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Billtrust Announces Gwenn Lazar as Senior Vice President, Channel Development, Strengthening Commitment to Channel Partnerships

Accomplished Channel Executive Joins Leading B2B Integrated Payments Firm

LAWRENCEVILLE, NJ – December 17, 2020 – Billtrust, a B2B accounts receivable automation and integrated B2B payments leader, has announced that Gwenn Lazar has joined the company as Senior Vice President, Channel Development. Lazar will drive Billtrust’s business development and channel management initiatives.

Lazar joins Billtrust amidst its ongoing commitment to channel partnerships aimed at delivering world-class accounts receivable automation with integrated payments capabilities, having recently joined with Toyota Material Handling to offer its dealers complete accounts receivable automation solutions, as well as a variety of leading B2B fintech companies that are participating in its rapidly scaling Business Payments Network

“I am pleased to welcome Gwenn as a key addition to our leadership team,” said Steve Pinado, Billtrust President. “Our channel partnerships and business relationships across the financial technology industry are extensive, differentiated and critical to our delivery of fast, reliable and robust accounts receivable solutions and integrated payments. Gwenn’s breadth of channel experience will help us expand and optimize our already-strong channel partner ecosystem and accelerate our growth.”

“I’m thrilled to bring my experience to Billtrust, a dynamic company that is truly dedicated to listening to their channel partners and customers,” said Lazar. “I am confident that I can grow the partner business channel while ensuring the collective success of our partners, customers and Billtrust.” 

Prior to Billtrust, Gwenn was the Vice President of Global Alliances for Skillsoft, a global leader in online learning, where she managed a global ecosystem of strategic partners driving growth through new routes to market. Before that, Gwenn managed client relations for a reseller of Skillsoft solutions. She also spent time in eCommerce, managing web technologies for online retailers. Gwenn started her career in management consulting with a specialty in systems integration. Gwenn holds a Bachelor of Science in Operations Research & Industrial Engineering from Cornell University and is an advocate for women in technology. She is a two-time recipient of the prestigious ‘Women of the Channel’ award.

About Billtrust 

Billtrust 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.

Forward-Looking Statements

This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward looking statements are subject to a number of risks and uncertainties, including those factors discussed in the Company’s filings with the SEC, including those under the header “Risk Factors” in the Registration Statement on Form S-4 filed with the SEC by South Mountain Merger Corp. on October 26, 2020, as amended. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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