Going Green with Paperless Billing

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Paperless billing is being adopted at a faster pace than ever because of the benefits it provides to all parties. The biller achieves cost reductions while their customers enjoy the convenience of receiving bills electronically. Best of all, paperless billing has significant benefit to the environment. Billtrust™, a leader in outsourced billing, has been recognized by Plant a Tree USA™ with the Great Green Business Award for their success in converting customers to eBilling. Over the past year, many Billtrust customers have more than doubled their e-Adoption Rate. Not only does this deliver cost savings, it also has a positive impact on the environment.

It is very important that Billtrust operate with integrity and social consciousness. These principals play a part in the value we deliver to our customers and to ourselves. We are proud of what we do each and every day to help the environment and appreciate the recognition by Plant a Tree USA.

Billtrust, a leading provider of outsourced billing services, helps companies achieve cost and productivity savings with a unique approach to the billing process. Businesses use their services for the presentment and delivery of billing documents via both paper and electronic methods. Billtrust helps their clients migrate their customers from paper to electronic billing resulting in cost reductions as high as 75% on the delivery of a bill.

Over the past year, many Billtrust customers have more than doubled their e-Adoption Rate. Not only does this deliver cost savings, it also has a positive impact on the environment.

Billtrust offers many different ways for a bill to be sent beyond U.S. Mail, such as Email, Fax, and web (known as EIPP and EBPP). They work closely with their customers to identify the preferences of the bill recipient and then send the bill based on this preference. The result is a reduction in not just paper, but envelopes, stamps, and fuel.

Billtrust teamed up with Plant a Tree USA to run a special program whereby they reward customers working hard to drive e-Adoption. As these companies achieve ten points of e-Adoption growth, Billtrust has a tree planted in their name. Based on Billtrust's success, Plant a Tree USA awarded them the Great Green Business Award.

In presenting Billtrust with the Great Green Business Award, Plant a tree USA's CEO Cindy Katz said, "Billtrust is a business to emulate. They are acting on an extremely simple but effective idea. Just look at the environmental impact they're making and how many trees they save!"

Flint Lane, CEO at Billtrust added, "It is very important that Billtrust operate with integrity and social consciousness. These principals play a part in the value we deliver to our customers and to ourselves. We are proud of what we do each and every day to help the environment and appreciate the recognition by Plant a Tree USA."

According to Cliff Nehamen, Credit Manager at B&K Electric, a leading electrical distributor in Northern California, "Our eBilling participation in early 2007 was a meager 6.3%. As we close out June 2008, I am pleased to say we are at 29%. Billtrust helped us achieve these results, which are great for our business, our customers, and the environment. My company is proud to have played a part in helping Billtrust be recognized with the Great Green Business Award."

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 and e-mail billing as well Invoice Gateway, a hosted electronic bill presentment and payment (EIPP) site. 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 250 companies nationwide rely on Billtrust for their billing needs. For more information, visit Billtrust online at http://www.billtrust.com.

About Plant a Tree USA™
Plant a Tree USA™ is planting 18 billion trees, educating millions of people and a partner in the United Nations Billion Tree Campaign. CEO and Founder, Cindy Katz, was invited to speak at the United Nations Environmental Program last month. Plant a Tree USA™ also runs training seminars and courses to help businesses become more environmentally conscious while protecting their bottom line.

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Mitchell Rose
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