Billtrust

Billtrust

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Claimed

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Overview

Billtrust is an AI-powered accounts receivable automation platform covering invoicing, payments, collections, and cash application. While some users report occasional invoicing issues or performance slowdowns during peak processing, its unified order-to-cash approach accelerates payments, improves cash flow, and reduces financial risk.

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Starting Price
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Billtrust Specifications

  • Financial Reporting
  • Invoice Management
  • Budgeting and Forecasting
  • Bank Reconciliation

Billtrust Features

Intelligent Collections Management

The platform automates the collections workflow by applying predictive analytics to buyer behavior to determine the optimal outreach method. It sends automatic follow-up reminders and dispute management alerts, significantly reducing manual effort and accelerating payments.

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Credit And Risk Automation

Billtrust features the entire B2B credit application and decisioning process. It utilizes automated workflows to quickly approve or deny credit applications while continuously monitoring customer payment risk. This provides deep insights for better financial decisions and reduces risk exposure.

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Electronic Invoicing And Payment Presentment

Billtrust automates invoice generation and delivery via multiple channels (email, print/mail, AP portals), ensuring compliance and faster receipt. It provides a secure, self-service online portal where buyers can easily view, manage, and pay invoices digitally.

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AI-Powered Cash Application

This module utilizes proprietary machine learning models to instantly match electronic and check payments to the correct invoice and account. This achieves high match rates and reduces the need for manual reconciliation, which accelerates cash flow.

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Pros And Cons of Billtrust

Pros

  • AI Cash Application achieves industry-leading match rates

  • Unified platform automates the entire order-to-cash cycle

  • Easy setup and user-friendly portal for customers/dealers

  • Strong automation of invoicing and payment processing

Cons

  • Users report frequent invoicing issues and delivery failures

  • Search function in the portal is often poor/limited

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Frequently Asked Questions

What other apps does Billtrust integrate with?

Billtrust integrates with SAP (ECC & S/4HANA), Oracle ERP, Microsoft Dynamics, NetSuite, and Acumatica.

What language does Billtrust support?

Billtrust supports English language required for global B2B operations.

Does Billtrust offer an API?

Yes, Billtrust software offers an API.

Who are the typical users of Billtrust?

Billtrust is ideal for business services, distribution, equipment, manufacturing, medical, retail, and transportation industries.

Does Billtrust have a mobile app?

Yes, Billtrust offers a mobile app.

What types of pricing plans does Billtrust offer?

Billtrust pricing is customized based on business needs and requirements. You can request a personalized Billtrust cost quote for your business today.

What level of support does Billtrust offer?

Billtrust provides expert-led services for implementation, platform customization, training, and ongoing technical support for its AR platform.