HAMILTON, N.J., Sept. 30, 2015 /PRNewswire/ — Billtrust, the leader in Payment Cycle Management, has been named one of New Jersey’s 2015 50 Fastest Growing Companies by NJBIZ, New Jersey’s premiere business news publication.
The NJBIZ 50 Fastest Growing Companies awards program celebrates New Jersey’s most dynamic companies who progressively contribute to the success of the state’s economic growth and stability. To qualify, companies had to meet selection criteria that included a revenue size of at least $500,000 within the past two out of three years and growth in revenue over a three year period, dating from fiscal year 2012 to 2014.
The NJBIZ recognition follows Billtrust’s ninth consecutive spot on the Inc. 5000 list of the nation’s fastest-growing companies in August 2015. Billtrust is one of only two percent of the Inc. 5000 to spend nine consecutive years as one of the fastest growing companies in the United States.
“The entire Billtrust team is gratified that our ongoing growth has gained so much recognition. This level of continued success is a result of delivering remarkable levels of service to our clients and being innovative in the development of solutions that positively impact payment cycle management,” said Flint Lane, CEO of Billtrust.
Presenting sponsor, WeiserMazars calculated the nominations and then ranked the companies according to revenue growth over the three year period. Both dollar and percentage increases were taken into consideration.
The award program is presented by WeiserMazars and Comcast Business and sponsored by UnitedHealthcare, and Archer & Greiner. NJBIZ and the program sponsors will honor this year’s fifty fastest growing companies and announce their ranking live during an awards reception and ceremony on Thursday, November 12, 2015 at The Palace at Somerset Park in Somerset, New Jersey. The honorees will also be highlighted in a special supplement to NJBIZ on November 16, 2015.
For more information about the NJBIZ 50 Fastest Growing Companies awards program, please contact Erika Plateroti at [email protected] or visit www.njbiz.com/events.
Billtrust is the premier provider of Payment Cycle Management solutions, helping businesses accelerate invoice-to-cash. By integrating the three key areas of the payment cycle: invoice presentment, invoice payment, and cash application, Billtrust is committed to delivering a flexible solution to improve buyer satisfaction and DSO. In 2014, the Billtrust invoice-to-cash solution processed over $250 billion in receivables for leading companies including Kraft Foods, Under Armour, Estes Express and CDW.
Meredith Simpson[email protected]