking and IVR. In addition, the company provides expert bill design, in-bill marketing services, and CustomerCare, an integrated online customer service portal. Billtrust’s comprehensive tools automate the billing process so businesses can save money, increase productivity, improve cash flow, and seamlessly migrate to electronic delivery. For more information, visit Billtrust online at www.billtrust.com.
Twitter: https://twitter.com/Billtrust
LinkedIn Company Page: http://www.linkedin.com/company/99112
Billtrust Blog: http://blog.billtrust.com
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world’s largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com