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Seamless Technology Integrations for Your Business

Discover TreviPay’s technology partners for easy payment, ERP/accounting and eCommerce integrations, along with support from experienced consultants.

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TreviPay‘s Technology Partners

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IDC MarketScape Positions TreviPay as a Major Player in Worldwide Accounts Receivable Automation Applications for the Enterprise

OVERLAND PARK, Kan., December 4, 2024 —  TreviPay, the most-trusted B2B payments and invoicing network, today announced it has been named a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment1. TreviPay was one of the 14 vendors with a SaaS or cloud offering to be evaluated for their accounts receivable (A/R) strategy and capabilities.  

The IDC MarketScape report highlighted a selection of TreviPay’s strengths including: 

  • Robust APIs: “The TreviPay suite of APIs enables merchants to directly integrate invoicing into any ecommerce platform, point-of-sale environment, or order management platform. In addition, TreviPay enables a white-labeled solution that may be embedded within the checkout, giving buyers a line of sight into how much credit they have available in real time. Terms to buyer and settlement with client are both independently configurable, enabling guaranteed DSO.”  
  • Expanding/Expansive Ecosystem: “The most recent investments include a strategic partnership with Mastercard to give suppliers the ability to extend trade credit financing and invoicing using Mastercard’s commercial card payment capabilities. Also, TreviPay recently announced a strategic partnership with Allianz Trade that integrates Allianz Trade’s credit insurance into TreviPay solution for enhanced risk management that enables funding capabilities.” 

The evaluation assesses vendors in two primary categories: strategies and capabilities. The strategy criteria measure how well the vendor’s future strategy aligns with what customers will require over the next three to five years, and measures functionality roadmap, extensibility, scalability, customer experience and 3rd platform strategy. And the capabilities criteria assess agility, automation, extensibility, flexibility, functionality, portfolio benefits, 3rd platform usage and visibility.  

“Traditional accounts receivable processes are ripe for disruption. As we saw in our vendor assessment, this is dynamic market with a range of A/R solutions for the enterprise, but only a few, like TreviPay, that offer an integrated order-to-cash solution along with native financing options,” said Kevin Permenter, senior research director, Financial Applications at IDC. 

This recognition follows TreviPay’s recent news to expand its automated order-to-cash offering and further enhance the buyer onboarding experience by reducing manual reviews and speeding up credit decisioning to near real-time. It also comes on the heels of the TreviPay Crossroads conference which brought together clients, partners and industry leaders from across the B2B payments ecosystem. 

“We are thrilled to be recognized by IDC MarketScape as a Major Player in Accounts Receivable Automation Applications for the Enterprise report noting our deep payment management functionality, robust APIs and expansive ecosystem as key strengths,” said Brandon Spear, CEO of TreviPay. “As a first-time participant in this evaluation, it is particularly gratifying to see our distinctive capabilities and forward-looking strategies recognized in this assessment. With our focus on working with the largest global brands, we have seen the massive opportunity in automating core A/R processes, offering more payment choice to buyers and providing perfect DSO to financial teams.” 

Download an excerpt of the vendor assessment.  

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1 IDC, IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment, #US51740924, December 2024 
 

About TreviPay 

At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay’s global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail, and transportation. For more information, visit www.trevipay.com

About IDC MarketScape 

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market.The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s  

position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.   

Unlock Insights to Transform Accounts Receivable Processes

The IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 is your guide to navigating the rapidly evolving A/R landscape. This comprehensive report evaluates providers in A/R automation, offering valuable advice for technology buyers. 

