Hamilton, N.J.—Oct. 9, 2013—Billtrust, an outsourced billing services provider, announced plans to connect its Invoice Central solution to the Ariba Network, making it easier for companies to drive a completely automated and secure invoice and payment process. Once integrated, buyers and sellers can 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 of 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 1 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 can automate the process of delivering invoices and receive payment remittance information from their customers on the Ariba Network. Ariba customers can enhance the invoice information their suppliers provide, and ultimately drive increased adoption of their electronic invoice and payment initiatives.
Billtrust currently serves more than 1,000 corporate customers that represent more than 250 million transactions and more than $200 billion in annual receivables. Its menu of services spans a range of paper and online billing channels for the delivery and payment of invoices and statements.