Fintech North America Paytech

Biller Genie Partners With USAePay to Automate Accounts Receivable Process

Biller Genie, an award-winning, cloud-based solution that automates accounts receivable from bill presentment to reconciliation, has announced a strategic new partnership with payment gateway company, USAePay. USAePay will offer Biller Genie customers a seamless integration to their accounting software resulting in an easier way to collect, process, and automatically reconcile credit card payments online.

USAePay merchants will also be able to use Biller Genie to connect to their accounting software at a click of a button, which allows them to easily send invoices, collect payments and automatically reconcile to their accounting software. Biller Genie is offering USAePay merchants’ access to its premium plan with advanced A/R automation features like: automatically following up on invoices with reminders, accepting payments via credit card and ACH, a branded customer portal, and more, for a discounted price for the first 30 days.

“USAePay is known for providing businesses with innovative technology solutions that go beyond payments to enable them to be more efficient,” said Thomas Aronica, Biller Genie CEO & Founder. “We believe this partnership is illustrative of the advances that are underway — and still to come — in accounts receivable automation, and we look forward to adding value throughout the entire payments ecosystem.”

Biller Genie is an innovative cloud-based solution that automates accounts receivable from bill presentment, follow up, collection, and reconciliation — without changing a business’ current process. It synchronises with popular accounting software, like QuickBooks, Xero and AccountingSuite, to improve and simplify the way they process their accounts receivable.  The Genie does the heavy lifting and automatically sends out invoices, payment reminders, follow up messages, late fees, and reconciles back into the accounting software.

“Businesses rarely change their accounting software due to the tremendous disruption that it causes to their current processes,” said Biller Genie President, Garima Shah. “This partnership enables USAePay customers to seamlessly integrate their existing payment systems without needing to change their current accounting software or workflow.”

Biller Genie’s services have been especially valuable during the pandemic for businesses. In the last month, Biller Genie has seen an increase in sales as businesses have realised they can work with Biller Genie to help perform a lot of the busy work and accelerate cash flow while dedicating the employees and the resources of their team for success, growth and business continuity. The company is confident that this efficiency will be even more critical as businesses face and recover from the challenge of the Covid-19 pandemic and shift towards accounting in the cloud in a remote work/cost-conscious environment.

Martin Drake, USAePay president, said: “Biller Genie is one of the most innovative businesses in the fintech space and our relationship provides our merchants with a very effective solution that can help improve their cash flow, increasing processing volume. Covid-19 has heavily impacted our economy and this partnership will be very beneficial to businesses during these uncertain times”.

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Author

  • Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

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