Direct Insite Corp.

Direct Insite Corp.

Sector: Prepackaged Software Region: FL, United States

: | OTC Markets: DIRI

Direct Insite Corp. delivers cloud-based e-invoicing solutions for Accounts Payable, Accounts Receivable and Payments automation. Since 2001, Direct Insite has built a track record in automating some of the most demanding financial environments, including the shared services organizations of Fortune 3000 companies. Today, over 350,000 suppliers and customers use our e-invoicing network across 100+ countries (representing more than 35 currencies and 17 languages). Direct Insite’s Invoices On-Line™ (IOL) suite simplifies AP and AR processes such as: electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement, invoice processing and validation, line-item matching, approval routing, invoice consolidation, dispute management, e-payment processing, and reporting and analysis. To learn more, visit

Investor Calendar


Matthew E. Oakes, President, Chief Executive Officer and Director
Matthew Oakes is President, Chief Executive Officer, and a Director of Direct Insite. Mr. Oakes was elected to the Direct Insite Board of Directors on May 21, 2012. He was appointed to the position of Chief Executive Officer on May 25, 2011 and has served as President since March 2009. Prior thereto he held the position of Executive Vice President and Chief Operating Officer from August 2006, and Executive Vice President of Client Services since November 2002. Prior to his joining Direct Insite, Mr. Oakes served for three years as the Chief Operating Officer for Direct Media Networks, a New York based e-commerce and technology company. He held executive management positions in Westinghouse Communities Inc., including Managing Director of Operations. Mr. Oakes received a Juris Doctorate of Law from Nova Southeastern University and a Bachelors Degree in Business from Cornell University.
Lowell Rush, Chief Financial Officer, Treasurer & Secretary
Lowell Rush is Chief Financial Officer, Treasurer and Secretary of Direct Insite.

Mr. Rush has 35+ years of experience, primarily in financial management and operational development. He is experienced in strategic planning and implementation, SEC compliance and reporting, cost reduction and avoidance, and corporate development.  He plays a key role in leading Direct Insite’s financial organization as the company continues to execute upon its growth strategy and explore new strategic opportunities.

Prior to joining Direct Insite, Mr. Rush held positions as Chief Operating Officer of Cosmetic Dermatology, Inc., and CFO of Little Switzerland, Inc., in addition to various financial management roles at Sunglass Hut International and Burger King Corp. He began his career with Big-4 firms Ernst & Young and Deloitte & Touche.

Mr. Rush is a Certified Public Accountant with a Bachelor of Science degree in Accounting from the State University of New York at Buffalo, and holds an Executive Masters of Business Administration degree in International Business from the University of Miami.
Jim McShea, Executive Vice President of Sales
Jim McShea is Executive Vice President of Sales for Direct Insite.

Mr. McShea brings over 30 years of experience in sales and marketing from both emerging growth companies and Fortune 500 corporations. He plays an integral role in further enhancing and expanding the company's sales presence across our direct and channel partner sales programs as well our new business development programs.

Prior to joining Direct Insite, Mr. McShea was SVP & General Manager for Transcentra, Inc., a leading provider of billing and payment software and services, where he managed the System Solutions Group. Prior to Transcentra, he served as the Chief Revenue Officer for 3i Infotech, Inc. (formally J&B Software and Regulus Group), managing the in-house and outsource sales and marketing teams. Throughout his career, Mr. McShea has been recognized for his consistent track record for success in various sales and channel management roles with Unisys Corporation and Bell+Howell.

Mr. McShea received his Bachelors Degree in Business from Delaware Valley College in Pennsylvania.

News & Analysis