Billtrust

B2B software for receivables automation, payments and order-to-cash workflows.

Available information varies by company and source.

Profile record updated:

Company facts

Official name
BTRS Holdings Inc.
Entity type
COMPANY
Founded
2001
Headquarters
Lawrenceville, NJ, United States
Company size
501–1,000
Market role
B2B SaaS Provider
Official website
billtrust.com

What Billtrust does

Billtrust provides cloud-based finance software for B2B receivables and payment operations. Its value proposition is to replace fragmented, manual AR processes with an integrated platform spanning invoice delivery, payment acceptance, cash matching, collections, credit workflows and related commerce experiences. Revenue is created through recurring platform subscriptions, payment-flow monetisation tied to transaction activity, and service engagements required to deploy and integrate the platform into customer ERP and finance systems.

Category differentiation

Billtrust is not an adtech, martech or consumer bill-pay brand; it is a B2B finance software and payments company focused on accounts receivable and order-to-cash workflows. It should be distinguished from general AP automation vendors and consumer-facing payment apps.

Strategic context

AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.

Billtrust is a US-based B2B software company focused on automating accounts receivable and adjacent order-to-cash workflows. Its platform covers invoicing, payments, cash application, collections, credit management and a B2B e-commerce layer, with ERP integrations and AI-assisted workflow automation positioned to improve cash flow, reduce manual reconciliation and support finance operations. The company primarily sells cloud software to enterprise finance teams, AR departments, credit teams, treasury functions, distributors and manufacturers. It generates revenue through software subscriptions, payment-related transaction fees and professional services such as implementation, integrations, training and support. Based on the financial evidence provided, Billtrust is currently backed by EQT-affiliated entities rather than operating as an independent public company.

Company news briefing

Briefing updated:

Billtrust has expanded its accounts receivable platform by launching a Buyer Payment Portal and Cash Forecast tool, aimed at improving buyer self-service and providing finance teams with enhanced visibility for liquidity planning. These developments focus on utilising payment behaviour to generate actionable signals for treasury management and cash flow optimisation. Furthermore, the company reinforced its market standing by being recognised as a G2 AR Automation leader for the 21st consecutive quarter.

Business model & monetisation

Billtrust uses a mixed monetisation model led by SaaS subscription licensing for its core accounts receivable platform and modular applications. Pricing varies by product scope, feature depth, transaction volume and enterprise scale. The payments product adds transaction-based economics through payment processing and related take-rates, while implementation, custom integrations, training and support generate additional service-fee revenue. Its B2B e-commerce offering also follows tiered packaging, supporting upsell from core AR automation into broader commercial workflows.

AR platform subscriptions
Software Subscription
Payments processing
Percentage Take-Rate
Implementation and integration services
Service Fee
Training and support services
Service Fee
B2B e-commerce module subscriptions
Software Subscription

Products & capabilities

No products with linked sources are available in this view.

Products & market categories

Competitors & alternatives

  • Pennylane

    Accounting and finance software for SMEs and accounting firms.

  • Tipalti

    Finance automation and global payout software for business finance teams.

  • Tradeshift

    B2B network software for procurement, invoicing and supplier payments.

  • Global Payments

    Merchant payments and commerce software for businesses worldwide.

  • Navan

    Corporate travel, expense, payments, and spend analytics platform.

View all competitors

Recent recorded signals

Dates refer to the source publication. Older entries are historical context, not evidence of a new event.

Explore company relationships

Questions about Billtrust

What is Billtrust?

Billtrust is a B2B software company that automates accounts receivable, payments and related order-to-cash workflows for business finance teams.

Who uses Billtrust?

Its users are enterprise finance, AR, collections, credit and treasury teams, plus distributors and manufacturers using B2B commerce tools.

How does Billtrust make money?

It earns revenue from software subscriptions, payment-processing economics and professional services such as implementation and integrations.

Sources & coverage

This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.

16 publicly documented primary sources and citations linked across the market graph.

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