Billtrust Accounts Receivable Automation Overview

This document is a technical report that outlines the capabilities of Billtrust's software in automating the accounts receivable (A/R) cycle. It details how the software enhances productivity for A/R staff by streamlining processes from invoicing to payments, thereby improving customer experiences and reducing friction in order-to-pay motions. The report highlights the significance of addressing productivity challenges faced by finance departments, particularly in light of workforce shortages in the accounting sector. It emphasizes the need for organizations to leverage technology to digitally transform their A/R processes. The report also discusses specific functionalities of Billtrust's software, such as credit application automation, invoice delivery, collections, and payment management. Furthermore, it presents the advantages of integrating A/R systems with various accounts payable (A/P) portals, which can facilitate smoother transactions and enhance operational efficiency. Recommendations for finance executives to consider end-to-end A/R automation as a strategy for improving cash cycles are also included.