New Release Delivers Enhanced AR Visibility,
New Days to Pay Index and a Unified User Experience
LAWRENCEVILLE, N.J., Nov. 28,
2023 /PRNewswire/ -- Billtrust, a B2B
order-to-cash and digital payments market leader, announces a new,
easier-to-use interface for its AI-powered accounts receivable (AR)
software platform which delivers improved insights and a more
holistic view of AR processes to optimize cash flow and improve
staff productivity. The new, platform-wide user experience –
coinciding with the company's new Moving Finance
Forward™ brand promise and featuring a new Days to Pay Index –
maximizes the office of the CFO's ability to achieve a unified
order-to-cash operation by:
- Leveraging data for better analytics and
insights. Billtrust now delivers a more panoramic
perspective of the entire order-to-cash process, providing valuable
insights across the entire enterprise.
- Maximizing customer satisfaction. The Billtrust platform
offers the convenience of accepting multiple payment methods
through any available channel, providing more flexibility for
customers while gaining more control over their invoice and payment
demands.
- Allowing teams to spend more time on high value
projects. When freed from time-consuming manual tasks,
teams are now able to focus on more valuable interactions, projects
or activities.
Billtrust customers will benefit from a
more unified experience and a complete, AI-powered view of
customers' activity.
"The value of analytics and actionable insights for finance
teams has never been more important, as CFOs seek a more
comprehensive view of their entire business," said Sunil Rajasekar, Billtrust CEO. "Billtrust
customers will now benefit from a more unified experience with an
AI-powered, complete view of customers' activity across their
entire AR process. And as they leverage our unified platform of AR
solutions, we can offer more dynamic analytics, presenting them
with valuable real-time data and insights to help them make faster,
more intelligent and cost-effective decisions."
Days to Pay Index
Billtrust's new Days to Pay Index is now a part of its Invoicing
analytics dashboard. A proprietary benchmark measurement, the Days
to Pay Index provides customers with unparalleled insights into
their payment collection efficiency, compared against peers within
the expansive Billtrust customer base. In addition to providing the
ability to identify opportunities to make adjustments to increase
cash flow, other key features include:
- Precision and timeliness. Updated nightly, data is
reflective of the chosen timeframe in the user dashboard.
- Data privacy. All the data employed is anonymized,
ensuring data privacy while offering insightful performance
metrics.
- Exclusivity and accessibility. Exclusively for U.S.
Invoicing clients, this feature comes at no added costs,
emphasizing Billtrust's commitment to adding value.
Moving Finance Forward
Billtrust's "Moving Finance Forward" brand promise encapsulates
the company's commitment to re-engineering the order-to-cash
process, simplifying and elevating the customer experience and
helping companies achieve financial objectives faster. The new
brand campaign will be carried through Billtrust.com and
digital media channels, as well as the company's advertising and
public relations efforts.
"The strength in 'Moving Finance Forward' is both in its
simplicity and how it embodies what we set out to do for our
customers," said Rajasekar. "We help move finance forward by
empowering teams to propel growth, guide and inspire their
businesses."
In addition, as part of the "Moving Finance Forward" initiative,
Billtrust.com now features new, interactive web browsing
capabilities allowing customers to easily access real-time
information, and a new e-book, Moving Finance Forward with
Unified Order-to-Cash, is now available to enable finance teams
to learn more about leveraging advanced analytics, AI and
automation across their AR processes.
About Billtrust
Finance leaders turn to Billtrust to control costs, accelerate
cash flow and improve customer satisfaction. As a B2B order-to-cash
software and digital payments market leader, we help the world's
leading brands get paid faster while transitioning from expensive
paper invoicing and check acceptance to efficient electronic
billing and payments. With over 2,600 global customers and more
than $1 trillion invoice dollars
processed, Billtrust delivers business value through deep industry
expertise and a culture relentlessly focused on delivering
meaningful customer outcomes.
Media Contact
Paul Accardo
PR@billtrust.com
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SOURCE Billtrust