Understanding Accounts Receivable Challenges and Opportunities

Unlock actionable insights to help your business:  

  • Embrace Automation: Learn how today’s solutions improve efficiency and reduce manual tasks 
  • Enhance Scalability: Discover technologies for growth-ready A/R processes 
  • Leverage Best Practices: See how innovative tools and integrations can streamline invoicing and payments 
  • Optimize Cash Flow: Explore solutions that deliver perfect DSO and real-time credit decisioning 

This report is designed for finance leaders, A/R professionals and decision-makers looking to: 

  • Improve operational efficiency 
  • Implement advanced automation technologies 
  • Stay competitive in a dynamic market 

Enhance Your A/R Automation  

Ready to learn how TreviPay can transform your accounts receivable processes? Download the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 and discover why we were named a Major Player.

The State of e-Invoicing: Navigating Global Mandates, Technology and Business Benefits

Invoicing, a critical aspect of B2B commerce, has seen increasing demands for digital transformation due to large buyers and government mandates. At TreviPay Crossroads, industry experts gathered for a panel discussion on the current state of e-Invoicing and the growing complexities businesses face. Moderated by Dan Zimmerman, the panel featured key insights from Brandon Eibes of TreviPay, Paul Rogers of Vendorcom, James Norfor of b2buy and Brian Groome of KPMG.

A Global Push for e-Invoicing

One of the primary takeaways from the panel was the global nature of e-Invoicing, with mandates varying by country and region. James Norfor, CEO of b2buy, emphasized the progress in Australia and New Zealand, where governments have mandated e-Invoicing for all government agencies since 2022. “In Australia, the government’s mandate to process invoices within five days for eligible suppliers has driven significant uptake of e-Invoicing,” Norfor shared. 

Brandon Eibes of TreviPay echoed the international complexity, noting that “even within the European Union, countries like Italy, France and Germany are at different stages of adopting e-Invoicing standards.” This patchwork of mandates highlights the need for businesses to stay agile and adaptive as new regulations unfold globally.

Beyond Compliance: Unlocking Business Value

While compliance with government mandates is a key driver of e-Invoicing adoption, the panel highlighted that businesses should view e-Invoicing as more than just a compliance exercise. It offers significant opportunities to streamline operations and drive revenue growth. 

Paul Rogers, Chairman of Vendorcom, pointed out the real business upside, particularly in improving customer experience and operational efficiency. “For many businesses, e-Invoicing presents a chance to become more agile, improving their ability to deliver better customer experiences and reducing the complexity of financial processes,” Rogers said. 

Brian Groome of KPMG added “what started as a tax compliance initiative has evolved into an opportunity to build more efficient, scalable processes across global organizations.” Groome emphasized that when done right, e-Invoicing can automate data flow, enhance transparency and even eliminate the need for certain tax returns by providing governments with real-time access to transaction data.

The Role of Technology in e-Invoicing

One of the major challenges discussed during the panel is the varying levels of technological adoption across different markets. While some businesses have fully embraced e-Invoicing through platforms like Xero and MYOB in Australia and New Zealand, others—particularly in the United States—are still adjusting to the shift. 

At TreviPay, Eibes described how the company is helping businesses integrate e-Invoicing solutions seamlessly. “We’ve seen that when businesses fully integrate their invoicing systems with platforms like TreviPay, they experience a significant uptick in customer loyalty and spending. Some clients have seen a 30-50% increase in spending after e-Invoicing integration,” Eibes noted.

Flexibility and Scalability: Key to Successful Implementation

A recurring theme of the discussion was the need for flexibility in e-Invoicing solutions, especially as businesses scale or operate in multiple regions. “The beauty of e-Invoicing lies in its scalability,” said Rogers. “But for businesses to harness this fully, they need solutions that can accommodate everything from small, one-off invoices to large, complex transactions.” 

Brian Groome also noted the importance of building a unified, global strategy for e-Invoicing that can handle regional differences in mandates. “Larger organizations must think about how they can standardize their processes while still meeting the diverse regulatory requirements of each country they operate in,” Groome advised.

Looking Ahead: The Future of e-Invoicing

The panel concluded with a look toward the future of e-Invoicing, both in terms of regulatory expansion and technological advancements. As governments around the world continue to adopt e-Invoicing mandates, the technology and processes supporting this transformation will only grow more sophisticated. 

