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 processing (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 processing 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 processing 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 Processing 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.

Todd M. Wiseman, Senior Vice President - Market Development Todd, an Invoice Cloud founder, is a senior executive with more than 23 years of successful sales, management and operational experience in the information technology industry. He has played a leadership role in growing strategic market revenues in three Fortune 500 companies.

Todd was with Google as Manager for the U.S. Federal Civilian government business before joining Invoice Cloud. At Google, he led the sales, client relationship, business development, and partnering strategy for Public Safety & Justice and Healthcare customers in Google’s Enterprise division.

Prior to Google, Todd was Vice President with SAIC where he ran a large consulting & IT services team. Before SAIC, Todd was Vice President at IBM, where he began his career. He held increasing sales, management and executive responsibilities for over 19 years and was a key contributor to growing IBM’s government and public sector business.

Todd has a BS in Mechanical Engineering from Columbia University and a MBA from the Wharton School, University of Pennsylvania, where he was a Fellow in the executive program.