The Problem

Companies around the world are feeling the pressure to enhance cash flow, reduce costs and become more environmentally friendly. The process of preparing, printing, mailing and collections associated with traditional paper invoicing and check processing is slow, costly, lacking in accountability and environmentally unfriendly. Accounting software makers generally include a module that allows their customers to create and print invoices for their customers. Now these software companies can partner with Invoice Cloud to enable their customers to move toward the lower cost, cash flow enhancing and environmentally friendly method of electronic invoice presentment and payment (EIPP).

The Invoice Cloud Solution

Invoice Cloud has been formed by senior executives from the electronic payment and information technology industries to provide web based, integrated electronic invoice presentment and payment in partnership with business software companies and their resellers that wish to provide this service to their customers.

Our Mission

Invoice Cloud partners to provide simple, secure web based electronic invoice presentment and payment solutions that reduce costs, speed payments and help the environment.

Our Executive Management Team

Robert P. Bennett, Chief Executive Officer Bob, an Invoice Cloud founder, created the initial vision for Invoice Cloud as the leading web based provider of Electronic Invoice Presentment and Payment partnerships.

Prior to Invoice Cloud, Bob served as President of Sage Payment Solutions, a multifaceted electronic payment company with over $300 million in annual billings. He spent nearly seven years as a senior manager of Sage Payment Solutions and its predecessor companies (Verus Financial Management and Network 1 Financial). Under Bob's leadership the company sustained strong growth in revenue and earnings while augmenting its indirect selling channel with a direct sales force that spans the country.

Prior to joining NET1, Bob was President of MIC, Inc. a systems integration company based in Arlington, VA. Before MIC, he was a founder and CEO of MicroFridge, Inc., an Inc. 500 award-winning, business-to-business entity with primary markets of College, Military, Hospitality and Senior living environments.

Bob has been awarded two US patents and is part of an inventing team awaiting review on another. He has a Masters degree in Engineering from Northeastern University, a Bachelors degree in Applied Mathematics from the University of Maine and has completed the Harvard Business School Owner President Management (OPM) program.

Robert M. Lapides, Executive Vice President Bob, an Invoice Cloud founder, is a successful senior executive with more than 25 years of sales, sales management and operational experience in the software, SaaS and consulting services marketplaces. He played a key role in building three companies that were either sold or had successful initial public offerings.

Prior to Invoice Cloud, Bob was the Executive Vice President of Field Operations at Black Duck Software, a global provider of products and services that manage the use of open source and third-party code. He led the sales, professional services and business development teams responsible for driving the rapid worldwide growth of the business.

Prior to joining Black Duck, Bob was Corporate Executive Vice President and General Manager, Enterprise Division, of Ardence Software, a company that developed a Software-Streaming solution and an Embedded OEM Development Platform. He led the high growth Software-Streaming solution Division and ensured a smooth transition after the sale of the business to Citrix Systems. Before Ardence/Citrix he was the SVP Sales and Services for EnvoyWorldWide (56% annual growth), a SaaS provider of interactive notification solutions for the delivery of time-sensitive notifications. Prior to Envoy he was a member of the executive management team at i-cube, helping bring the consulting services firm public before its subsequent sale to Razorfish, another public company.

Bob has a BS in Management from Boston College.

John M. Morabito, Chief Technical Officer John, an Invoice Cloud Founder, has been serving as the Chief Technology Officer for the company since inception. His extensive information technology and payment processing experience was critical to the design of the Invoice Cloud product offering, architecture and the infrastructure to support it.

John spent the previous 18 years in the payment processing industry. He was the second employee of Network 1 Financial, an electronic payment processing company, which merged with Verus Financial Management, grew to over $300 million in annual billings and was ultimately purchased by Sage Software and renamed Sage Payment Solutions. John was the Senior Vice President of Information Technology at Sage Payment Solutions

Prior to Sage, John was in the mortgage banking business for two years, and prior to that played baseball for the Chicago White Sox.

John has a BS in Sociology from Wake Forest University.

Kelton Averyt, Senior Vice President - Software Development Kelton, an Invoice Cloud Founder, is a successful development team leader and entrepreneur with two decades of eCommerce, ACH, Integration and Credit Card Processing experience. Kelton’s blend of electronic payment, architecture, development, integration and accounting experience was critical to the design and development of the Invoice Cloud product, architecture and infrastructure.

Prior to Invoice Cloud, Kelton was the Vice President of Software Development at Sage Payment Solutions, a division of Sage Software, N.A. At Sage Payments, Kelton was responsible for all web applications, gateway operations, and all internal and external software applications.

Prior to Sage Payments, Kelton was one of the principals of Secure Payment Technologies, Inc. which developed one of the first eCommerce gateway platforms on the internet for Credit Card and ACH Processing in the mid 1990's. Secure Payment Technologies, Inc. was acquired by the predecessor organization to Sage Payment Solutions.

Kelton has a BS in Accounting and Information Systems from the University of Texas at San Antonio.

Deborah Bowler, Vice President of Operations Deborah, currently serves the VP of Operations for Invoice Cloud. She is responsible for the daily management of Invoice Cloud’s growing portfolio including Customer Support, Partner Support, Project Management, and Implementation. Deborah is a Certified Professional (CPP) in the payments industry with more than 15 years of merchant acquiring and processing experience.

Prior to Invoice Cloud, Deborah was the Vice President of Operations at Payment Express Systems. During her tenure with PES she developed numerous programs, processes and realigned resources to provide increased efficiency, customer satisfaction and profitability.

Prior to joining Payment Express Systems, Deborah was the Vice President of Project/Product Management & Compliance for Sage Payment Solutions. During her tenure at Sage, she played a key role in helping Sage Payment Solutions, Inc. evolve into an industry leader.

Deborah has a BA in Administration of Justice from the California State University, Sacramento.

Sam Evrard, Vice President Sales Sam is responsible for growing Invoice Cloud’s portfolio of new clients in the eastern region and managing certain key strategic business partnerships. Sam has over 23 years experience in municipal sales and implementation of integrated billing and management solutions.

Prior to Invoice Cloud, Sam was the National Product Manager for Northern Data Systems, a leading provider of innovative management software for government, medical, utility and credit union applications. During his time with Northern Data Systems he was responsible for the management of their Municipal and Utility markets. Sam was actively involved in the marketing, sales and the product development team for these markets.

Sam has a B.A. in International Affairs/Political Science from the University of Maine.

Renee Chenue, Vice President of Marketing Renee joined Invoice Cloud in 2010 to develop the marketing programs necessary to support the strategic vision of the “easiest to use EBPP service” on the market. As a customer-centric marketeer, Renee created marketing tools to empower Invoice Cloud clients and aid them in communicating the benefits of online billing and payment to their customers. As VP, she is also responsible for marketing strategy, planning and budgeting, brand image, corporate communications including the design, production and implementation of marketing collateral and campaigns, advertising and tradeshow activities.

Before joining Invoice Cloud, Renee served as Vice President of Marketing for Sage Payment Solutions, an electronic payment company with over $300 million in annual billings. Her responsibilities included annual marketing plans and budgets, managing cross-sell opportunities with other Sage divisions, defining markets, competitive analysis, market analysis, coordinating trade shows, producing sales materials, implementing direct mail and email campaigns, and advertisement design and placement. Prior to 2001, Renee managed marketing activities for Merchant-link, Inc., a tier 3 help desk organization that specialized in Micros cash register systems.

Renee received her Bachelors degree from Towson State University, MD.