Kraft Foods Selects Billtrust’s Invoice Gateway for the Online Presentment and Payment of their Invoices
The role of online for the presentment and payment of invoices continues to grow with Kraft Foods joining the roster of leading companies using Billtrust’sInvoice Gateway service
Monroe Township, NJ (PRWEB) January 5, 2011 – Billtrust, a premier provider of outsourced billing services, today announced that Kraft Foods, one of the world’s largest food companies, has chosen their Invoice Gateway service for the online presentment and payment of their bills.
The way businesses receive and pay their bills is changing at a fast pace. In the Business-to-Business market, there has been a dramatic increase in the use of electronic options, with one of the fastest growing delivery channels being online. With Billtrust’s Invoice Gateway, companies can view and pay their invoices and statements via a secure, integrated web delivery channel.
Billtrust’s Invoice Gateway service provides many advanced features that create an enhanced experience for companies such as the ability to download data into accounting packages and manage payment disputes. Because Invoice Gateway is a hosted SaaS solution, it is easy for companies to implement. Kraft Foods Invoice Gateway site went live in less than 8 weeks, which included a rigorous testing phase. “As an organization we have made significant investments to ensure we are offering a best in class EIPP solution” said Billtrust President Flint Lane. “Having a leading organization like Kraft Foods select our service is validation of the differentiated solution we offer.”
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.