Billtrust news and trends

Billtrust CEO: ‘Staggered Approach’ Sets the Stage for Payments Success With GenAI
artificial intelligence // February 02, 2024

Sunil Rajasekar, CEO of Billtrust, told Karen Webster that while using artificial intelligence (AI) to make better business decisions, generative AI has the potential to change the very nature of payments and commerce. Billtrust and other firms, he said, have been using AI for a...

Late Payments Plague 100% of Construction Companies
Accounts Receivable // December 06, 2023

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm relies on incoming payments to remain solvent. Any delay can have momentous downstream ramifications regarding...

Connectivity Defined the Past Decade — Interoperability Will Shape the Next
Innovation // December 04, 2023

A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount and people costs than it did compute and data. Today, 10 years later, the fleet of robots powering Amazon’s warehouses...

Generative AI’s ‘New Electricity’ Sparks Innovation Across Payment Workflows
Connected Economy // December 04, 2023

Anyone operating in the payments space already knows about artificial intelligence (AI). After all, the technology, along with its first cousin, machine learning (ML), together have been powering back-end systems and innovative products for years. “What is fundamentally changing, is that AI is redefining itself...

Interviews & Exclusives
How AI’s Language-Based Capabilities Will Transform B2B Payment Processes

February 08, 2024
Over a long enough time, change stands alone as the only constant. After all, it was over a century and a half ago that Charles Darwin first wrote that “the species most responsive to change” is the one that survives — and while he was talking about evolutionary biology, the truth captured is universal. That […]

Billtrust CEO: ‘Staggered Approach’ Sets the Stage for Payments Success With GenAI

February 02, 2024
Sunil Rajasekar, CEO of Billtrust, told Karen Webster that while using artificial intelligence (AI) to make better business decisions, generative AI has the potential to change the very nature of...

Late Payments Plague 100% of Construction Companies

December 06, 2023
Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm...

Connectivity Defined the Past Decade — Interoperability Will Shape the Next

December 04, 2023
A decade ago, in 2013, Amazon counted around a thousand robots across its fulfilment warehouses. That same year, tech giant Google spent more on headcount and people costs than it...

Quick Reads
Billtrust Adds Enhanced Visibility to AR Platform

November 28, 2023
Billtrust has added a new interface to its artificial intelligence (AI)-powered accounts receivable (AR) platform that provides enhanced AR visibility, a new Days to Pay Index and a unified user experience. These new capabilities are designed to help chief financial officers achieve a unified order-to-cash operation, the company said in a Tuesday (Nov. 28) press […]

75% of AP Teams Reported Processing More Invoices Last Quarter

October 31, 2023
Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent of AP teams reported processing...

Mastercard Debuts Receivables Manager as Virtual Card Use Increases

July 24, 2023
Mastercard has launched a tool designed to streamline virtual card payments. The company’s Receivables Manager, announced Monday (July 24), comes at a time when businesses are turning to virtual cards to...

Billtrust Names New CMO and CFO to Grow Order-to-Cash Business

January 10, 2023
Billtrust has announced two new executive appointments about a month after being acquired. The provider of B2B order-to-cash software has named Grant Johnson chief marketing officer (CMO) and Robert Purcell...