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 Billtrust
Kicks Off 2008 by Pulling More Savings from the Bullpen
Billtrust
announced a major upgrade to their innovative Bullpenning
platform. Companies use Billtrust’s Bullpenning to
reduce their costs by optimizing the delivery of their
bills based on a range of different criteria. “We are
constantly reviewing our processes to identify cost saving
opportunities,” said Andy Waring, CFO of Stuart Irby,
a division Sonepar, a worldwide leader in the electrical
distribution market. “Bullpenning has saved us hard
dollars by combining low dollar invoices into a weekly mailer.
With the rising cost of postage this has become more important
to us than ever.” January
22, 2008 |
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Paperless
Invoicing is Gaining Ground
A recent report by Allen Ray Associates, Channel Marketing
Group and Billtrust says that as companies become more comfortable
with electronic processes, customers are gravitating toward
receiving invoices electronically via email or by downloading
them off a distributor’s Web site. Customers say they
can invoice their customers more quickly and improve cash
flow, more quickly reconcile purchase orders to invoices,
and reduce manpower hours devoted to opening and matching
invoices. December 11, 2007 |
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USESI
Selects Billtrust to Support their Bill Process
Billtrust
announced today that industry leader USESI will use Billtrust
services for invoice delivery and payment processing. Billtrust’s
services allow distributors to save money on their paper
billing and seamlessly transition to electronic billing and
payment. Instead of managing the bill delivery process in-house
or using a mail house, distributors use Billtrust for cost
and productivity savings, along with improved service to
their customers. October 30,
2007 |
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Billtrust
Named to the Inc. 500 as One of the Fastest Growing Private
Companies in America
Billtrust, the leading provider of outsourced billing services,
announced today that it has been named to the coveted Inc.
500 list of the fastest growing private companies in America.
Billtrust placed 206th on the list overall and 6th in the
Business Services category. August
29, 2007 |
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Eclipse
User Group/UFO Using Billtrust for Bill Delivery
Billtrust, the leading provider of outsourced billing services
to wholesale distributors, was selected by the Eclipse User
Group/UFO for the delivery of their invoices to its membership.
With Billtrust’s billing services, the UFO can deliver
invoices by U.S. Mail or via electronic delivery methods
such as email or fax. August 14, 2007 |
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Electronic
Bill Delivery Takes Off at Billtrust
Billtrust, the leading provider of outsourced billing services,
announced a +40% increase in their e-Adoption rate since
the beginning of the year. This rate is calculated by taking
the total number of invoices sent electronically and dividing
by the total number of bills sent for a defined time period.
According to Mitch Rose, VP Marketing at Billtrust, "For
several years we have been helping our customers migrate
their customers to electronic bill delivery. Our research
indicated that the time was right for a dedicated e-Adoption
effort." July
24, 2007 |
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Billtrust
Upgrades Its Online Bill Presentment and Payment Capabilities
Billtrust, the leading provider of outsourced billing services,
announces the selection of JPMorgan Chase to provide cash
management solutions to increase its online bill presentment
and payment capabilities...With the support of JPMorgan Chase,
Billtrust now offers a variety of online payment options
for its clients that will increase efficiency throughout
the payment collection process, improve cash flow and maximize
profits. May
10, 2007 |
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Schaedler
Yesco Distribution Recognized for Leadership in Electronic
Document Delivery
Billtrust has recognized Schaedler Yesco Distribution for
achieving the highest eBilling percentage among the 36 NAED
distributors currently using their services for the processing,
delivery, and electronic payment of their invoices. Schaedler
Yesco has been outsourcing the delivery of their invoices
to Billtrust since early 2005 and is currently delivering
44.6% of their bills electronically. For every bill delivered
electronically versus U.S. Mail Schaedler Yesco saves more
than 75%. April 24, 2007 |
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Outsourced
Billing; Mayer Electric Moves Away From In-House Mailings
In the mid-1990s, Mayer Electric Supply prepared and mailed
its invoices and statements in-house. The distributor had
employees who printed the mailings on high-speed printers
at night and used a machine to fold and stuff
the mailings. "It was quite a cost factor to do all of that," says Mayer Electric
CIO Barry Carden. So Mayer started looking at outsourcing. Modern Distribution
Management. February 25, 2007 |
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Billtrust
Reports Accelerated Growth In Outsourcing and Significant
Adoption of Electronic Bill Delivery and Payment
Billtrust,
the leading provider of outsource billing services, reports
a significant increase in the number of companies outsourcing
the billing function. They are also reporting triple digit
growth in the use of electronic billing delivery and payment
programs. February
6, 2007 |
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Billtrust and Mincron Software Form Strategic Alliance
to Offer Outsourced Billing Service for Wholesale Distributors
Billtrust,
the leading billing service provider for the distribution
industry, and Mincron Software Systems (Mincron), a premier
software supplier of distribution and warehouse solutions,
today announced a strategic alliance to enhance Mincron’s
solutions in the critical area of billing services. Mincron
will offer its client companies Billtrust’s CompleteBilling
Service, which includes outsourced paper and electronic billing,
an online customer service tool, expert bill redesign, and
in-bill marketing. January 23, 2007 |
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Billtrust
Closes on $4 Million in Expansion Capital
Billtrust today announced that it has closed a $4 million
round of venture capital investment provided by Edison Venture
Fund. Launched in 2001, Billtrust has grown rapidly to become
a premier provider of billing services to companies throughout
the United States. This investment will be used to enhance
its innovative paper and electronic billing solutions while
investing in its sales, marketing and customer service departments. October
17, 2006 |
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Online
Billing Gets Its Due
Fueled by tremendous pressure to reduce operations costs
and improve customer satisfaction, online billing is on the
minds of more corporate billers these days – and for
good reason. For firms of all sizes, electronic bill presentment
and payment is delivering on its promise to significantly
reduce billers’
costs, while speeding cash flow and increasing customer loyalty. September
6, 2006 |
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Mayer
Electric Supply Selects Billtrust CompleteBilling Service
Billtrust, the leading billing service provider for distributors,
announced today that Mayer Electric Supply has selected its
CompleteBilling Service for paper and electronic billing.
