Open Scan, a Division of Billtrust, Announces Dynamic Receivables
DENVER, CO – (May 20, 2013) – Open Scan is announcing the availability of Dynamic Receivables, the initial release on its new Enterprise Cash Flow Processing Platform. Dynamic Receivables is a redesigned web-based version of Open Scan’s industry- defining Receivables Process Management solution that has revolutionized the way over seventy major corporations process their receivables. Open Scan customers welcome unparalleled speed and accuracy in cash application, labor efficiencies of 50- 75 percent, and the elimination of bank lockbox keying fees. The new platform offers clients a choice in how they want the solution delivered either on-premise or hosted by Open Scan.
“With the introduction of our Enterprise Cash Flow Processing Platform, we’re offering maximum flexibility to meet the needs of different companies,” said Vice President of Sales & Marketing, Timothy F. Ray. “We’re excited by the scalability the platform provides, along with a vehicle for deploying new capabilities much more rapidly.”
Other Dynamic Receivables’ advantages include a browser-based interface, re- architected for optimal user experience, plus a standard best practices configuration that enables faster implementations. When clients choose the hosted version, they receive most of the on-premise solution benefits with a smaller hardware footprint and fewer IT requirements.
“This release propels Open Scan into an entirely new phase in its continuing growth,” said Open Scan President and CEO, Nadine Lange.
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.