Latest Billtrust “Rockstar” recognized in payment cycle management
Excel Industries joins elite ranks in B2B for accelerating invoice-to-cash process and increasing cash flow
HAMILTON, NJ. – August 7, 2017—Billtrust, the leader in payment cycle management solutions, announced today its newest “Billtrust Rockstar”, Excel Industries. The Billtrust Rockstar program formally acknowledges Billtrust clients as leaders in transformation of the invoice-to-cash process within their organizations.
Roger Nice, Director of Credit Services, and Lisa Burns, Territory Credit Manager of Excel Industries, accepted the Billtrust Rockstar award on behalf of both the Credit and Accounting departments, after showing a significant increase in electronic adoption (eAdoption). Through both team’s efforts, Excel Industries has reached 94% electronic presentment rate and has tripled their electronic payment rate in just the last 90 days.
“We have been working with Billtrust for nine years and the program is still going strong,” said Ms. Burns. “Our customers appreciate the convenience of getting to save their bank and credit card information, making payments easier month after month. We look forward to continuing our relationship and using Billtrust as a resource for our customers.”
The Billtrust Rockstar designation was created to recognize individuals who are visionaries and high achievers among accounts receivable peers. The primary criteria for receiving the designation are improving cash flow, lowering DSO, reducing organizational costs, and increasing customer satisfaction.
“We are excited to include Excel Industries into our Rockstar program for their eAdoption efforts,” said Colleen Ciak, Director of Marketing, eAdoption, Billtrust. “They have successfully converted the majority of their customers into the online portal which they understand provides them with a better success rate for payment.”
AR professionals who achieve the Billtrust Rockstar designation are featured in industry publications and honored in the “Hall of Fame” at Billtrust’s Hamilton, New Jersey headquarters. They are also recognized at the annual client conference Billtrust Connect.
Billtrust encourages coworkers and colleagues to submit the names of one or more potential Billtrust Rockstars within their organization for consideration. Nominations are considered on a rolling basis. For more information about the designation, including judging criteria and how to nominate an individual for the honor, visithttps://www.billtrust.com/clients-love-us/success-stories.
Billtrust accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution. Finance executives and AR specialists love and recommend Billtrust payment cycle management solutions for the remarkable cost savings, ease-of-use, and improved customer satisfaction rates.