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Billtrust

Brand: Billtrust

  • 4.0

  • 3 Ratings

Billtrust is an AI based accounts receivable software application to manage invoicing, payments, collections, and cash flow.

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Billtrust Software Overview

What is Billtrust?

Billtrust is an innovative AI- based platform designed to manage the accounts receivable (AR) processes for optimizing cash flow for businesses. It acts as a single platform that unifies payment processing tasks, invoicing tasks, cash applications, and collection processes for better financial management. It digities accounts receivable processes and enhances accuracy of financial records and operations. It automates routine tasks of accounts receivable and provides a user-friendly interface to allow businesses to easily manage and monitor their AR processes.

Billtrust offers powerful features, like AI-based invoicing, which automates billing making bills accurate and timely. Its credit management feature provides data insights on helping businesses to make better credit decisions. Its payment solutions provide multiple channels for customers to pay quickly, improving collection. The software cash application feature uses AI to optimize payment matching. Its collections management tool sends automated reminders and follow-ups, to get timely overdue payments for better collections. In this way this tool helps in increasing cash flow and reduces Days Sales Outstanding.

Why choose Billtrust Account Receivable Software?

  • Automated Invoicing: Uses artificial intelligence to digitize billing processes, reducing manual errors, ensuring faster, accurate invoicing.
  • Payment Solutions: It offers multiple payment channels, allowing customers to pay quickly, increasing collection times and reducing accounts receivable delays.
  • Credit Management: Make informed credit decisions with detailed financial data insights, reducing financial risks and making better credit decision-making.
  • Cash Application: It uses AI-powered payment matching to optimize cash application, minimizing manual work, and ensuring accurate payment reconciliation.
  • Collections Automation: Automates the collection reminders and follow-ups to customers thus reducing overdue payments, and accelerating collections.

Benefits of Billtrust

  • Faster Payments: It helps to automate invoicing and collections, speeding up the payment cycle and improving cash flow.
  • Better Accuracy: It digities the accounts receivable process and reduces manual errors through automation, generating correct invoices.
  • Better Efficiency: Helps to smoothly manage AR processes from single interface freeing up staff to focus on higher-value tasks and strategic goals.
  • Better Cash Flow: Helps to optimize collections and payment applications, resulting in more predictable and steady cash inflow.
  • Actionable Insights: It provides real-time overview on data to help businesses make proper decisions to have better financial performance.

Pricing of Billtrust

Billtrust price details are available on request at techjockey.com.

Billtrust price in India may vary based on factors like customization, additional features required, number of users, and the deployment type. Please request a call back for subscription-related details and to avail offers on premium packages.

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Billtrust Company Details

Founded Year:  2001

Billtrust develops a payment cycle management platform designed to automate every step in the invoice-to-cash process.

Director/Founders Flint Lane
Company Size 501-1000 Employees

Billtrust Pricing & Plans

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Billtrust Features

  • icon_check Automated Invoicing
    Streamlines billing process, generates timely invoices reducing manual effort and errors.
  • icon_check Payment Processing
    Helps in seamless payment transactions, automates and secures payment collections for faster processing.
  • icon_check Cash Application
    Matches payments with invoices automatically, increasing efficiency.
  • icon_check Customer Portal
    Provides clients with easy access to their invoices by offering self-service portal .
  • icon_check Reporting & Analytics
    Delivers detailed insights into financial operations to help businesses make informed decisions.
  • icon_check Collection Management
    Automates follow-ups on overdue payments to improve recovery rates for better cash flow.
  • icon_check Security & Compliance
    Protects sensitive data and maintains compliance with industry regulations to meet regulatory standards.
  • icon_check Anti-Fraud Protection
    Detects and prevents fraudulent activities to protect financial transactions from potential threats.
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Billtrust Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos
AI Features
AI Integrated

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Billtrust Review

4.0

Out of 5

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Overall Rating

Based on
3 Verified Ratings

Rating Breakdown

  • Features 4
  • Value for Money 3.8
  • Ease of Use 4.1
  • Customer Support 4.3

93% Recommend this Product

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Articles for Billtrust

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What input types does Billtrust use for invoicing?

Billtrust uses CSV, XML, and ERP integrations for automated invoicing input.

Is there any limit of invoicing volume in Billtrust ?

Billtrust is capable of processing millions of invoices per month, and the limit depends on the plan subscriptions.

What are the output formats of invoices generated by Billtrust Account Receivable Software?

Billtrust generates output in PDF, EDI, and other customizable formats compatible with ERP systems.

Does Billtrust support multi-currency transactions?

Yes, Billtrust supports multi-currency transactions to manage global invoicing and payments.

What AI features are used in Billtrust’s solution?

Billtrust’s uses AI for automation of invoicing, cash application, and collections, to increase accuracy and speed up processes.

Which operating systems does Billtrust support?

Billtrust operates on cloud-based platforms, accessible via any major browser on Windows, Mac, and Linux.

Who are the potential users of Billtrust?

Billtrust is used for businesses in sectors like manufacturing, distribution, retail, and eCommerce needing efficient and accurate AR management solutions.

Does Billtrust Account Receivable Software provide a customer portal?

Yes, Billtrust offers a customer portal for clients to access their invoices and payment information.

Does Billtrust implement any anti-fraud measures?

Yes, Billtrust uses advanced algorithms and monitoring tools to detect and prevent fraudulent activities.

Does Billtrust provide electronic payment methods?

Yes, Billtrust supports various electronic payment methods, like ACH, credit card, and digital wallets, for transactions.

Does Billtrust offer mobile payment options?

Yes, Billtrust Account Receivable Software provides mobile payment options to help customers to pay invoices from their mobile devices.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.