Billtrust makes Inc 5000 list for 10th consecutive year
Hamilton, NJ– August 22, 2016– Billtrust, the leader in payment cycle management, announced today that is has been listed on Inc 5000, a ranking of the 5000 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
This honor has been awarded to Billtrust as one of the fastest growing private companies for the tenth consecutive year. Since Billtrust’s inception in 2001, the company has expanded to its current headquarters in Hamilton, NJ, with satellite offices in Denver, CO, Fountain Valley, CA and Chicago, IL.
Over the last three years, Billtrust has seen a growth of 105%. “At Billtrust, we do not measure success and growth by awards, but by the happiness of our employees and our clients. I believe our consistent position on the Inc 5000 list is a testament to how that focus drives growth at Billtrust,” said Billtrust CEO Flint Lane. “We are thrilled to be part of this list for the tenth consecutive year.” Billtrust first showed up on the list in 2006, just 5 years after the company’s early start as an outsourced billing provider.
Billtrust provides a payment cycle management solution to automate and accelerate the invoice-to-cash process. “Companies need a strategic way to process invoices as well as collect and apply payments, which is where payment cycle management comes in,” said Lane. “The need for payment cycle management increases as companies realize the time and cost savings that come with AR automation.”
Billtrust accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution. Finance executives and AR specialists love and recommend Billtrust payment cycle management solutions for the remarkable cost savings, ease-of-use, and improved customer satisfaction rates.