Billtrust Announces Groundbreaking AI Advancements

Billtrust Announces Insight 2022 Award Winners

Billtrust Customers recognized at its B2B Accounts Receivable and Integrated Payments Educational Conference.

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LAWRENCEVILLE, NJ – July 14, 2022 – Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced that Huttig Building Products, Van Meter and Malin were recognized as Billtrust Rockstars of the Year during the Billtrust Insight Awards Ceremony held June 16, 2022. Palmer-Donavin, Louisiana Cat, H&E Equipment Services, Daikin Comfort Technologies North America, Inc., Vulcan Materials and Century AC Supply were also honored. Billtrust Insight 2022 is the company’s B2B accounts receivable and integrated payments educational conference and user event.

The Billtrust Rockstar of the Year Award recognizes Billtrust customers as leaders that have made significant achievements in digitally transforming their accounts receivable and order-to-cash processes.

“Billtrust exists to serve its customers, which is key to driving our growth,” said Steve Pinado, Billtrust President. “We are extremely proud and honored to recognize these customers who are rapidly advancing their accounts receivable and digital transformation journeys.”

Huttig Building Products, a Billtrust Rockstar of the Year recipient and a global leader in the building materials industry, succeeded in getting more customers to accept electronic billing and have requested electronic billing from more of their own suppliers. They have also implemented Billtrust Credit, Payments, Cash Application and Collections solutions.

Van Meter, a Billtrust Rockstar of the Year recipient and wholesale industrial and electrical supplier serving contractors, electricians, builders and engineers, has been a Billtrust customer for over 10 years. They continue to lead the way in their industry by taking full advantage of emerging technologies to help them solve challenges and allow them to strategically grow their business. Van Meter has done this with the help of Billtrust’s Payments, Cash Application and Collections solutions.

Billtrust Rockstar of the Year recipient Malin, a leading wholesale wire supplier, utilized Billtrust’s Invoicing and Payments solutions, with most of their customers now receiving electronic invoices. They also enabled machine learning for Cash Application to further enhance their platform and accelerate cash posting while continuing to impress their customers with an accurate and consistent AR process.

Other Billtrust Award recipients include:

  • Customer Experience Improvement Award – Century AC Supply
  • Digital Invoicing & Payments Award – Daikin Comfort Technologies North America, Inc.
  • eCommerce Optimization Award – Palmer-Donavin
  • Optimizing Credit & Collections Award – Louisiana Cat
  • BPN Champion Award – H&E Equipment Services
  • Sustainability & Digital Conversion Award – Vulcan Materials

About BTRS Holdings

Billtrust (NASDAQ: BTRS) is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. Accounts receivable is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based. Billtrust is at the forefront of the digital transformation of AR, providing mission-critical solutions that span credit decisioning and monitoring, online ordering, invoice delivery, payments and remittance capture, invoicing, cash application and collections. For more information, visit Billtrust.com.

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