Estimated reading time: 0 minutes, 41 seconds

BILLTRUST UPDATES PAYMENTS APP Featured

 BillTrust has rolled out Cash Application10.0 this month. The updated payments application enables accounts receivable departments to automate collections from more than 175 accounts payable ports via its Business Payments Network. 

Version 10.0 can also totally extract remittances electronically from ACH, credit card and wire transfer and  utilizes machine learning models that the company says can “maximize straight-through processing” and learns from a supplier’s ERP system, buyer invoice structure and user behavior: The systems can also recommend best possible matches. The company says product's interface enables companies to be onboarded with one day of training. This month, Billtrust also acquired Netherlands-based Order2Cash, which has offices in the Netherlands in Amsterdam and Joure, along with offices in Krakow, Poland and New York, N.Y. In October, it acquired Begium-based iController

Read 1433 times
Rate this item
(0 votes)

Visit other PMG Sites: