US-based monetary providers supplier, American Categorical yesterday introduced a partnership with Billtrust in an effort to allow suppliers to streamline acceptance of American Categorical digital playing cards. The collaboration will enable suppliers to automate and speed up digital card funds.

American Categorical additionally highlighted the necessity for technology-driven options in B2B funds. By means of its partnership with Billtrust, American Categorical goals to handle key challenges in cost processes. Listed on Nasdaq, Billtrust supplies cloud-based software program and built-in cost processing options to facilitate and automate B2B commerce.

“On this present surroundings of elevated demand for items and providers and an accelerated want for environment friendly cost processes, companies are shifting away from paper-based funds to digital funds for the larger visibility and velocity they supply,” mentioned Colleen Taylor, President, World Service provider Companies US at American Categorical.

“Whereas this pattern helps to learn enterprise patrons and suppliers with quicker funds and larger money circulation, it has left some suppliers in want of an automatic accounts receivable answer that may sustain,” Taylor added.

Final 12 months, American Categorical shaped a partnership with Goldman Sachs for digital cost options. Each monetary providers corporations collaborated to make B2B funds simpler and extra environment friendly for corporates.

Automation

By means of the automation of B2B commerce, Billtrust facilitates firms in transition from costly paper invoicing to progressive options.

“We’re proud to companion with American Categorical to proceed to develop provider card acceptance and enhance the digital funds expertise,” mentioned Flint Lane, CEO, Billtrust. “Each Billtrust and American Categorical acknowledge the necessity to assist retailers and suppliers in responding to purchaser calls for for digital cost choices. This collaboration brings automation to American Categorical retailers and suppliers, serving to create higher outcomes and elevated buyer satisfaction.”

In January 2022, American Categorical (Amex) Ventures, the strategic funding arm of American Categorical, introduced an funding in monetary know-how firm Finmark.

US-based monetary providers supplier, American Categorical yesterday introduced a partnership with Billtrust in an effort to allow suppliers to streamline acceptance of American Categorical digital playing cards. The collaboration will enable suppliers to automate and speed up digital card funds.

American Categorical additionally highlighted the necessity for technology-driven options in B2B funds. By means of its partnership with Billtrust, American Categorical goals to handle key challenges in cost processes. Listed on Nasdaq, Billtrust supplies cloud-based software program and built-in cost processing options to facilitate and automate B2B commerce.

“On this present surroundings of elevated demand for items and providers and an accelerated want for environment friendly cost processes, companies are shifting away from paper-based funds to digital funds for the larger visibility and velocity they supply,” mentioned Colleen Taylor, President, World Service provider Companies US at American Categorical.

“Whereas this pattern helps to learn enterprise patrons and suppliers with quicker funds and larger money circulation, it has left some suppliers in want of an automatic accounts receivable answer that may sustain,” Taylor added.

Final 12 months, American Categorical shaped a partnership with Goldman Sachs for digital cost options. Each monetary providers corporations collaborated to make B2B funds simpler and extra environment friendly for corporates.

Automation

By means of the automation of B2B commerce, Billtrust facilitates firms in transition from costly paper invoicing to progressive options.

“We’re proud to companion with American Categorical to proceed to develop provider card acceptance and enhance the digital funds expertise,” mentioned Flint Lane, CEO, Billtrust. “Each Billtrust and American Categorical acknowledge the necessity to assist retailers and suppliers in responding to purchaser calls for for digital cost choices. This collaboration brings automation to American Categorical retailers and suppliers, serving to create higher outcomes and elevated buyer satisfaction.”

In January 2022, American Categorical (Amex) Ventures, the strategic funding arm of American Categorical, introduced an funding in monetary know-how firm Finmark.

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