BNET Industries

Market Cap:$8.5M
Last Fiscal Year Sales:$9.6M
  • Public
  • US
Dow Jones Description

Direct Insite Corp. is an application services provider and global leader in electronic invoice compliance management and workflow optimization that automates both inbound Accounts Payable and outbound Accounts Receivable invoicing processes.

CEOJames Cannavino
Number of Employees 39
Contact Information

80 Orville Dr

Bohemia, New York 11716

www.directinsit...

(631) 873-2900

NAICS Code Computer Systems Design Services: 541512

Recent Events

  • Direct Insite Corp.: Grey Group Signs Multi-Year Contract With Direct Insite for Supplier e-Invoice Enablement...

    6/10/09 - Joint Venture / Alliance - View Story

  • Direct Insite Corp.: Direct Insite Announces First Quarter 2009 Results

    5/13/09 - Financial Announcement - View Story

  • Direct Insite Reports 2008 Year End Results

    3/26/09 - Financial Announcement - View Story

  • Direct Insite names new president

    3/26/09 - Mgmt. Change Entering - President - View Story

  • Siemens Shared Services Inks Contract with Direct Insite for Supplier Electronic Invoice Enablement Services.SUBJECT CODE04006003

    2/04/09 - Joint Venture / Alliance - View Story

News & Analysis

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direct insite corp. - All News and Analysis

  • Grey Group Signs Multi-Year Contract With Direct Insite for Supplier e-Invoice Enablement Services and Accounts Payable Automation

    - 2009-06-10

    Direct Insite Corp. (OTCBB: DIRI), a globalprovider of Accounts Payable and Accounts Receivable automation services,today announced Grey Group has signed a multi-year contract with DirectInsite to enable electronic supplier invoice processing. Direct Insite's supplier on-boarding and enablement services will enableGrey's suppliers to submit electronic invoices and supporting documentationsignificantly reducing manual...

  • Direct Insite Announces First Quarter 2009 Results

    - 2009-05-13

    Direct Insite Corp. (OTCBB: DIRI), a globalSaaS provider of financial supply chain automation across procure-to-pay,order-to-cash, and shared services business processes, today announcedfinancial results for the quarter ended March 31, 2009. Revenue for thethree months ended March 31, 2009 increased $340,000 (17.4%) to $2,294,000compared to revenue of $1,954,000 for the...

  • INTTRA Signs Multi-Year Contract With Direct Insite Corp.

    - 2009-05-04

    Direct Insite Corp. (OTCBB: DIRI), a globalprovider of electronic invoicing services for Accounts Payable and AccountsReceivable automation, today announced it has signed a multi-year contractto provide its eBilling and electronic invoice delivery services to INTTRA. INTTRA is one of the world's largest ocean industry e-commerce platforms,responsible for processing over 175,000...

  • Direct Insite Reports 2008 Year End Results

    - 2009-03-26

    Direct Insite Corp. (OTCBB: DIRI), a globalSaaS provider of financial supply chain automation across procure-to-pay,order-to-cash, and shared services business processes, today announcedfinancial results for the year ended December 31, 2008. Net income was$4,181,000 for the year ended December 31, 2008, up $2,081,000 compared tonet income of $2,100,000 in 2007....

  • Direct Insite Appoints Matthew Oakes as President

    - 2009-03-24

    Direct Insite Corp. (OTCBB: DIRI), a globalSaaS provider of financial supply chain automation across procure-to-pay,order-to-cash, and shared services business processes, today announced thatMatthew E. Oakes has been appointed President. Mr. Oakes previouslyserved as the Company's Executive Vice President and Chief OperatingOfficer and prior to that as EVP Client...

  • Direct Insite Achieves Visa and Payment Card Industry (PCI) Certification

    - 2009-02-17

    Direct Insite Corp. (OTCBB: DIRI), a globalprovider of electronic invoicing and e-Payment services for AccountsPayable and Accounts Receivable automation, today announced it has achievedPayment Card Industry PCI Data Security Standard DSS certification fromthe PCI Security Standards Council and Visa. Visa's certification of Direct Insite acknowledges our commitment tosecurity by meeting...

  • Direct Insite Corp signs multi-year contract with Siemens

    - 2009-02-03

    TELECOMWORLDWIRE-3 February 2009-Direct Insite Corp signs multi-year contract with SiemensC1994-2009 M2 COMMUNICATIONS LTD http://www.m2.com Direct Insite Corp (OTCBB:DIRI.OB), a provider of accounts payable and accounts receivable automation services, declared yesterday (2 February) that a new multi-year contract has been signed by the company with Siemens, to allow supplier...

  • Siemens Shared Services Signed Multi-Year Contract with Direct Insite for Supplier Electronic Invoice Enablement Services

    - 2009-02-02

    BOHEMIA, N.Y. -- Direct Insite Corp. (OTCBB:DIRI), a global provider of Accounts Payable and Accounts Receivable automation services, today announced Siemens has signed a new multi-year contract with Direct Insite to enable supplier electronic invoice processing. Direct Insite's supplier on-boarding and enablement services promote awareness and training to...

  • Direct Insite Announces Sales of $6,810,000 and Net Income of $3,721,000 for the Nine Months Ended September 30, 2008

    - 2008-11-13

    BOHEMIA, N.Y. -- Direct Insite Corp. (OTC BB:DIRI.OB), a global provider of financial supply chain automation across Procure-to-Pay and Order-to-Cash business processes, today announced financial results for the three and nine months ended September 30, 2008. Net income was $418,000 for the quarter ended September 30, 2008 compared to net...

