Billtrust

Billtrust is a massive player in the B2B accounts receivable space, particularly dominant in heavy industries like construction materials, heavy equipment leasing, and wholesale distribution. Its historical strength lies in complex invoice delivery. In the B2B world, you can't just email a PDF; many massive buyers require invoices to be uploaded into dozens of different, highly specific AP portals (like Ariba or Coupa). Billtrust automates this tedious portal-uploading process. The platform provides a highly polished B2B payment portal. A construction company can log into the portal, view all their open invoices across multiple jobs, and pay them via ACH or virtual credit card. Billtrust uses surcharging intelligence to automatically pass credit card processing fees onto the buyer where legally permissible, saving the supplier massive amounts of money on interchange fees. They also offer a massive network advantage known as the "Business Payments Network" (BPN). Because so many buyers and suppliers are already using Billtrust, the software can automatically route digital payments between companies on the network without requiring any manual data entry or paper check processing, drastically accelerating cash flow.