Billtrust is a Leader in G2's Spring 2024 Accounts Receivable Automation Software Grid. Billtrust customers have been rating Billtrust highly on the biggest and most trusted software marketplace in the world for over two years.
Billtrust is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. The order-to-cash process is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based.
Starting from $0, Billtrust is priced free of charge to start and is most advisable for midsize businesses of 101 to 1000 employees. Billtrust can be deployed online and is accessible from a handful of platforms including Windows and Linux devices.
(“Billtrust” or “the Company”) (NASDAQ: BTRS), a B2B order-to-cash software leader, today announced the completion of its acquisition by the EQT X fund (“EQT Private Equity”), part of EQT, a leading global investment organization.
Billtrust is here to accommodate all your payment acceptance and processing needs. We get you up and running quickly, while helping maintain PCI compliance and business continuity with a remote workforce.
As a result, Billtrust's client base has grown to exceed 2,600 customers in 36 countries. “Phil, Esther and Nick are all visionary leaders and experienced digital payments and SaaS executives, and I'm excited to welcome them to Billtrust,” said Billtrust CEO Sunil Rajasekar.
The transaction is expected to close on December 16, 2022. Upon completion of the transaction, Billtrust will become a privately held company, and its common stock will no longer be listed on any public market.
Billtrust is providing the following financial guidance for the full year 2022: Total revenue in a range between $195 million and $207 million, including reimbursable costs revenue of $30 million to $36 million.
BILL servers and network infrastructure are hosted at secure data center facilities managed by leading certified data center providers. All BILL employees undergo background checks and data security and privacy training. BILL has a formal vendor management program to manage third-party risks.
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