Invoiced Finishes 2019 Automating More than $10 Billion in Receivables for Customers

Invoiced, a provider of Accounts Receivable Automation solutions, has announced it achieved numerous milestones in 2019 covering all aspects of its business including market penetration, industry recognition, product innovation, staffing and overall growth. Throughout the year, Invoiced achieved the following:

Customer acquisition and success

Invoiced made significant progress expanding its customer footprint, increasing it’s mid-market customer wins by more than 220% year over year. The company also brought on several noteworthy clients including Uber, Ticketmaster, Boys and Girls Clubs, Sprint and the Dallas Stars. Continuing on its path to transform how A/R is done, Invoiced processed more than $10billion in receivables on behalf of clients in 2019.

Industry recognition and momentum

Invoiced received numerous awards and distinctions showcasing its leadership in accounting technology and the overall cloud software industry. In 2019 the company rose to become the highest rated AR Automation Software on G2.com and received additional G2 accolades including Easiest to Use, Easiest to Implement, Best Support and Best Results. Additionally, Invoiced was the winner of Ingram Micro’s Comet Competition in Chicago and will go on to compete in the worldwide final competition at Ingram’s 2020 Cloud Summit in Miami. Invoiced was also named as a finalist in the 2019-2020 Cloud Awards in the Billing, Finance and Payments category. The company was also selected for the invitation-only Forbes Finance Council.

Overall company and management team growth

Invoiced doubled its headcount year over year, hiring numerous product, success and support staff including Chris Couch as the company’s first VP of Sales. Couch is a veteran software revenue leader with deep experience in B2B fintech solutions.

Launching Invoiced Payments

Invoiced launched Invoiced Payments powered by Chase. Together with WePay, the integrated payments business of JPMorgan Chase & Co., Invoiced Payments brings a world-class payment processing capability to the thousands of businesses who rely on Invoiced for their accounts receivable operations. Invoiced Payments works seamlessly within Invoiced’s comprehensive Accounts Receivable Automation platform.

Continued platform expansion

Invoiced announced several new and significant capabilities including subscription billing,forecasting and powerful access management controls. The company also announced its partnership and integration with Oracle NetSuite, culminating with the availability of the Invoiced SuiteApp and Invoiced’s acceptance into NetSuite’s Built for NetSuite program.

“With a highly productive and eventful 2019 behind us, we could not be happier about what we’ve accomplished in every aspect of our business” said Jared King, co-founder and chief executive of Invoiced. “The momentum and recognition we earned this year are extremely rewarding and point to an even bigger 2020 for both the company and our thousands of customers,” he added.