The acquisition, completed in February 2022, followed the October 2021 purchase of iController, and broadened the company’s European footprint, global presence and ability to expand its innovative Business Payments Network (BPN). mail, helping to future-proof businesses as uncertain times continue.”īilltrust acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. “Not only does creating a new generation of B2B digital payers support CFOs and other financial professionals by allowing them to maximize and forecast cash flow, it reduces dependence on paper checks and the U.S. “More companies are turning to Billtrust to fortify their businesses through an accounts receivable digital transformation,” said Sunil Rajasekar, Billtrust CEO. In addition, with CFOs and finance leaders seeking to bolster their financial resilience amid an economic downturn, Billtrust’s client base grew to exceed 2,400 customers globally, as Billtrust enabled them to present over 423 million bills to 13 million buyers. Billtrust Surpasses $100 Billion in Payments Volume in 2022 Amid Strong Growthģ5% YOY Increase Reflects Increased Digital Adoption in an Economic Downturnīilltrust, a B2B accounts receivable (AR) automation and digital payments market leader, surpassed $100 billion in payments volume in 2022, a 35% year-over-year increase and a first for the company.

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