Business Value of Billtrust White Paper

This white paper presents an analysis of the business value derived from Billtrust's integrated accounts receivable (AR) solutions. It outlines the operational inefficiencies commonly faced by AR teams and highlights the increasing importance of AR automation as a strategic priority for finance leaders. The paper discusses findings from IDC's research, which indicate that organizations using Billtrust's solutions experience significant benefits, including improved cash flow, reduced payment-related costs, and enhanced customer experience. Key statistics reveal that study participants reported average annual benefits of $3.66 million per organization, driven by faster payment collections and operational efficiencies. The document also addresses the challenges faced by AR teams, such as the need for AI and machine learning to automate manual processes and improve accuracy. Furthermore, it emphasizes the growing demand for intelligent automation in AR software, as finance leaders seek to enhance their operational capabilities and customer engagement through innovative technology.