What is Billtrust used for?

Billtrust is an accounts receivable automation platform covering invoicing, payments, credit, collections and cash application for B2B suppliers. It is a good fit for distributors speeding up customer payments, manufacturers automating collections follow-up and finance teams matching incoming cash to invoices.

How much does Billtrust cost?

Billtrust doesn't publish fixed prices; pricing is quoted on request.

Is Billtrust open source?

No. Billtrust is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Hyperswitch and Lago.

What are some alternatives to Billtrust?

Billtrust competes with HighRadius and BILL.

Billtrust: features, pricing and alternatives

About Billtrust

Billtrust is a commercial accounts receivable and invoice-to-cash platform for business-to-business suppliers. It helps finance teams send invoices, take payments, manage customer credit, run collections and apply incoming cash, with the aim of getting paid faster and more predictably while keeping customer relationships in good shape.

The platform is organized around invoicing, payments, credit, collections and cash application, with AI features across those areas, integrations with ERP systems, and optional services. The vendor also advertises a connection that lets AI assistants such as Claude and Copilot work with its receivables data. Industry pages cover distributors, manufacturing, equipment, medical, retail, transportation and business services.

Billtrust is a hosted service sold through conversations with its team, and it offers its website in English, German and Dutch. It is proprietary software and not available for self-hosting, and the company runs a support center along with resources such as case studies and reports.

Key features

Electronic invoicing and delivery
Online payment acceptance for B2B customers
Credit management and risk checks
Collections workflow automation
Automated cash application
AI features and ERP integrations

Good fit for

→Distributors speeding up customer payments
→Manufacturers automating collections follow-up
→Finance teams matching incoming cash to invoices

Tags: accounts-receivable; invoice-to-cash; collections; cash-application; credit-management; b2b-payments; finance-automation

Billtrust: questions and answers

What is Billtrust used for?: Billtrust is an accounts receivable automation platform covering invoicing, payments, credit, collections and cash application for B2B suppliers. It is a good fit for distributors speeding up customer payments, manufacturers automating collections follow-up and finance teams matching incoming cash to invoices.
How much does Billtrust cost?: Billtrust doesn't publish fixed prices; pricing is quoted on request.
Is Billtrust open source?: No. Billtrust is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Bitcoin Core, Hyperswitch and Lago.
What are some alternatives to Billtrust?: Billtrust competes with HighRadius and BILL.