BlackLine Expands Accounts Receivable Automation Solutions with e-Invoice Presentment and Payment (EIPP)
LOS ANGELES, Oct. 10, 2023 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) has unveiled an expansion to its accounts receivable (AR) automation solutions portfolio, introducing e-Invoice Presentment and Payment (EIPP) capabilities. The addition of EIPP comes as a result of the company's acquisition of partner Data Interconnect, a pioneering provider of electronic invoicing software and global compliant invoicing based in the UK.
- (Nasdaq: BL) has unveiled an expansion to its accounts receivable (AR) automation solutions portfolio, introducing e-Invoice Presentment and Payment (EIPP) capabilities.
- BlackLine's AI-powered AR automation platform uses intelligent automation to help customers collect cash faster and unleash working capital.
- "AR automation is a critical component in any modern accounting or digital finance transformation journey," said Therese Tucker, co-CEO of BlackLine.
- Adding our Invoice-to-Cash technology to BlackLine's AR automation platform can deliver even greater functionality and value to customers."