Rogers discussed how open banking could play a key role in the future of e-Invoicing, enabling smoother, faster payments between buyers and suppliers. “The integration of invoicing with open banking and payment tokens could revolutionize how businesses handle payments,” Rogers predicted. 

Eibes also highlighted TreviPay’s role in leading this charge: “As businesses move toward digital-first financial operations, TreviPay’s flexible, scalable solutions help our clients adapt and thrive in the evolving e-Invoicing landscape.”

Key Takeaways

  • Global Complexity Requires Agility: Businesses must navigate diverse and evolving e-Invoicing mandates across countries, making flexibility and adaptability essential to success. 
  • e-Invoicing Offers More Than Compliance: When integrated properly, e-Invoicing drives operational efficiency, improves customer experience and unlocks revenue growth opportunities. 
  • Technology is Key: From government mandates to private-sector initiatives, the success of e-Invoicing depends on adopting the right technologies that can scale and integrate seamlessly across different systems. 
  • Future Focus: Open banking and payment tokenization could represent the next frontier in e-Invoicing, making transactions faster and more transparent. 

As e-Invoicing continues to gain traction worldwide, businesses must stay ahead by adopting solutions that not only meet regulatory requirements but also enhance their operational capabilities. TreviPay leads the way with flexible, scalable e-Invoicing solutions that support global businesses in this evolving landscape.

6 Ways to Bring Order to Your Order-to-Cash 

The right technology helps you remove friction from your order-to-cash process.  

Managing an effective, technology-driven payments strategy requires understanding payments complexity. TreviPay has the solutions to help you uncomplicate your order-to-cash process. 

“6 Ways to Bring Order to Your Order-to-Cash” explores actionable strategies to optimize each stage of your O2C processes. Included in this guide, are ways to: 

  • Speed up buyer qualification and onboarding 
  • Enable smooth, omnichannel purchasing 
  • Automate invoicing and payment reconciliation 
  • Reduce delays in payment collections 

Download the guide and enhance your O2C process for better cash flow and efficiency. 

TreviPay Embeds Dynamic Trade Credit Application into B2B Buyer Onboarding Process

TreviPay’s Risk Management Platform now offers automated buyer onboarding at onset of order-to-cash process, with faster and more localized configurations for foreign markets

OVERLAND PARK, Kan., November 20, 2024 TreviPay, the most-trusted B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. With TreviPay’s proprietary Risk Management Platform, business buyers can now apply for trade credit through a dynamic self-serve application, making the onboarding experience easier, faster and more tailored. As the global B2B market continues to grow, sellers can leverage TreviPay’s automation technology to reduce manual reviews while also speeding up credit decisioning to near real-time. The dynamic application is localized for an expanded list of key geographies, including the U.S., Australia, Canada and the UK, to ensure country-specific business terminology, language and foreign regulatory requirements are addressed. 

As highlighted during the inaugural TreviPay Crossroads conference in October, merchants who optimize the O2C process improve the B2B payments experience and build long-term buyer loyalty. Seamless onboarding in a seller’s trade credit program is the first step. Buyers using TreviPay’s automated onboarding will have a dynamic experience once company revenue numbers have been input. This will automatically prompt a tailored enterprise or SMB form version, saving sellers manual processing time and qualifying buyers to begin purchasing on net terms even quicker than before. 

“Offering frictionless buyer experiences that bolster loyalty is a major component to optimizing the order-to-cash process for B2B sellers,” said Dan Zimmerman, Chief Product & Technology Officer of TreviPay. “With the latest automation updates, TreviPay clients can reduce manual efforts to ensure net terms programs are activated seamlessly and buyers can begin transacting as quickly as possible. This reduces online cart abandonment and helps buyers with time-sensitive orders needed to run their business.”  

