Billtrust CEO Flint Lane Among 25 Most Influential Financial Operations Professionals

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May 17, 2011, 09:00 ET

JAMESBURG, N.J., May 17, 2011 /PRNewswire/ -- Billtrust, the leading outsourced billing provider, today announced that its CEO Flint Lane was named to the list of the 25 Most Influential Financial Operations Professionals. The list, released by the Institute of Financial Operations (IFO) at its recent Fusion 2011 annual conference, recognizes industry leaders whose contributions have made significant impacts on key disciplines of financial operations. Lane's inclusion on the list alongside luminaries ranging from a U.S. Senator to Apple's Steve Jobs, is a testament to his innovative leadership and the impact Billtrust has had on the widespread adoption of strategic billing outsourcing.

Lane was one of 7 individuals recognized in the category of technology companies. According to the IFO the nominees were selected for their current work as catalysts for broad change through challenging traditional business models, creating groundbreaking automated solutions, defining fundamental market shifts, achieving entrepreneurial success, and embracing the changes and technological promise of the emerging financial operations landscape.

Lane founded Billtrust in 2001 after recognizing an untapped market for providing companies with a seamless way of transitioning their paper bills to a full electronic bill presentment and payment solution. Today, Billtrust has over 500 customers across North America including leading companies such as Kraft Foods, PUMA, Toshiba, CDW, New Balance, Under Armour and Tech Data.

"I am truly honored to be recognized among this group of innovators and luminaries," said Billtrust CEO Flint Lane. "I don't see this as an individual award however, I see this as validation of the hard work of our entire organization and the tremendous success we've had driving value for our clients."

Lane's track record of innovation in the payments space is well documented. Prior to founding Billtrust, he created Paytrust which provided a service that allowed individual consumers to receive and pay all of their bills online. Paytrust serviced over 100,000 consumers nationwide and was eventually acquired by Metavante.

Billtrust's success in helping companies across industry sectors drive business value through billing is widely pointed to as a key catalyst of the broader industry adoption of billing outsourcing.

The IFO's Top 25 list considers leaders from all the professions that fall under the umbrella of the association and its affiliate organizations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing & Payables (NAPP), and The Association for Work Process Improvement (TAWPI). For more detail click here: http://www.prweb.com/releases/2011/5/prweb8418315.htm.

About Billtrust

Headquartered in Jamesburg, NJ, Billtrust is a leader in outsourced billing solutions. The company's flagship product and service suite, called CompleteBilling, consists of paper, fax, e-mail and online billing (EBPP, EIPP). In addition, the company provides expert bill design, in-bill marketing services, and an integrated online customer service tool called CustomerCare. These comprehensive tools automate the billing process, enabling businesses to save money, increase productivity, improve cash flow, and seamlessly migrate to electronic delivery. More than 500 companies nationwide rely on Billtrust for their billing needs. For more information, visit Billtrust online at www.billtrust.com.

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SOURCE Billtrust