Billie aims to simplify invoicing, financial processes and payments in B2B through digital processes and automation. The fintechs services include classic factoring, automated dunning, and checkout payments for B2B online shops.
The cooperation enables ETL clients to have their outgoing invoices for business customers pre-financed using factoring, meaning the sale of receivables to a financial service provider. 100% of the claim is paid directly to the seller of the receivables. Any costs or fees incurred will be invoiced at the beginning of the following month. Depending on the agreement, Billie also takes on the complete dunning process and contact with the customer.
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