HAMILTON, N.J., April 20, 2017 /PRNewswire/ -- Billtrust, the leader in payment cycle management solutions, announced today the availability of the Billtrust Business Directory, the industry's first directory of small business eBilling preferences. Introduced at Billtrust CONNECT 2017, taking place in Orlando, Florida, this new offering has access to over 10,000,000 businesses in the US and their billing and payment preferences. Billtrust clients will be able to reach unprecedented levels of eInvoicing and ePayment adoption rates by leveraging this new solution.
Smarter, data-driven decision making
The Billtrust Business Directory is a private ecosystem of Billtrust's B2B clients. The Directory can be leveraged to accelerate and increase the transition of end users from print invoices and paper check payments to faster and more efficient online channels. By analyzing the behavior patterns of businesses in the database who are already inclined to receive and pay invoices electronically, the Billtrust eAdoption team helps Billtrust clients customize their marketing efforts to dramatically grow their eInvoicing and ePayment rates. A higher eAdoption rate results in lower operational costs, improved DSO, and higher customer satisfaction.
"We are tremendously excited about this new offering," said Flint Lane, CEO and President of Billtrust. "The Billtrust Business Directory can provide our clients with a 10 - 50 percent jump in their eInvoicing and ePayment rates, and simultaneously reduces operating expenses and decreases payment delivery time. As the leader in B2B Billing and Payment, only Billtrust has access to these billing patterns so we're uniquely positioned to offer this kind of solution."
Clients can learn more about this exciting new solution at the eAdoption client panel "Keys to Driving eAdoption Success" at Billtrust CONNECT 2017 on Thursday at 11:20 am.
A leading community of innovators deliver insights on payment cycle management
Billtrust CONNECT 2017 is a two-day event that provides a well-rounded agenda focused on business pain points that affect CFOs, credit managers and controllers. In addition to the launch of the Billtrust Business Directory, this year's event features exciting presenters, including keynote speaker Alison Levine. Ms. Levine is a history-making polar explorer and mountaineer who will not only inform, but inspire attendees with discussions that reflect this year's theme: "Explore, Engage, Evolve." Among her many accomplishments, Ms. Levine served as team captain of the first American Women's Everest Expedition, made history as the first American to complete a 600-mile traverse from west Antarctica to the South Pole and is a New York Times best-seller.
Also included in the line-up are the Client Spotlight sessions, where Billtrust Rockstars share how they have exceeded their own business goals with proven and innovative strategies in payment cycle management solutions. In one of the spotlights, Tina Schneider, Manager of Credit & Accounts Receivable at Medela, will discuss how they partnered with Billtrust to automate the ever-increasing virtual card payments they were receiving. With the recently launched Billtrust Virtual Card Capture, Medela is now able to convert what was once a highly manual process to 100% automation, allowing them to reallocate resources to better support their business.
"Here at Billtrust, one of our primary objectives is to work with our individual clients and help them build what they need to improve their invoice-to-cash processes," said Lane. "We developed this conference to not only bring our client community together so they can learn about the latest innovations, but so they can provide valuable feedback on how we can better serve customers' payment cycle management needs."
This year, Connect 2017 has a record number of exhibitors participating, providing clients with an opportunity to discuss best practices and strategies on how to maximize growth and efficiency with partners who integrate with Billtrust's Quantum solution. For more information on the agenda and how to register, please visit Billtrust Connect 2017.
Billtrust accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution. Finance executives and AR specialists love and recommend Billtrust payment cycle management solutions for the remarkable cost savings, ease-of-use, and improved customer satisfaction rates.
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