Billtrust’s Invoice Gateway is a web-based SAAS solution that enables merchants to present invoices to its customers and buyers in electronic format, with the flexibility and customizability that appeal to both the merchant and its customers. The company today announced the new functions included in the latest release.
Two of the new attributes focus on the potential for increasing complexity of buyer-supplier relationships, enabling a single buying firm to maintain separate accounts with different business units of the merchant firm, and vice versa, enabling a merchant to maintain separate sales relationships with different business units in a single corporate customer. Two additional extensions of functionality integrate support for multiple languages based on the user’s browser settings, and also expand the capabilities for dispute resolution within the application.
According to Bob Hinkle , VP of Product Strategy at Billtrust:
“Ease-of-use benefits both the customer and the biller, since it encourages adoption and moves a greater number of accounts from paper-based to online billing. With the debut of this release, billers can take another important step in enjoying the speed, accuracy and reduced cost of EIPP.”
The additional functionality in the new release should enable billers to increase their adoption of electronic invoice presentment, and equally as important, to entice more of their respective customers to give up paper and adopt digital means of exchanging information. Billers and customers alike should be able to reduce costs and increase the efficiency of financial operations with enhancements such as these.
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