The latest version includes a streamlined user interface and numerous new features designed to simplify the payment process.

"This release of Invoice Gateway is an important step in our overall product strategy. It provides our clients with multiple best-in-breed channels to present invoices and promptly receive roundtrip payments," said Flint Lane, founder and CEO of Billtrust. "Our Product Team continues to focus on ways to improve the connectivity between suppliers and buyers, to help drive higher electronic payment adoption and accelerate the payment process."

Already the EIPP of choice for many of the largest companies in the country, Billtrust's Invoice Gateway provides a secure, integrated SaaS solution to manage invoicing and payment. With Invoice Gateway, users can view and pay bills electronically, download bills into their accounting software, and dispute both line-item charges and whole invoices as needed, all from a secure, brandable online portal.

"Every business can benefit from the speed, accuracy and reduced cost that electronic invoicing and payment provides," said Henry Ijams, Managing Director of PayStream Advisors. "The enhancements in this latest release from Billtrust increase efficiency for both the biller and their customers. We believe Billtrust has the right idea -- finding better ways to connect Accounts Receivable with Accounts Payable."

New features of Invoice Gateway 7.0 include:

An updated user interface with a modernized look and feel,
Enhanced bill organization and filtering capabilities,
A streamlined 3-step payment process,
A more fluid system for communicating invoice disputes, and
Dynamic, built-in tooltips.

"The updated interface improves the experience for our customers, and we are already seeing an uptick in the number of invoices being paid online," said Tina Schneider, Manager, Credit & AR with Medela, one of the world's leading suppliers of breast-feeding, post-natal care and other health ther health care products, who participated in a pilot launch of the new service. "We continue looking to Billtrust to provide enhancements to their services to help us drive online payment activity."