Invoice Cloud

Invoice Cloud

Online electronic bill payment solutions provider

About Invoice Cloud

Simplify's Rating
Why Invoice Cloud is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Fintech

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Braintree, Massachusetts

Founded

2009

Overview

InvoiceCloud provides electronic bill payment solutions that simplify payment processes and improve digital interactions for various clients, including utilities, insurance companies, and government agencies. Their cloud-based platform integrates with existing billing systems, allowing clients to offer a smooth payment experience to their customers. Unlike many competitors, InvoiceCloud focuses on enhancing customer engagement and increasing the adoption of electronic payments, which leads to higher customer satisfaction and better financial outcomes for their clients. The company's goal is to streamline the billing process and make it easier for customers to pay their bills online.

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Simplify's Take

What believers are saying

  • Partnership with POWERCONNECT.AI enhances AI-driven payment solutions for utility clients.
  • POSPay terminals streamline in-person payments, attracting clients seeking integrated solutions.
  • Deposit control feature in Online Bank Direct improves financial management for billers.

What critics are saying

  • Emerging fintech startups pose a threat to InvoiceCloud's market share.
  • Continuous R&D investment is needed to keep up with rapid technological advancements.
  • Dependence on Oracle and SAP partnerships may limit flexibility and increase vulnerability.

What makes Invoice Cloud unique

  • InvoiceCloud integrates seamlessly with existing billing systems for efficient payment processing.
  • The company offers a cloud-based platform enhancing digital interactions for diverse clients.
  • InvoiceCloud's solutions improve customer engagement and e-payment adoption for better financial results.

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Company News

PYMNTS
Feb 7th, 2025
Invoicecloud And Powerconnect.Ai Partner On Ai And Payment Solutions For Utilities

InvoiceCloud and POWERCONNECT.AI have partnered to offer integrated artificial intelligence (AI) and payment solutions for utilities. This collaboration brings together InvoiceCloud’s solution for digital bill payment services and POWERCONNECT.AI’s capabilities as an AI accelerator for the energy and utility industry, the companies said in a Thursday (Feb. 6) press release. POWERCONNECT.AI’s partnerships within the Oracle and SAP ecosystems will allow InvoiceCloud to better support clients who use Oracle, SAP and other customer information systems, according to the release

Business Wire
Jan 14th, 2025
InvoiceCloud Appoints Alice Palmer as Chief Marketing Officer

InvoiceCloud appoints Alice Palmer as Chief Marketing Officer.

Business Wire
Sep 17th, 2024
InvoiceCloud Appoints Jed Maczuba as Chief Technology Officer

InvoiceCloud appoints Jed Maczuba as Chief Technology Officer.

Business Wire
Aug 5th, 2024
InvoiceCloud Honored in 2024 Stevie(R) Awards for Great Employers

"InvoiceCloud is proud to once again be recognized as a great employer in multiple categories.

Business Wire
Jul 23rd, 2024
InvoiceCloud Named a Finalist in The 2024 SaaS Awards

InvoiceCloud named a finalist in The 2024 SaaS Awards.

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