Billtrust Appoints Paul Harrison as General Manager of Invoice Central
HAMILTON, N.J.–(BUSINESS WIRE)–Billtrust, the leader in Payment Cycle Management, today announced the appointment of Paul Harrison as the General Manager of Invoice Central, the leading bill and payment consolidation site for Small and Medium Sized Businesses (SMBs).
Mr. Harrison joins Invoice Central from Fiserv, a leading provider of financial technology solutions, where he was Senior Vice President and General Manager of CheckFreePay. A business executive with over 30 years of experience in developing and implementing strategic direction, restructuring organizations for increased performance, recruiting talent, and championing aggressive business growth, Mr. Harrison will be responsible for overseeing Invoice Central’s strategy and day-to-day operations. He will report directly to Billtrust Founder and CEO Flint Lane.
“We are thrilled to welcome Paul to the Billtrust family,” said Mr. Lane. “His deep expertise in the payments space combined with his strong entrepreneurial spirit make him the ideal candidate to lead Invoice Central to further growth and success.”
While at Fiserv, Mr. Harrison established a new management team and instilled a culture of growth into his business unit. He successfully developed and implemented strategies for expanding distribution and increasing revenue. Prior to that, he served as Head of US Sales & Strategic Business Development at BT Group, a British multinational telecommunications company, where he provided sales and business leadership to the company’s emerging strategic initiative focusing on building a new US-based professional services group.
“Billtrust and its Invoice Central network are poised to disrupt the B2B billing and payment space,” said Mr. Harrison. “This is a truly unique opportunity and I’m very excited to be part of such an innovative company.”
Invoice Central is a one-stop, SaaS-based approach to electronic billing and payment for SMBs that simplifies invoice management by replacing multiple forms of bill delivery (e.g., paper, email, and online). It also allows SMBs to review and pay invoices through one consolidated web site, and helps users avoid late fees, maximize early-pay discounts, and boost workflow efficiency. For vendors, Invoice Central delivers a fully electronic billing and payment solution that allows them to automate the billing, payment, posting, and reconciliation process. Through its Pay Anyone feature, SMBs can pay all of their vendors via Invoice Central, regardless of whether the vendor is already an active Billtrust customer.
Billtrust is the premier provider of Payment Cycle Management solutions, helping businesses accelerate invoice-to-cash. By integrating the three key areas of the payment cycle: invoice presentment, invoice payment, and cash application, Billtrust is committed to delivering a flexible solution to improve buyer satisfaction and DSO. In 2014, the Billtrust invoice-to-cash solution processed over $250 billion in receivables for leading companies including Kraft Foods, Under Armour, Estes Express and CDW.