American Categorical Collaborates with Billtrust

by Cryptospacey

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 permit suppliers to automate and speed up digital card funds.

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

“On this present atmosphere of elevated demand for items and providers and an accelerated want for environment friendly fee processes, companies are shifting away from paper-based funds to digital funds for the larger visibility and pace they supply,” stated Colleen Taylor, President, International Service provider Providers US at American Categorical.

“Whereas this development helps to profit enterprise patrons and suppliers with sooner funds and larger money circulate, it has left some suppliers in want of an automatic accounts receivable resolution that may sustain,” Taylor added.

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

Automation

By way of the automation of B2B commerce, Billtrust facilitates corporations in transition from costly paper invoicing to modern options.

“We’re proud to accomplice with American Categorical to proceed to develop provider card acceptance and enhance the digital funds expertise,” stated Flint Lane, CEO, Billtrust. “Each Billtrust and American Categorical acknowledge the necessity to help retailers and suppliers in responding to purchaser calls for for digital fee 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 expertise 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 permit suppliers to automate and speed up digital card funds.

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

“On this present atmosphere of elevated demand for items and providers and an accelerated want for environment friendly fee processes, companies are shifting away from paper-based funds to digital funds for the larger visibility and pace they supply,” stated Colleen Taylor, President, International Service provider Providers US at American Categorical.

“Whereas this development helps to profit enterprise patrons and suppliers with sooner funds and larger money circulate, it has left some suppliers in want of an automatic accounts receivable resolution that may sustain,” Taylor added.

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

Automation

By way of the automation of B2B commerce, Billtrust facilitates corporations in transition from costly paper invoicing to modern options.

“We’re proud to accomplice with American Categorical to proceed to develop provider card acceptance and enhance the digital funds expertise,” stated Flint Lane, CEO, Billtrust. “Each Billtrust and American Categorical acknowledge the necessity to help retailers and suppliers in responding to purchaser calls for for digital fee 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 expertise firm Finmark.

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