Albertsons is rolling out the TreviPay Pay by Invoice solution to enable business buyers, including small offices, K-12 schools, local government and community organizations and residential programs, to receive a dedicated line of credit for online grocery purchases with 30-day net terms. The Albertsons pay by invoice program includes a self-serve portal to assign spending limits to approved purchasers and real-time tracking of invoices, payments and credit lines. TreviPay’s invoicing program offers the control to customize purchasing hierarchies and the convenience of paying using credit lines, which we know are important to this buyer segment. Through the partnership, stores across Albertsons Cos. banners can automate their acounts receivable processes for business purchases with real-time credit decisioning, electronic invoice generation and payment tracking, with the goals of reducing billing errors and eliminating back-office resources. TreviPay settles funds right away and owns any buyer credit risk. Enabling Albertsons Cos.’ business customers to pay by invoice allows their corporate buyers to make large, repeat orders using their preferred payment method, while retailers eliminate the complexities of accounts receivables and fuel growth.