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.
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.
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
Next-Gen Collections: Data-Backed Tips to Get Invoices Paid Faster
Tired of bad debt? Afraid your dunning schedule isn’t working? Discover data-driven collections best practices that increase recovery rates.
CUSTOMER STORY
Streamline operations and accelerate payments
Security solutions provider drives current receivables with an automated collections
solution while revenue doubles
improvement in
current receivables
current for
customer payments
CUSTOMER STORY
Cutting AR costs by +50%
Collections and credit transformation speeds operations
in surcharging savings
electronic credit
applications
reduction in
postage costs
CUSTOMER STORY
Unified collections speed up Accounts Receivable.
See how Kinepolis, an international cinema, lowers DSO and overdue invoices with automated collections from Billtrust.
reduction in DSO
reduction in
overdue invoices
Accelerate cash flow with AI-powered solutions.
Payments
Flexible payment solutions.
Offer your customers flexibility with diverse payment methods to speed up collections.
Invoicing
Invoicing made simple.
Automate invoicing to eliminate errors and ensure timely, accurate billing.
eCommerce
Effortless online sales.
Integrate your eCommerce and ERP for smoother order and transaction management.
Credit
Smarter credit decisions.
Simplify credit approvals and assessments for lower risk and greater accuracy.
Cash Application
Precise cash matching with AI.
Reduce errors and match payments accurately with our AI-powered cash application software.
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.
Dig deeper into Collections
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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.
How does Billtrust's automated collections software use AI to optimize the collection process?
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.
What makes Billtrust's automated collections software stand out from other solutions?
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.
Which cash management tools are best for improving collections?
Leading tools include AR automation platforms, digital payment portals, and real-time analytics dashboards that integrate invoicing, payment processing, and collections management.
What is bad debt in simple words?
Bad debts are amounts owed to a company that are no longer expected to be paid by the debtor.