Rillion, formerly known as Palette Software, will bring its nearly 30 years of experience to the US market to provide a cloud-based solution to simplify and automate invoice management and Accounts Payable processes.
CHICAGO, May 10, 2022 (GLOBE NEWSWIRE) – Global SaaS solution provider Rillion today announced its US launch. Formerly palette software, billions has 3,000 customers and 340,000 users in 50 countries. The solution captures invoice data, processes invoices, matches purchase orders, offers searchable archives, and enables complex approval workflows to increase productivity in finance and accounts payable (AP).
“With the launch of Rillion in the United States, we can help small, medium and large businesses save time and money by minimizing manual labor, while also providing greater transparency to eliminate bottlenecks in payment and billing systems.” said Paul Mullis, President of the Americas at Rillion. “Palette Software has been around for nearly 30 years, putting countless hours and effort into testing and perfecting the software to ensure it meets the needs of finance teams around the world, and we can now bring it to the US with multiple solutions like Rillion.”
The AP industry is rife with vulnerabilities, with an average organization leaking 5% of its revenue for fraud every year. This can often be avoided with sophisticated technology and detailed information on payment systems. Rillion is a new way to prevent and detect fraud applying a company’s metrics, providing visibility and accountability in budgeting and payment systems. At the same time, the cloud-based solution enables AP professionals to keep data centralized and ensure compliance, both in the office and remotely.
“Ardent Partners’ 2022 research shows that digital transformation has become the ultimate goal for more APs and financial leaders in the US and around the world than ever before,” said Bob Cohen, Ardent Partners Vice President of Research. “Rillion, with its proven workflow, PO correspondence and ERP integration capabilities, coupled with its ability to support direct invoice processing, is entering this market at an ideal time and we expect it to have a rapid impact.” .
Rillion currently works in nearly every industry, from agriculture to construction, retail and more. Additionally, Rillion is expanding access to small and medium-sized businesses with Trillion One, formerly Centsoft. Rillion One automates the flow of incoming invoices quickly and easily, making it ideal for a company that may not have a fully dedicated finance department but still has automation and accounts payable needs.
With 150 employees worldwide and 24 employees in North America, Rillion is actively increasing its presence in the United States and establishing the leadership team. Rillion works with 25 partners around the world, including in cities across the United States, to bring the software to a growing number of customers nationwide.
Rillion makes it easier for customers to do more, with less. As an AP Automation expert, Rillion provides the tools to enable financial professionals to transform the way they manage invoices, from data capture and inquiries, to invoice matching and approvals. Rillion comes from over 25 years of experience in providing the best customer service in the industry, resulting in the most efficient billing process and peace of mind for Accounts Payable. To date, Rillion has supported over 3,000 companies in over 50 countries. For more information and to find out more visit www.rillion.com.
Agency for Rillion