Vendorin founding team establishes Trancentrix, a venture funded company focused on providing middle-market and large organizations with efficient methods of processing domestic and international electronic payments.

Trancentrix introduces first single-point-of-entry solution for electronic payments ultimately serving hundreds of corporate clients from offices on two continents and delivering 20+ quarters of increasing revenue and profitability.

Trancentrix enters into an agreement with 3M to develop a solution to convert 3M suppliers from receiving payment by check to receiving payment and associated payment remittance details electronically.

Trancentrix introduces market’s first outsourced epayment solution focused on converting suppliers from receiving payment by check to receiving payment and associated payment remittance details electronically.

Trancentrix successfully implements its epayment solution for name brand companies including 3M and Best Buy with a focus on eliminating a substantial majority of check payments at these organizations in favor of more efficient and lower cost electronic payments.

Trancentrix acquired by Ruesch International. Ruesch shifts focus from enabling suppliers for electronic payment to processing cross-border payments. Trancentrix founding team resigns and begins planning to launch Vendorin.

Vendorin is founded in April 2007 with a focus on connecting companies, banks, and 3rd party payment processors with suppliers for the purpose of eliminating B2B check payments in favor of more efficient and lower cost electronic payments.

Vendorin releases beta version of the Vendorin Network and its Electronic Payment Enablement service, implements beta clients, and begins to establish itself as the preferred network for suppliers who are active & aggressive in efforts to encourage more companies to pay electronically.

Vendorin releases V 1.0 of the Vendorin Network and its Electronic Payment Enablement service, implements first non-beta clients including name brand clients such as Firestone and True Value, and sees a surge of growth in supplier profile activations on the Vendorin Network.

Vendorin successfully integrates its supplier network into the treasury applications of top 5 U.S. bank, continues to implement new clients and sees an acceleration of growth in supplier profile activations on the Vendorin Network.