Billtrust, provider of outsourced billing services, and OB10, the e-Invoicing network, have partnered to offer business-to-business billers a solution for easily and cost-effectively connecting to the OB10 Network.
In this collaboration, Billtrust customers can seamlessly deliver their invoices directly to the OB10 network, enabling them to satisfy their customers’ desire to receive electronic invoices directly into their financial system. This advanced integration provides efficiency for both accounts receivable and accounts payable departments. It also eliminates costly manual paper processing and enables identification of exceptions immediately upon invoice receipt.
“Our customers are seeing a significant increase in the number of requests from their customers to join third-party e-invoicing networks. Since each of these networks has different standards and protocols, it is often a challenge for them to satisfy,” said Flint Lane, CEO of Billtrust. “Much of this demand is being driven from customers on the OB10 network, and we’re thrilled to be working with the OB10 team to streamline this process.”
“Billtrust is an extremely innovative company that offers billers a unique solution for delivering invoices through a variety of channels,” said Paul Frederick, president of OB10. “Providing their customers with an easy access point to connect to OB10 is a win-win for Billtrust and OB10 customers.”
Headquartered in Hamilton, NJ, Billtrust is a premier provider of outsourced billing solutions. The company’s flagship product and service suite, called CompleteBilling, consists of paper, fax, e-mail and online billing (EBPP, EIPP). In addition, the company provides expert bill design, in-bill marketing services, and CustomerCare, an integrated online customer service tool.
OB10 is the leading global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organizations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats. OB10 can reduce the cost of paper invoice processing by typically 60% and can deliver an ROI in less than a year if the program follows OB10’s best practice guidelines.
Information from Billtrust news releaseTagged with tED