Forrester Total Economic Impact™ analysis of one Billtrust customer
Forrester interviewed one customer with several years of experience using Billtrust Cash Application, Invoicing and Payments.
Forrester’s subsequent financial analysis1 found that the interviewed organization experienced benefits of:
Billtrust solves AR problems
Cash application slowdowns
- Billtrust automatically applies payments – even with decoupled or missing remittance.
- Acushnet achieved a 99.5% match rate for their ACH payments.2
- Billtrust enables self-service billing and payment portals and connects with leading AP portals.
- Saint-Gobain realized a 50% reduction in internal costs and a 98% electronic presentment rate.3
Credit card fees
- Billtrust uses Level 2 and 3 processing to reduce credit card acceptance fees while automating reconciliation.
- Leica Microsystems lowered their effective rate – saving $73,235 a month.4
Slow credit applications
- Billtrust Credit Application’s smart form automatically gathers reports and provides insights to your team.
- A large European CPG manufacturer is now making 100% of their decisions via the online platform.5
Billtrust is leading the digital transformation of accounts receivable. We are a publicly-traded company with nearly 20 years of history.
“Working with Billtrust was a great decision for Chiquita. We’re extremely pleased and continue to achieve our productivity targets.”– Megan Locke, Credit Analyst, Chiquita Brands
“We were steering customers from our portal to try and keep up, but when Billtrust offered an integrated payments solution, we jumped.”— Mark Storey, Senior Director, Credit Management, Acushnet
“Customer confidence and cash application accuracy was at an all-time low, but with Billtrust Cash Application, we reduced misapplied cash to zero!”– Randy Oden, Corporate Controller, Thompson CAT
Get the full picture. Chat with one of our team members about how Billtrust can automate manual tasks, lower your costs and increase your cash flow.
- Forrester Total Economic Impact™ Study
- Acushnet Case Study
- Saint-Gobain Case Study
- Leica Microsystems Case Study
- European CPG Manufacturer Case Study