Billtrust

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.

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.