HAMILTON, NJ – (January 28, 2015) – Billtrust, the leading provider of invoice-to-cash solutions, announced today a formalized partnership with zlien, a technology company that automates the lien process. The two organizations share a common focus on helping businesses get paid faster by improving the performance of the accounts receivable process.
Billtrust automates core areas of the invoice-to-cash process including presentment, payment, and cash application. The zlien platform automates and optimizes the lien and bond claim process. Both organizations play key roles in accelerating the time it takes for a business to get paid.
Tim Drake, VP Credit & Collections at ThyssenKrupp, relies on both Billtrust and zlien. "This is a natural partnership. Both companies do a wonderful job of automating complex processes and the integration brings further efficiencies and visibility to our team."
The zlien solution provides their clients with control over their receivables (and bottom line) by enabling them to turn every sale into a secured transaction. The partnership provides an integration that enables shared clients to view invoices hosted by Billtrust within zlien’s portal, making it even easier for a business to secure their outstanding payments.
Billtrust’s CEO and founder Flint Lane said, “zlien and Billtrust share common values including an unwavering commitment to add value to our clients. There is a natural synergy between our services with one simple outcome – to help businesses get paid faster.”
Billtrust and zlien will begin cooperative marketing and education efforts in February. Plans include a joint webinar on February 10 to educate Billtrust clients to the capabilities of zlien. Further, zlien is a sponsor of Billtrust’s annual client conference, "Billtrust CONNECT 2015", taking place in Orlando in late February.
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.com. Stay informed with our blog.
About zlien
Made with love in New Orleans, Louisiana, zlien is a cloud-based platform that gives construction industry participants control over their financial risk and payment processes. The zlien platform manages the mechanics lien compliance process for all parties in the contracting chain, automating and optimizing the exchange of preliminary notices, monitoring lien rights and exposure, and exchanging lien waivers. zlien empowers over 10,000 companies to optimize their credit and financial risk management, and works to promote a fair and transparent construction payment process, improve B2B relationships, facilitate faster payments, and reduce legal and financial risk. For more information, visit http://www.zlien.com.
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