Invoiced, the award-winning Accounts Receivable Automation platform and American Express, announced that the two companies have teamed up to offer an exclusive 40% discount for an Invoiced plan via American Express’s new Business Services Suite. The American Express Business Services Suite provides tools and discounts to American Express-accepting Merchants to help them keep in touch, keep up productivity, and keep selling.
Invoiced is a cloud-based accounts receivable automation solution that aims to help small and mid-market B2B businesses get paid fast, automate collections and streamline payments so they can spend less time worrying about getting paid and more time on running and growing their businesses.
All American Express merchants who are new Invoiced customers are eligible to get 40% off of an Invoiced plan for the first two years of your subscription. For terms and additional information about this offer visit https://info.invoiced.com/amex1?utm_medium=partner&utm_source=amex.
American Express is committed to supporting small and mid-sized enterprises (SMEs) through initiatives such as the annual Small Business Saturday and the recently announced Stand For Small platforms to provide meaningful support to small businesses as they navigate the impacts of Covid-19.
Many B2B businesses continue to manage their billing, payments and collections processes using inefficient, manual, paper and spreadsheet-based processes. According to a 2019 PYMNTS.com study, 72.4% of AP Professionals cite postal mail as the most frequent way they receive invoices and 80.8% of firms still make payments with paper checks.
In addition, the shift to a virtual, distributed workforce as a result of the COVID-19 crisis has made shifting AR from paper-based processes to electronic ones even more relevant.
By teaming up with Invoiced on a special offer for American Express-accepting merchants, American Express is helping merchants discover a solution that could help them transition their AR from legacy manual processes to modern, streamlined, digitally-enabled ones. This can help merchants realize operational efficiencies, cash flow benefits and customer experience improvements.