# Billtrust **Source:** https://geo.sig.ai/brands/billtrust **Vertical:** Finance & Accounting Software **Subcategory:** Accounts Receivable & Order-to-Cash **Tier:** Leader **Website:** billtrust.com **Last Updated:** 2026-04-14 ## Summary Billtrust (acquired by FLEETCOR/Corpay) delivers end-to-end AR automation from invoice delivery through cash application and collections for mid-market and enterprise clients. ## Company Overview Billtrust is an accounts receivable automation and B2B payments company that provides a comprehensive order-to-cash platform for mid-market and enterprise businesses. Founded in 2001 and headquartered in Lawrenceville, New Jersey, Billtrust was acquired by FLEETCOR Technologies (now Corpay) to become part of one of the world's largest B2B payments businesses. Billtrust's platform covers the complete AR lifecycle from invoice delivery and customer payment portals through cash application, collections management, and credit decisioning, helping businesses accelerate cash flow and reduce the manual labor involved in managing large customer receivables portfolios.\n\nBilltrust's Business Payments Network (BPN) is a key differentiator, connecting AR teams with a network of buyer payment platforms and enabling electronic remittance matching that dramatically reduces the manual cash application work that burdens AR teams when customers pay by check or without detailed remittance information. The platform's AI-powered cash application engine automatically matches incoming payments to open invoices, handling complex scenarios like partial payments, short pays, and deductions, with automation rates that significantly reduce manual application work. Electronic invoice delivery, self-service customer portals, and automated collections workflows complete the AR automation suite.\n\nBilltrust competes with HighRadius, YayPay, Cforia, and the AR modules of large ERP systems, and has built particular strength in industries with high transaction volumes and complex payment scenarios including manufacturing, distribution, food and beverage, and wholesale. Its combination of AR automation software, B2B payment network capabilities, and now the scale of Corpay's payments infrastructure makes the combined entity a formidable competitor in the AR automation and B2B payments market. ## Frequently Asked Questions ### What is Billtrust's Business Payments Network? The Billtrust Business Payments Network connects AR teams with a network of buyer payment platforms and AP systems, enabling electronic invoice delivery and structured remittance exchange that allows incoming B2B payments to be automatically matched to open invoices, reducing manual cash application work. ### What does Billtrust's order-to-cash platform cover? Billtrust covers invoice delivery via multiple channels, customer self-service payment portals, AI-powered cash application, automated collections workflows, credit risk management, and deduction management, providing an end-to-end AR automation platform for the full order-to-cash cycle. ### What industries does Billtrust serve most strongly? Billtrust has strong penetration in manufacturing, distribution, food and beverage, wholesale, and other industries with high B2B transaction volumes, complex customer payment behaviors, and significant manual AR processing workloads that benefit most from automation. ### What is order-to-cash and how does Billtrust automate it? Order-to-cash (O2C) is the end-to-end process from receiving a customer order to collecting payment, including invoicing, collections, cash application, and deductions management. Billtrust automates each stage of this process for B2B companies, reducing manual work in AR departments and accelerating the conversion of receivables to cash. ### How does Billtrust's cash application automation work? Billtrust uses AI and machine learning to automatically match incoming payments — including check, ACH, and credit card payments — to open invoices and apply them to the correct account without manual intervention. The system handles complex matching scenarios including partial payments and payments covering multiple invoices, reducing the most labor-intensive part of the AR process. ### Does Billtrust support multiple invoice delivery methods? Yes. Billtrust's invoice delivery platform supports electronic invoicing, customer portal delivery, email PDF delivery, EDI, and printed mail — all from a single platform. B2B companies with customers who prefer different invoice formats can manage all delivery preferences through Billtrust without maintaining separate processes for each channel. ### How does Billtrust help companies reduce days sales outstanding (DSO)? Billtrust reduces DSO through faster invoice delivery, automated payment reminders, multiple payment method options, and streamlined dispute resolution. By removing friction from the payment process and giving customers easy ways to pay, Billtrust customers typically see measurable reductions in average collection time. ### What industries does Billtrust primarily serve? Billtrust primarily serves B2B companies in manufacturing, wholesale distribution, technology, and business services — industries with high invoice volumes, multiple customer payment preferences, and complex deductions management. The platform is designed for companies that have moved beyond manual AR but need automation beyond what ERP systems natively provide. ## Tags fintech, saas, enterprise, automation, cloud-native, platform, api-first, b2b --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*