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Billtrust: Accounts Receivable Automation Software

Billtrust helps businesses manage accounts receivable workflows. It is designed for teams looking to reduce manual work in cash application and collections.

At a glance

Best for
Small and Mid-market Businesses, Enterprise Companies, Finance Managers, Treasury Directors
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
Key use cases
Order-to-Cash Automation, Payment Reconciliation, Collections Management, Credit Application Processing
Integrations
ERP connectors, Bank and lockbox connections, AP portals
Official website
billtrust.com
Screenshot of billtrust website

Billtrust is an accounts receivable (AR) software platform that supports the order-to-cash cycle. It provides tools for invoicing, payment processing, cash application, and credit management, using machine learning for payment matching and behavior analytics for collections.

Key Features

Cash Application

Uses machine learning to match incoming payments to invoices to support reconciliation.

Automated Collections

Uses behavior analytics to send automated follow-ups and payment reminders.

AI Credit Decisioning

Supports credit application processes with predictive data analysis to inform credit decisions.

Multi-channel Invoicing

Supports the delivery of invoices through multiple channels and digital presentment.

Payment Modalities

Provides various payment options and flexible payment policies for customers.

eCommerce Integration

Offers a webstore and mobile application that can update catalogs and inventory in real time.

Use Cases

Order-to-Cash Automation

Supports the process from order placement through final payment collection.

Payment Reconciliation

Matches payments to invoices using machine learning.

Collections Management

Uses behavior analytics to automate reminders for overdue accounts.

Credit Application Processing

Supports the transition from paper-based credit applications to digital workflows.

Best For

Small and Mid-market BusinessesEnterprise CompaniesFinance ManagersTreasury Directors

Integrations

ERP connectorsBank and lockbox connectionsAP portals

Pricing

Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.

FAQ

What does Billtrust do?

Billtrust is an AI-powered platform that helps automate accounts receivable tasks, including invoicing, payment processing, cash application, and collections.

Does Billtrust integrate with other software?

Yes, the platform offers 40+ direct connectors for ERPs, banks, and financial institutions, and integrates with over 260 AP portals.

Who is Billtrust designed for?

It is designed for small, mid-market, and enterprise companies across various industries such as manufacturing, distribution, and retail.

Source category: Finance & Accounting

Source subcategory: Billing & Invoicing

Software Type:

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