New invoicing solution offers flexible payment terms and credit lines for corporate shoppers
Highlights:
- Albertsons collaborates with TreviPay to introduce a pay-by-invoice program for business buyers, including small offices, schools, and government organizations.
- The program provides a dedicated line of credit with 30-day net terms, allowing businesses to manage cash flow efficiently.
- TreviPay’s invoicing system automates accounts receivable with real-time credit decisioning, electronic invoice generation, and payment tracking.
Summary:
Albertsons Companies has partnered with TreviPay to launch a pay-by-invoice program designed for business buyers. This initiative enables corporate shoppers—including small offices, schools, and government organizations—to access a dedicated line of credit with 30-day net terms for online grocery purchases.
The program features a self-serve portal where businesses can assign spending limits, track invoices, and manage payments seamlessly. By automating accounts receivable processes, TreviPay helps Albertsons streamline financial operations while offering business customers greater flexibility in managing their cash flow.
