Stuffing envelopes with invoices was slowing SPI down. With the help of Billtrust Invoicing, they quickly ramped up their digital invoice delivery from 57,000 in 2021 to 140,000 in 2023. This means your AR team can say goodbye to manual invoicing hassles and hello to streamlined processes with invoicing automation. Our solution is more than just a tool—it’s a catalyst for growth and savings. Here’s how we can help:
Maximize time and overhead savings
SPI's success story with Billtrust highlights the transformative impact on time and overhead savings. By automating invoicing processes, SPI redirected resources towards strategic growth initiatives, rather than allocating funds to expand personnel. This streamlined approach not only reduced administrative burdens but also facilitated a more agile and cost-effective operation, laying the foundation for sustainable expansion and innovation.
Accelerate payments
SPI's experience with Billtrust underscores the importance of accelerating payments through online channels. By enabling customers to pay promptly online, including via credit cards, SPI witnessed a significant improvement in cash flow and receivables turnover. The accessibility of real-time payment tracking and statement visibility enhanced transparency and trust, fostering stronger relationships with clients and driving revenue growth.
Slash costs
By eliminating the need for physical mailings and postage fees, SPI reduced overhead expenses associated with traditional paper-based processes. The environmentally conscious shift towards digital documentation not only aligned with sustainability goals but also positioned SPI as an industry leader committed to efficiency and innovation.
Hear what SPI has to say about Billtrust Invoicing & Payments
Watch the video to learn more from SPI Director of Credit and Shared Services, Karen Singleton.
Drive revenue
By optimizing invoicing and payment processes, SPI experienced a significant increase in payment volume, demonstrating the transformative power of streamlined operations. The data-driven insights provided by Billtrust's analytics tools empowered SPI to make informed decisions, identify growth opportunities, and capitalize on market trends, driving sustained business success.
Enhance customer service
By leveraging automated invoicing and payment solutions, SPI enhanced customer satisfaction by providing convenient online payment options and real-time access to account information. This proactive approach not only improved the overall customer experience but also strengthened loyalty and retention rates, positioning SPI as a trusted partner in its industry.
Take your business to the next level with Billtrust
SPI's testimonial underscores the transformative impact of Billtrust's Invoicing and Payments solution on businesses seeking to optimize efficiency, drive growth, and enhance customer satisfaction. As SPI's success story demonstrates, partnering with Billtrust empowers businesses to unlock savings, accelerate revenue, and deliver exceptional customer experiences.
Join the ranks of industry leaders who have embraced digital transformation with Billtrust and embark on a journey towards sustainable growth and success. Contact our experts today to learn more about how Billtrust can help take your business to new heights.