Billtrust: Accounts Receivable Automation Software

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.

Integrations

• ERP connectors
• Bank and lockbox connections
• AP portals

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.