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Accounting

Billtrust expands Open API for increased tracking of bills

Inclusion of SmartTrak is Latest Addition to Open Interface Offered By Billtrust’s SaaS-Based Accounts Receivable Automation Platform

May 30, 2013 – Web-based automated billing service provider Billtrust has extended the versatility of its suite of accounts receivable services by incorporating SmartTrak into the suite’s Open API (Application Programming Interface).

SmartTrak is Billtrust’s service for tracking delivery of bills through the U.S. Postal Service (USPS) and online channels; by knowing whether invoices and statements were successfully delivered to recipients, businesses can now open up new possibilities for even greater accountability and efficiency.

Billtrust’s API now offers nearly a dozen value-added Web Services to customers and third-party developers. The Open API makes it one of the most versatile billing technologies on the market, enabling users to have bills, payment information, and delivery information integrated into their ERP, collection software and payment application systems. By displaying such information in a customized, consolidated view, users can dramatically improve their AR productivity.

“Billtrust’s Open API gives our customers relevant and actionable information for integration into their Order-to-Cash systems,” said Mitch Rose, Vice President of Marketing for Billtrust. “The ability to call delivery and payment information is invaluable for collection departments, customer service teams and internal accounting staffs.”

The Open API adds significant efficiency to the Order-to-Cash process by integrating Billtrust’s CompleteBilling suite of services with complementary IT systems. Users can share information across Accounts Receivable software applications including exact replicas of billing documents, payment information, and data about the usage of online billing systems.

SmartTrak adds even more value to the suite. The tool can confirm the date a statement was delivered to a recipient’s local post office as well as track the movement of a BRE (Business Return Envelope) when the person or company mails the BRE back to the business.

The latest release of the Open API is now available for existing and new Billtrust customers.