North American outsourced billing firm Billtrust, has announced a strategic merger with Best Practice Systems, a provider of end-to-end billing solutions. Together, the two companies offer a comprehensive mix of billing services that span over two dozen industries across North America.
“Billtrust and Best Practice Systems are a great fit,” noted Flint Lane, Billtrust CEO and President. “Our customer bases are diverse, spanning different market segments and billing needs. Our joint electronic offerings will place us in a commanding position within the industry. Most of all, Best Practice Systems shares our unwavering commitment to customer service. Together we expect to provide even greater level of service to our current and prospective customers.”
Billtrust, founded in 2001, provides outsourced billing solutions in the U.S., with a strong presence in the business-to-business (B2B), business-to-consumer (B2C), municipality and utility markets. Best Practice Systems, founded in the same year, has forged a position within the B2C realm, particularly in the insurance and healthcare industries. Its strengths include complementary billing solutions involving payments over mobile devices and IVR (Interactive Voice Response).
“The combination of Best Practice Systems and Billtrust will clearly result in increased service offerings,” noted Clint Waite, CEO of Best Practice Systems. “Our two companies share the same values and are committed to driving electronic billing and payment within our customer base. Moreover, we are two of only a handful of providers that deliver the complete value proposition including print and electronic billing.”
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