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Billtrust and OB10 partner to offer more invoice connections to more customers

Invoice solution providers extend services to their respective customers, making more connections to more companies much easier

HAMILTON, NJ – May 8, 2012 – Billtrust, the premier 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.”

About Billtrust Headquartered in Hamilton New Jersey, Billtrust is the premier provider of automated invoice-to-cash solutions. Billtrust integrates three key areas of the invoice-to-cash process: presentment, payment, and cash application, helping its clients connect with their customers and cash while strengthening their revenue and cash flow. Working with more than 1,200 North American businesses across B2B and B2C markets, Billtrust’s comprehensive offerings help its clients solidify customer relationships, increase productivity, improve cash flow, and seamlessly migrate to electronic channels. For more information, visit Billtrust at billtemp.wpengine.com. Twitter: https://twitter.com/Billtrust LinkedIn Company Page: http://www.linkedin.com/company/99112 Billtrust Blog: http://blog.billtrust.com

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MEDIA CONTACT: Scott Conway Billtrust 609-235-0801 [email protected]

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