Leading business-to-business accounts receivable automation and integrated payments provider
Founded in 2001, Billtrust provides accounts receivable automation and B2B payments for suppliers across the United States and Europe.
- CountryUnited States
- Responsible AdvisorArvindh Kumar
Billtrust’s software platform helps its customers digitize and streamline their finance operations by removing manual processes across order management, credit management, invoicing, payments processing, collections, and cash reconciliation. In addition, Billtrust’s Business Payments Network (“BPN”) is a fast-growing 2-sided network connecting buyers and suppliers and represents a unique and differentiated offering in the market. The company has over 800 employees across the globe.
Market Trends and Drivers
The market is largely underpenetrated, with nearly half of B2B invoices and payments still sent via paper. The Company is well positioned to benefit from underlying market penetration, including the continued mix shift toward digital invoices and payment modalities.
EQT X will support Billtrust in its next phase of growth across a number of value creation initiatives including driving cross-sell of software modules, accelerating growth in payments offerings, enabling operational efficiencies, and continuing product expansion (both organic and through strategic M&A), with a vision to build Billtrust into a broader "Office of the CFO" platform.
Board of directors
- ChairpersonDavid Post
- Board memberJohn Coughlin
- Board memberArvindh Kumar
- Board memberFlint Lane
- Board memberEric Palmer
- Board memberSunil Rajasekar
- Board memberYael Zheng
- CEOSunil Rajasekar