Billtrust

Billtrust

Billtrust is an automated invoice-to-payment software that streamlines and manages billing and payments. It enables businesses to optimize cash flow, reduce costs, and improve operational efficiency.
Business & Commerce Billing & Invoicing
Billtrust image
billing invoicing payments cash-flow automation
Billtrust alternatives ➤

Billtrust: Automated Invoice-to-Payment Software

Automated invoice-to-payment software streamlining billing and payments, optimizing cash flow, reducing costs, and improving operational efficiency for businesses.

What is Billtrust?

Billtrust is a B2B payments automation software. It helps businesses improve cash flow, reduce costs, and optimize operations through digital invoicing and automated payments. Billtrust offers several modules:

- Online Invoicing: Send digital invoices instantly, enable dynamic discounting, and receive real-time tracking on invoice delivery and views.

- Payments Processing: Accept and process payments in multiple formats including check, ACH, card, and cash. Apply automated payment routing, reconciliation, and remittance processing.

- AR Automation: Streamline credit and collections with configurable workflows, notifications, and payment plans. Manage deductions, disputes, and risk with integrated AI analytics.

- Cash Application: Match invoices and payments instantly for faster forecasts. Automate deduction research workflow and apply deductions with precision.

- Payment Platform: Use prebuilt integrations with major ERPs, banks, and payment processors to accept electronic payments from multiple sources. Streamline reconciliation with automated matching and intelligent workflows.

Billtrust integrates with major accounting systems and is designed for businesses who want to digitize their accounts receivable and payments. Benefits include lower operational costs, faster payments, improved IT security, and better insights on AR performance. Popular with manufacturers, distributors, and wholesalers.

Billtrust Features

Features

  1. Automated invoice delivery
  2. Payment processing
  3. Cash flow forecasting
  4. Invoice management
  5. Payment reminders
  6. Credit management
  7. Dispute management
  8. Analytics and reporting

Pricing

  • Subscription-Based

Pros

Improves cash flow

Reduces costs

Increases efficiency

Automates manual processes

Customizable platform

Integrates with accounting software

Provides analytics and insights

Cons

Can be complex for smaller businesses

Implementation may require third-party help

Limited free version

Vendor lock-in

Official Links

Official Website
https://www.billtrust.com

The Best Billtrust Alternatives

Top Business & Commerce and Billing & Invoicing and other similar apps like Billtrust

Here are some alternatives to Billtrust:

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Fundbox
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MoonClerk
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Melio
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Bill.com
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Payfunnels
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RentMoola
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