Billtrust Announces Groundbreaking AI Advancements

Effortless recovery with automated collections software

Reduce the risk of late payments with a collections platform that turns slow manual processes into automated follow-ups that help you get paid sooner.

Improve DSO
by up to 50%

Reduce your Days Sales Outstanding (DSO). Automate end-to-end collections and accelerate dispute resolutions with solutions that track payments and assess risk to prioritize your recovery strategy.

Make collections and cash flow more predictable

Minimize DSO

Collect payments faster and spend less time on disputes with AI-driven follow-ups.

Reduce manual work

Automate collections processes to speed up recovery and payments.

Ease risk management

Fine tune your collection strategies with AI that helps you prioritize high-risk accounts.

Sharpen forecasting

Get a real-time view of your order-to-cash lifecycle for more accurate forecasts.

Intelligently understand how invoices are processing with AI

Take collections from manual to automatic

Billtrust Collections makes it easier than ever to collect payments from outstanding accounts, while saving you time and resources. AI automatically predicts, tracks, and follows up on late payments so you can improve recovery rates.

Instant visibility

With a real-time view into payments, aging balances, and trends, your finance teams can see how collections are performing and optimize strategies based on AI-generated recommendations.

A chart showing how aging balance for a business is improving
A checklist for a customer list

Proactive risk mitigation

Assess ongoing risk. Collections solutions include intelligent forecasting tools, comprehensive account and buyer views, and credit agency integrations. Identify high-risk buyers using automated segmentation for more targeted recovery efforts.

Trusted by global brands

Item 1
Item 3
Item 4
84 Lumber
Peak Industrial
A cover page of a document titled The Complete Guide to Calculating and Improving Your Avererage Collection Period

The Complete Guide to Calculating and Improving Your Average Collection Period

Collect payments in no time with AI

Analyze customer behavior with AI, so you can forecast when customers are most likely to pay. Our predictive collections software prioritizes follow-ups on accounts that are high risk—freeing your team to focus on business growth.

A man smiles broadly while holding a tablet. Cash forecast graphics overlaid
Carpenter building a roof
The silhouette of a man with a thought bubble
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Carpenter building a roof
Case Study

84 Lumber

84 Lumber Transforms Collections and Credit Operations, Cutting Costs +50%
Right row purple icon
Professional woman wearing glasses with an inspired expression
The silhouette of a man with a thought bubble
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Professional woman wearing glasses with an inspired expression
Blog

10X Faster: Billtrust Releases New Collections Automation Capabilities

Many finance organizations face a persistent challenge: A bottleneck sits in front of collections operations. Accounts receivable teams are so overwhelmed by the upfront work of invoice delivery and payments processing, that little time and resources remain for downstream activities. As a result, credit and collections often become one of the most neglected financial functions. […]

Right row purple icon
Collection Letter Blog Masthead Image
The silhouette of a man with a thought bubble
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Collection Letter Blog Masthead Image
Blog

Optimize your collections process with these essential collection letter templates

For finance leaders, optimizing accounts receivable is non-negotiable. Late payments strain cash flow, create unpredictability and consume valuable team resources. Collection letters, also known as dunning letters in accounts receivable terminology, remain one of the most effective tools for recovering past-due payments while maintaining professional relationships with your customers. Far from being mere reminders, these […]

Right row purple icon
A man with his arms crossed, smiling, looking directly at the camera

Ready to see Billtrust in action?

Use Billtrust to streamline AR and get paid faster while reducing manual work. Discover how our AI-powered solutions can meet your unique needs and enhance your AR operations.

Thank you for contacting us.

A Billtrust rep will be in contact shortly.

Frequently asked questions

What is automated debt collections software?

Automated debt collections software is a specialized tool designed to streamline and digitize the process of recovering past due payments. It uses artificial intelligence and machine learning algorithms to automate tasks such as sending payment reminders, tracking account statuses, and prioritizing collection efforts. This software reduces manual labor, improves efficiency, and helps businesses maintain positive customer relationships while improving capital flow.

Billtrust’s automated collections software leverages advanced AI algorithms to optimize the collection process in several ways. It analyzes historical payment data and customer behavior to predict when customers are likely to pay, allowing businesses to prioritize their collection efforts. The AI also provides recommendations on modifying collection procedures to get paid faster. Additionally, it offers accurate cash forecasts based on this analysis, helping businesses make informed financial decisions.

Billtrust’s automated collections software stands out due to its comprehensive approach to the entire order-to-cash cycle. As part of Billtrust’s Unified AR Platform, the collections software integrates with other AR functions such as invoicing, payments, and cash application. This holistic approach provides unparalleled visibility and control over the entire AR process.

Leading tools include AR automation platforms, digital payment portals, and real-time analytics dashboards that integrate invoicing, payment processing, and collections management.

Bad debts are amounts owed to a company that are no longer expected to be paid by the debtor.