Transactis was named Innovative Receivables Technology of the Year for its leading electronic billing and payment solution, BillerIQ, at the eighth annual PayStream Advisors Innovative Technology awards. The honor is the latest in a long list of recognitions for the company which include the Inc. 500 Award, Deloitte Technology Fast 500 Award, AlwaysOn OnFinance Top 100 Award, Red Herring Top 100 Award, PYMNTS Innovation Award, and being named a ‘Cool Vendor’ by Gartner. Transactis also took top honors for the Association of Financial Professionals’ inaugural Payments Hub Challenge at its annual convention in San Diego last month.
The PayStream Advisors Innovative Technology awards are given to software providers that deliver especially intuitive, progressive solutions for automating financial processes. This year, PayStream’s team of technology experts evaluated over 90 providers, using product demos, customer surveys, and interviews to identify the winners. Transactis’ BillerIQ was given the top receivables honor thanks to its ability to efficiently meet the needs of a diverse range of customers, its comprehensive set of features and functionality, its flexibility and configurability, and its intuitive and easy to use design.
“It is such an honor to win the Innovative Receivables Technology of the Year award from PayStream Advisors,” said Transactis CEO, Joe Proto. “Our entire team is dedicated to offering the best electronic billing and payment technology on the market, and it is great to see our hard work recognized in the industry.”