Billtrust (NASDAQ: BTRS) provides automated order-to-cash solutions. It offers cash application solutions, e-commerce, invoicing, payments, and more. The company serves transportation, machinery, distribution, manufacturing, medical equipment, technology, legal, and staffing industries. The company was founded in 2001 and is based in Lawrenceville, New Jersey.
Billtrust's Product Videos
ESPs containing Billtrust
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The cash application automation market uses technologies such as robotic process automation (RPA) and AI to streamline and automate the cash application process. Cash application automation enables efficient matching of incoming payments with corresponding invoices, improving accuracy and speeding up the reconciliation process. It also enhances data capture capabilities, enabling businesses to ext…
Billtrust's Products & Differentiators
Billtrust Invoicing automates multi-channel invoice delivery, providing flexible delivery options and enabling organizations to meet customers’ expectations, control costs and accelerate the order-to-cash cycle.
Research containing Billtrust
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Billtrust in 2 CB Insights research briefs, most recently on Oct 26, 2023.
Expert Collections containing Billtrust
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Billtrust is included in 5 Expert Collections, including Fintech 100.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Robotic Process Automation
RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Billtrust News
Nov 28, 2023
News provided by Share this article Share toX New Release Delivers Enhanced AR Visibility, New Days to Pay Index and a Unified User Experience LAWRENCEVILLE, N.J., Nov. 28, 2023 /PRNewswire/ -- Billtrust , a B2B order-to-cash and digital payments market leader, announces a new, easier-to-use interface for its AI-powered accounts receivable (AR) software platform which delivers improved insights and a more holistic view of AR processes to optimize cash flow and improve staff productivity. The new, platform-wide user experience – coinciding with the company's new Moving Finance Forward ™ brand promise and featuring a new Days to Pay Index – maximizes the office of the CFO's ability to achieve a unified order-to-cash operation by: Leveraging data for better analytics and insights. Billtrust now delivers a more panoramic perspective of the entire order-to-cash process, providing valuable insights across the entire enterprise. Maximizing customer satisfaction. The Billtrust platform offers the convenience of accepting multiple payment methods through any available channel, providing more flexibility for customers while gaining more control over their invoice and payment demands. Allowing teams to spend more time on high value projects. When freed from time-consuming manual tasks, teams are now able to focus on more valuable interactions, projects or activities. Billtrust customers will benefit from a more unified experience and a complete, AI-powered view of customers' activity. "The value of analytics and actionable insights for finance teams has never been more important, as CFOs seek a more comprehensive view of their entire business," said Sunil Rajasekar, Billtrust CEO. "Billtrust customers will now benefit from a more unified experience with an AI-powered, complete view of customers' activity across their entire AR process. And as they leverage our unified platform of AR solutions, we can offer more dynamic analytics, presenting them with valuable real-time data and insights to help them make faster, more intelligent and cost-effective decisions." Days to Pay Index Billtrust's new Days to Pay Index is now a part of its Invoicing analytics dashboard. A proprietary benchmark measurement, the Days to Pay Index provides customers with unparalleled insights into their payment collection efficiency, compared against peers within the expansive Billtrust customer base. In addition to providing the ability to identify opportunities to make adjustments to increase cash flow, other key features include: Precision and timeliness. Updated nightly, data is reflective of the chosen timeframe in the user dashboard. Data privacy. All the data employed is anonymized, ensuring data privacy while offering insightful performance metrics. Exclusivity and accessibility. Exclusively for U.S. Invoicing clients, this feature comes at no added costs, emphasizing Billtrust's commitment to adding value. Moving Finance Forward Billtrust's "Moving Finance Forward" brand promise encapsulates the company's commitment to re-engineering the order-to-cash process, simplifying and elevating the customer experience and helping companies achieve financial objectives faster. The new brand campaign will be carried through Billtrust.com and digital media channels, as well as the company's advertising and public relations efforts. "The strength in 'Moving Finance Forward' is both in its simplicity and how it embodies what we set out to do for our customers," said Rajasekar. "We help move finance forward by empowering teams to propel growth, guide and inspire their businesses." In addition, as part of the "Moving Finance Forward" initiative, Billtrust.com now features new, interactive web browsing capabilities allowing customers to easily access real-time information, and a new e-book, Moving Finance Forward with Unified Order-to-Cash , is now available to enable finance teams to learn more about leveraging advanced analytics, AI and automation across their AR processes. About Billtrust Finance leaders turn to Billtrust to control costs, accelerate cash flow and improve customer satisfaction. As a B2B order-to-cash software and digital payments market leader, we help the world's leading brands get paid faster while transitioning from expensive paper invoicing and check acceptance to efficient electronic billing and payments. With over 2,600 global customers and more than $1 trillion invoice dollars processed, Billtrust delivers business value through deep industry expertise and a culture relentlessly focused on delivering meaningful customer outcomes. Media Contact
Billtrust Frequently Asked Questions (FAQ)
When was Billtrust founded?
Billtrust was founded in 2001.
Where is Billtrust's headquarters?
Billtrust's headquarters is located at 1009 Lennox Drive, Lawrenceville.
What is Billtrust's latest funding round?
Billtrust's latest funding round is Take Private.
How much did Billtrust raise?
Billtrust raised a total of $104.47M.
Who are the investors of Billtrust?
Investors of Billtrust include EQT Partners, South Mountain Merger, W Capital Partners, Visa Ventures, KeyCorp and 8 more.
Who are Billtrust's competitors?
Competitors of Billtrust include Silverfin, Plastiq, Tipalti, Cherry, Karta and 7 more.
What products does Billtrust offer?
Billtrust's products include Invoicing and 4 more.
Who are Billtrust's customers?
Customers of Billtrust include Leica Microsystems, Hibbert, Chiquita Brands, Anda and Acushnet.
Compare Billtrust to Competitors
Kyriba is a company that focuses on enterprise liquidity management in the financial services sector. The company offers a range of services including treasury management, risk management, payments processing, and working capital management, all aimed at enabling real-time, intelligent enterprise liquidity decisions. Kyriba primarily serves sectors such as retail, financial services, higher education, healthcare, and manufacturing. It was founded in 2000 and is based in San Diego, California.
ContaAzul offers software-as-a-service accounting and invoicing solutions for small businesses. Its services include quotes by email, contract management, sales management, electronic invoice management, and more. It was founded in 2012 and is based in Joinville, Brazil.
Bench provides digital bookkeeping and tax filing platform for small businesses. The company offers a wide range of services such as monthly bookkeeping, tax advisory, customized bookkeeping plans, and more. It was formerly known as 10Sheet. It was founded in 2012 and is based in Vancouver, Canada.
Dext develops and provides bookkeeping automation software. It creates software to automate accounting processes such as the collection of receipts and invoices for small businesses. Dext was formerly known as Receipt Bank. It was founded in 2010 and is based in London, United Kingdom.
Canopy is an accounting practice management software. It offers services such as client management, document management, practice management, and more. It was founded in 2014 and is based in Draper, Utah.
Cforia Software is a digital transformation partner that operates in the financial technology sector. The company offers an integrated platform that automates and digitalizes the order-to-cash (O2C) process, including collections, disputes and deductions, cash application, and credit. Its services are primarily utilized by global firms in the financial operations sector. It was founded in 2001 and is based in Westlake Village, California.