TreviPay’s proprietary Risk Management Platform is currently available in 19 countries and integrates dozens of external data sources, including credit bureaus and fraud scores, as well as machine learning and AI predictive capabilities to deliver near real-time decision-making for trade credit customers. In addition to speed and customization, the dynamic self-serve application has enhanced localization. Additional features also available to improve the buyer onboarding experience include: 

  • Eligibility Check to proactively alert applicants if they are ineligible to participate before completing the full application, reducing risk of a negative experience with the seller; 
  • Authorized Signer to forward a secure application from the buyer to an authorized signer for review and signature for seamless approvals; 
  • Pre-Populated Data to let sellers pre-populate relevant data before sending prospects an invitation to apply, saving buyers time in sourcing repetitive or unknown business details; 
  • Document Upload to allow an applicant to securely upload support files at the time of application enabling faster credit decisions and minimizing follow-up from the seller and TreviPay (available in 2025). 

To learn more about leveraging TreviPay Risk Management System to automate workflows and decisioning, visit https://www.trevipay.com/solutions.  

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About TreviPay 

At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay’s global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail and transportation. For more information, visit trevipay.com

Transform Your FP&A with AI: 4 Key Levers for Success

Finance teams face increasing pressure to deliver faster, more accurate insights. Traditional Financial Planning and Analysis (FP&A) processes, often dependent on historical data and manual work, are struggling to keep up with modern demands. To meet these challenges, businesses are turning to AI to optimize their FP&A functions and enhance decision-making.

Dr. Beadle Navaraj, Finance Practice Lead & Senior Partner, CFO Advisory & AI Transformation at WNS, discusses how AI integrated with human intelligence is transforming FP&A in “4 Levers to Transform FP&A with an AI-augmented Center of Intelligence.” This article covers four key areas for modernizing FP&A processes: 

  1. AI-powered Dynamic Data Ingestion: One of the critical challenges in FP&A is managing and integrating data from multiple sources. AI facilitates seamless data ingestion, providing finance teams with real-time, accurate information across various platforms. This enables businesses to enhance forecasting accuracy and generate dynamic, up-to-the-minute views of financial performance, ensuring better alignment with current business conditions. 
  1. Intelligent Automation: Routine tasks like manual data entry, reconciliations and report generation consume time and resources, diverting attention from high-value activities. AI-driven automation eliminates these repetitive tasks, allowing finance teams to focus on strategic planning, financial analysis and value-added initiatives. By automating routine workflows, organizations can improve efficiency and reduce operational bottlenecks. 
  1. Advanced Analytics: Leveraging AI-powered predictive and prescriptive analytics enables companies to move from reactive decision-making to proactive financial planning. Advanced analytics allows finance teams to anticipate future trends, model potential outcomes and make smarter, data-driven decisions that directly impact business growth. AI not only enhances the quality of insights but also accelerates the decision-making process.
  1. Self-service Reporting: AI-driven, self-service reporting capabilities offer finance teams greater flexibility and independence in generating insights. With user-friendly tools, teams can quickly access and tailor reports to their specific needs without heavy reliance on IT support. This agility empowers finance professionals to provide timely insights to leadership, supporting quicker responses to shifting market conditions. 

To transform FP&A into a Center of Intelligence, organizations must address several challenges and implement strategic solutions:

A table showing the action steps to transform FP&A into a Center of Intelligence.

Dr. Navaraj’s insights provide a clear roadmap for finance professionals looking to modernize their FP&A processes. By leveraging AI across these four key levers, organizations can not only enhance the accuracy of their financial decision-making but also improve agility and responsiveness in a rapidly evolving business environment. AI-driven FP&A solutions are not just a competitive advantage—they are becoming a necessity for companies aiming to stay ahead of the curve. 

By combining human expertise with AI-driven technologies, FP&A teams can deliver more accurate, actionable insights, supporting strategic decision-making and long-term business growth. Read the full report, “4 Levers to Transform FP&A with an AI-augmented Center of Intelligence.”

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