Billtrust
Invoice-to-cash at enterprise scale: $1T+ in annual invoice volume and delivery into 260+ AP portals.
About Billtrust
Over $1 trillion in invoice volume moves through Billtrust annually, on behalf of 2,600+ supplier customers including Staples, FedEx, Coca-Cola, and Saint-Gobain — a scale most of this category does not operate at. The platform is modular. Invoicing delivers across channels into 260+ accounts-payable portals through the Business Payments Network; Payments runs at payment-facilitator scale, with Billtrust describing itself as the fifth-largest B2B payment facilitator globally; Credit automates applications and ongoing risk monitoring; Collections prioritizes accounts with AI built on behavioral data from a 13M+ buyer network; Cash Application applies AI confidence-based matching, with straight-through processing rates that often exceed 90% by the vendor's account; and an ERP-connected eCommerce web store with real-time catalog and inventory sync rounds out the suite, all wired through 200+ connectors into ERPs, banks, and financial institutions.
Lately the emphasis is agentic AI: Billtrust shipped an MCP server it promotes as making it the first AR platform to connect to Claude and Microsoft Copilot. The company has been at this since 2001, when Flint Lane founded it in New Jersey; it went public via SPAC in 2021 as BTRS Holdings, then EQT took it private in December 2022 in a $1.7 billion all-cash deal, and G2 has ranked it an AR-automation Leader for 21 consecutive quarters. Buying it is a sales-led, modular enterprise engagement — no price list, no self-serve trial, deals scoped by module mix and the invoice and payment volume you bring. If your receivables problem involves millions of invoices and dozens of AP portals, this is one of a handful of platforms operating at that scale.
Pricing
- Model
- Paid
- Starting price
- Custom quote
- Notes
- No published pricing; sales-led and modular — deals are scoped by which modules (invoicing, payments, cash application, credit, collections, eCommerce) and what invoice/payment volume you bring. Demo-first sales process, no free tier or self-serve trial.
Key Features
- Multi-channel invoice delivery into 260+ AP portals via the Business Payments Network
- AI-powered cash application with confidence-based matching (vendor cites straight-through processing often exceeding 90%)
- AI-guided collections prioritization using buyer behavioral intelligence
- Automated credit applications and ongoing credit risk monitoring
- Integrated B2B payment processing at payment-facilitator scale
- ERP-integrated eCommerce web store with real-time catalog and inventory sync
- 200+ ERP/bank connectors and an MCP server connecting AR data to Claude and Microsoft Copilot
Platforms
- Web
- API
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From the vendor
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Listing last updated: August 28, 2026