PayTrace is thrilled to announce our partnership with Chrometa, an innovative, hands-free, automatic time tracking and invoicing platform. Chrometa's powerful time tracking automation works on any device, and automatically allocates tracked time to the right clients and projects, helping to monitor time, budgets and invoicing.
For professionals who bill by the hour, like lawyers, accountants, freelancers, and more, Chrometa works in the background to automatically track and allocate time spent on tasks, emails, documents, and websites, ensuring you get paid for every minute worked, and eliminating the need for manual timers or note taking.
"Our mission has always been to make life easier for professionals by automating tedious, manual tasks, “ said Chihab Bahhadi, CTO for Chrometa. “By integrating with PayTrace, we are taking this to the next level. Now, every accurate time entry and invoice can be effortlessly converted into a paid transaction, providing our customers with a complete and powerful solution from start to finish."
Chrometa’s dedication to helping professionals maximize their productivity and revenue wonderfully complements the PayTrace focus on helping businesses reduce manual steps to get paid faster.
"We are incredibly excited to partner with Chrometa, a company that shares our commitment to simplifying complex business processes," said Jeremy Boogaart, VP of Product for PayTrace. "This collaboration addresses a critical need for connecting the front-end work of time capture with the back-end reality of managing collections. Together, we are providing a solution that not only saves time and money but also strengthens the financial health of our clients."
From Billable Hours to Paid Invoices and Beyond
This partnership creates a seamless, end-to-end solution for businesses, turning real-time tracking into paid invoices with incredible ease. Beyond knowing who paid and when, customers will also benefit from:
- Simplified PCI Compliance: All sensitive payment information is handled with the highest level of security on PayTrace's PCI DSS compliant platform.
- Reduced Payment Processing Costs: With PayTrace's expertise in Level 2 and Level 3 interchange optimization, payments made with commercial credit cards can qualify for lower processing rates and comply with Visa’s CEDP requirements, saving a significant amount of money with every transaction.
- Accelerated Accounts Receivable (AR): By combining Chrometa's automated invoicing with PayTrace's Trace AR solution and secure payment links, businesses can send accurate, billable invoices via email or online portal with a click-to-pay option. This accelerates the payment process, reduces Days Sales Outstanding (DSO), and improves cash flow.
- Time to Cash in One Workflow: No more manual data entry between systems. Time tracked in Chrometa will seamlessly translate into invoices and payment requests powered by PayTrace, dramatically reducing administrative work and human error.
- Enhanced Customer Experience: Clients will appreciate the professionalism and convenience of a fully automated billing process. The ability to pay quickly and securely online—often directly from an email invoice—provides a superior and frictionless payment experience.
Get started today
For help in getting started, contact Chrometa or our B2B payment experts to get started today.
