Concrete Products

APR 2012

Concrete Products covers the issues that attract producers of ready mixed and manufactured concrete focusing on equipment and material technology, market development and management topics.

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INNOVATIONS EQUIPMENT & PRODUCTS CLOUD-BASED BUSINESS INVOICE NETWORK Invoice Central, a cloud-based business invoice network from Billtrust, is fo- cused on streamlining invoice delivery and payment for both vendors and small businesses. The network provides vendors with a hub-based approach to deliver invoices and accept payments electronically. Small businesses can sign up for free, log in, and begin re- ceiving and paying invoices from mul- tiple vendors from one convenient website. Invoice Central empowers small business owners with a one-stop location for invoice and payment man- agement, helping them avoid late fees, maximize early-pay discounts and save time by scheduling future payments. Today, many vendors have the ability to issue invoices and receive payments online. However, the majority of their small business customers have resisted turning off paper because it is too cum- bersome to contend with logging in to multiple vendor payment sites—each with a different login protocol and user interface. Invoice Central solves this problem by enabling small businesses to access invoices from multiple vendors with a single login to a central site. Invoice Central, which is free to busi- ness bill payers, delivers productivity gains that are impossible to achieve with paper-driven processes or at single-ven- dor sites. Designed to eliminate the in- efficiencies that hamper accounts payable operations, Invoice Central can minimize business disruptions. It enables users to schedule future payments quickly and easily and allows businesses to capitalize on early payment discounts. Invoice Central also provides companies with online access to their complete billing and payment history. On the vendor side, Invoice Central of- fers an array of benefits, even for elec- tronic billing-savvy vendors. Invoice Central provides vendors with an oppor- tunity to expand their electronic invoic- ing footprint, thereby dramatically reducing processing costs and payment processing expenses. Invoice Central ex- pedites payment through the ACH net- work and enables faster payment application with files that are configured for vendor accounts receivable systems. — www.billtrust.com WWW.CONCRETEPRODUCTS.COM APRIL 2012 | 41

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