Mayer, the fifteenth largest electrical distributor in the
U.S. according to Electrical Wholesaling magazine’s
2006 rankings, will use Billtrust to deliver invoices and
statements to its clients via US mail, email, fax and internet. July
10, 2006 |
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Billtrust
Introduces Invoice Gateway for Business Billers
Billtrust, the leading billing service provider for midmarket
companies, announced today the immediate availability of
Invoice Gateway, a service that lets business-to-business
billers provide their customers with real-time access to
billing documents via an integrated web delivery channel. November
10, 2005 |
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Technology:
Save $$$ on billings and records
Process improvement cannot be over emphasized in today’s
business climate. Many small businesses are now leveraging
third-party tools to improve their traditional billing system
processes and reducing cost at the same time. October
2005 |
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Billtrust
and DMSi Software Form Strategic Alliance to Offer Outsourced
Billing Service for Wholesale Distributors
Billtrust, the leading billing service provider for the distribution
industry, and DMSi Software, a premier supplier of business
management solutions for lumber wholesalers and building
material distributors, today announced a strategic alliance
to enhance DMSi's solutions in the critical area of billing
services. July 18, 2005 |
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Billtrust
Adds Industry Veteran as Marketing and Sales Vice President
Billtrust, a leader in outsourced billing solutions, today
announced that Thomas A. Scott has been named Vice President
of Sales and Marketing. In this role, Mr. Scott will be responsible
for leading Billtrust's national sales team and communicating
the company's vision to the market. June
7, 2005 |
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Billtrust
Forms National Marketing Alliance With WIT & Co.
WIT & Co., Ltd., a nationwide, member owned and managed distribution
channel for plumbing and HVAC supply companies, and Billtrust,
a leader in outsourced billing solutions, today announced
an agreement making Billtrust an Approved Source for billing
services for WIT's more than 70 distributors. February
21, 2005 |
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Billtrust
Wins Outsourced Billing Contract with Deep Rock Water
Billtrust, a leader in outsourced billing solutions, today
announced that it has been awarded a contract to provide
Deep Rock Water, a major bottled water company serving customers
from Minnesota to Colorado, with an integrated solution for
its next generation billing and customer care needs for 2004
and beyond. December 9, 2004 |
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Billtrust
Wins Bid to Provide Billing Re-Engineering Solution for
IDEXX Laboratories
Billtrust today announced that they have been selected by
Westbrook, Maine based IDEXX Laboratories, Inc. as the vendor
of choice to provide a comprehensive billing solution. July
19, 2004 |
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84
Lumber Selects Billtrust for Outsourced Billing Services
Billtrust, a leading provider of outsourced billing solutions,
today announced that it has been selected by 84 Lumber Company
for all of their billing needs. June
14, 2004 |
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Prism
Visual Software Selects Billtrust as Partner for Outsourced
Billing Soultions
Billtrust, a leading provider of outsourced billing solutions,
today announced it has been chosen by Port Washington, NY
based Prism Visual Software, Inc. to be its billing partner
of choice. March 22, 2004 |
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Culligan
of Tri-Cities Selects Billtrust's CompleteBilling Solution
Billtrust, a leading provider of outsourced billing solutions,
today announced that Culligan of Tri Cities, headquartered
in Blountville, TN, has chosen its CompleteBilling outsourced
billing solution to handle all of their billing needs. February
9, 2004 |
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Billtrust
Announces CompleteBilling for Eclipse
Billtrust, a leading provider of outsourced billing solutions,
today announced the release of its CompleteBilling® product
for use with Intuit's® Eclipse™ Distribution Management
Solution (DMS). November 10, 2003 |
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Billtrust
Paves Way For Improved Customer Servier, Faster Resolution
Of Billing Inquiries
Billtrust, a leading provider of outsourced billing solutions,
today announced the availability of a new service that allows
businesses to quickly access comprehensive customer billing
information. October 8, 2003 |
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Billtrust:
Paper trail a bumpy road
Electronic billing saves time, money and effort for businesses
and their customers, yet many companies have chosen to delay
their transition from paper. Now, a West Windsor-based company
called Billtrust is working hard to convince such firms to
take the digital plunge by starting a major sales campaign
and promising to make the switch-over as painless as possible. September
2003 |
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Billtrust
Selected by 1-800-DryClean for Outsourced Billing
Billtrust, a leader in outsourced billing solutions, today
announced that 1-800-DryClean has selected its CompleteBilling
suite as its preferred outsourced billing solution. August
4, 2003 |
