Billtrust, a B2B accounts receivable (AR) automation and digital funds market chief, surpassed $100 billion in funds quantity in 2022, a 35% year-over-year enhance and a primary for the corporate. As well as, with CFOs and finance leaders searching for to bolster their monetary resilience amid an financial downturn, Billtrust’s shopper base grew to exceed 2,400 clients globally, as Billtrust enabled them to current over 423 million payments to 13 million consumers.
“Extra firms are turning to Billtrust to fortify their companies by way of an accounts receivable digital transformation,” stated Sunil Rajasekar, Billtrust CEO. “Not solely does creating a brand new era of B2B digital payers assist CFOs and different monetary professionals by permitting them to maximise and forecast money movement, it reduces dependence on paper checks and the U.S. mail, serving to to future-proof companies as unsure instances proceed.”
Different 2022 highlights embody:
