VANCOUVER, BRITISH COLUMBIA (January 16, 2016) – ecmarket, cloud-based solutions developer of Conexiom, the most accurate sales order and invoice automation solution, announced today a partnership with Billtrust, the leading provider of payment cycle management solutions. The two organizations share a common goal of providing automation solutions that eliminate manual data entry errors, improve productivity, and reduce costs.
Billtrust automates core areas of the invoice-to-cash process including presentment, payment, and cash application. ecmarket’s Conexiom solution revolutionizes critical sales and accounting business practices by automating incoming emailed or printed vendor AP invoices and purchase orders from suppliers and customers into a format for electronic submission into their ERP system with 100% accuracy.
Werner Electric Supply, a distributor of electrical products and services relies on both Billtrust and Conexiom. “This partnership allows distributors to focus on serving customers and managing supplier relationships instead of entering data,” says Troy Entwisle, Director of Sales Productivity at Werner. “Both companies automate complex accounting and sales processes and bring outstanding productivity and efficiency improvements to customer service and accounting teams.”
“ecmarket and Billtrust are both committed to delivering solutions with an excellent ROI. Our partnership is a natural extension of our shared purpose of helping businesses be more productive and efficient by automating key business processes,” says Billtrust’s CEO and founder Flint Lane.
“This partnership with Billtrust will help distributors increase profitability by establishing substantial improvements to how purchase orders and supplier AP invoices are processed,” says Brent Halverson, President and CEO of ecmarket.
Billtrust and ecmarket will begin cooperative marketing and education efforts immediately. Plans include a joint webinar on January 14, 2016 to introduce Billtrust customers to the Conexiom solution. In addition, ecmarket is a sponsor of Billtrust’s annual client conference, “Billtrust CONNECT 2016”, taking place February 21-23, 2016 in Scottsdale, AZ.
Billtrust is the premier provider of Payment Cycle Management solutions, helping businesses accelerate invoice-to-cash. By integrating the three key areas of the payment cycle: invoice presentment, invoice payment, and cash application, Billtrust is committed to delivering a flexible solution to improve buyer satisfaction and DSO. In 2014, the Billtrust invoice-to-cash solution processed over $250 billion in receivables for leading companies including Kraft Foods, Under Armour, Estes Express and CDW. For more information, visit Billtrust at www.billtrust.com.