Billtrust Makes Its Fourth Consecutive Appearance on Inc 500/5000 List of America’s Fastest Growing Private Companies

Press Release | September 15, 2010

More companies than ever are turning to outsourced billing with Billtrust. Billtrust’s three-year revenue growth of over 300% fuels their recognition in the market.

Jamesburg, NJ (PRWEB) September 15, 2010 - Billtrust, the leading provider of outsourced billing services, has been named to the exclusive Inc 500/5000 list for the fourth year in a row. This list recognizes the fastest growing private companies in America. Despite the challenging economic climate over the past few years, Billtrust achieved revenue growth of over 300% from 2006 through 2009.

Billtrust provides outsourced billing services to businesses throughout North America. Their proprietary CompleteBilling service helps businesses manage their billing process more efficiently through a suite of advanced paper and electronic billing products. Billtrust has over 500 customers including prestigious companies like Chiquita Brands, Kraft Foods, New Balance Athletic Shoes, Toshiba America Information Systems, Tech Data Corporation and WESCO Distribution, Inc.

Billtrust’s CompleteBilling service includes everything from the design of the bill, to the delivery to the end user. As part of their service, bills are delivered to the bill recipient via many different channels including US Mail, Email, Fax, and Online. Further, Billtrust has a dedicated team that works with their customers to help them move to paperless delivery.

With Billtrust’s proprietary architecture, their customer generates their invoicing data as usual through their ERP system (such as Oracle, SAP,QAD, Activant, Infor, and Mincron) and sends to Billtrust. Billtrust’s Smart Routing system sends billing documents via U.S. Mail, Email, Fax, or Web, depending on the preference of the bill recipient. Further, Billtrust has six strategically located print and mail facilities throughout North America that send the bill from the location that will minimize delivery time through the postal system.

Billtrust’s CEO Flint Lane credits Billtrust’s state-of-the-art technology, dedicated employees, and commitment to customer satisfaction as being the engine behind their strong growth. Lane said, “We have worked hard to build our reputation as the premier billing service provider in North America. Making this prestigious list for four consecutive years is a testament to our organization’s ability to continuously deliver a product suite that is unmatched in the market.” Other accolades that Billtrust has received this past year include the Red Herring 100, NJTC Growth Company of the Year Finalist, and Deloitte Technology Fast 500.

About Billtrust

Headquartered in Hamilton New Jersey, Billtrust is the premier provider of automated invoice-to-cash solutions. Billtrust integrates three key areas of the invoice-to-cash process: presentment, payment, and cash application, helping its clients connect with their customers and cash while strengthening their revenue and cash flow. Working with more than 1,200 North American businesses across B2B and B2C markets, Billtrust’s comprehensive offerings help its clients solidify customer relationships, increase productivity, improve cash flow, and seamlessly migrate to electronic channels. For more information, visit Billtrust at billtrust.com.

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