  • Carlson Implements Direct Insite's Electronic Invoicing Services

    - 2008-09-03

    BOHEMIA, N.Y. -- Direct Insite Corp. (OTC BB:DIRI.OB), a global provider of Accounts Payable and Accounts Receivable automation services, today announced a multi-year contract to provide services across Carlson's multiple lines of business. "Direct Insite's electronic invoice offerings will provide significantly reduced invoicing costs and improved customer satisfaction...

Decision Makers

Name (plus bio) Position
James Cannavino CEO
Matthew E. Oakes President
Arnold Leap Executive.Vice President & Chief Technology. Officer
Ettinger Matthew Chief Operating Officer
Michael Beecher Chief Financial Officer
Thomas C Lund Executive Vice President and Chief Operating Officer
Christopher R. Cauley Executive Vice President Sales & Marketing
Warren Wright Executive Vice President, Marketing
Anthony Coppola V.P. Program
Michael Levin Managing Director, Metropolitan Venture Partners
Carla Steckline Attorney General for the State of Kansas

Board of Directors

Name (plus bio) Position
Bernard Puckett Chairman
Dennis J Murray Chairman
Carla J. Stovall Board of Directors
Peter Yunich Board of Directors
Organization Position Status
Direct Insite Corp. CEO Current
Manakoa Corporation Current
Direct Insite Corp. Chairman of the Board Current
1-800-Flowers.com, Inc. Board of Directors Current
Verio Inc. Board of Directors Current
National Center for Missing and Exploited Children Board of Directors Current
Surfcast Inc Board of Directors Current
Perot Systems Corporation CEO Former
Cybersafe Limited Chief Executive Officer Former
Perot Systems Corporation President Former
Cybersafe Limited President Former
Perot Systems Corporation Chief Operating Officer Former
International Business Machines Corporation member Former
Cybersafe Limited Chairman of the Board of Directors Former
Softworks LLC Non-Executive Chairman Former
Organization Position Status
Direct Insite Corp. President Current
Direct Insite Corp. Executive Vice President & Coo Current
Direct Insite Corp. Director of Business Operations, Quality Assurance, Contracts and Administration Current
Nova Southeastern University Jd Degree Former
Organization Position Status
Direct Insite Corp. Executive.Vice President & Chief Technology. Officer Current
Organization Position Status
Direct Insite Corp. Chief Operating Officer Current
Organization Position Status
Direct Insite Corp. Chief Financial Officer Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current
FiberCore, Inc. Chief Financial Officer Former
FiberCore, Inc. Treasurer Former
University of Connecticut Former
Organization Position Status
Direct Insite Corp. Executive Vice President and Chief Operating Officer Current
Organization Position Status
Direct Insite Corp. Executive Vice President Sales & Marketing Current
Direct Insite Corp. Vice President of Business Development Current
American Management Systems, Inc. Principle Project Manager Former
Avolent Inc Senior Manager Former
American Management Systems, Inc. Solutions Analyst Former
Virginia Polytechnic Institute and State University Bachelor of Science Degree In Business Administration Former
Organization Position Status
Direct Insite Corp. Executive Vice President, Marketing Current
Organization Position Status
Direct Insite Corp. V.P. Program Current
Organization Position Status
Metropolitan Venture Partners Managing Director Current
Direct Insite Corp. Managing Director, Metropolitan Venture Partners Current
Direct Insite Corp. Member of the Board of Directors Current
Groundsure Limited Board of Directors Current
Metropolitan Venture Partners Board of Directors Current
Wharton Graduate School of the University of Pennsylvania Former
Organization Position Status
Direct Insite Corp. Attorney General for the State of Kansas Current
Direct Insite Corp. Member of the Board of Directors Audit Former
Organization Position Status
Direct Insite Corp. Chairman Current
Openwave Systems Inc. Director Current
Skilled Healthcare, LLC Board of Directors Current
Direct Insite Corp. Board of Directors Current
IMS Health, Inc. Board of Directors Current
Application Solutions Group General Manager Former
Application Solutions Group Founder Former
Issc Founder Former
Mtel, Inc. Former
Openwave Systems Inc. Chairman of The Board Former
Intelligentz Corp Chairman's Advisor Former
The Software Company, Inc. Director Former
University of Mississippi Bachelor of Science Degree Former
Organization Position Status
The McCann Foundation, Inc Director & V.P Current
Direct Insite Corp. Chairman Current
Direct Insite Corp. Board of Directors Current
The McCann Foundation, Inc Board of Directors Current
Franklin and Eleanor Roosevelt Institute Board of Directors Current
Organization Position Status
Direct Insite Corp. Board of Directors Current
Organization Position Status
Direct Insite Corp. Board of Directors Current

Executive News

  • Direct Insite Corp.: Grey Group Signs Multi-Year Contract With Direct Insite for Supplier e-Invoice Enablement Services and Accounts Payable Automation

    Market Wire - 6/10/09 - View Story

  • Grey Group Signs Multi-Year Contract With Direct Insite for

    Market Wire via MSN Money - 6/10/09 - View Story

  • Grey Group Signs Multi-Year Contract With Direct Insite for Supplier e-Invoice Enablement Services and Accounts Payable Automation

    Marketwire via Yahoo! - 6/10/09 - View Story

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     DIRI $0.25 0.00 (0.00% )
Average Volume 876
Shares Outstanding 10.69M
Market Cap 2.7M
Year High 1.5
Year Low 0.2
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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