B2B payment processing services: automate your accounts receivable

Traditional payment processing approaches no longer meet the demands of modern B2B transactions. Payment processing services have evolved from simple transaction handling to solutions that streamline entire accounts receivable operations. At Billtrust, we've developed an AI-powered platform that transforms how businesses manage their payment processes, putting suppliers back in control while maintaining exceptional customer service.

Modern B2B payment processing extends beyond basic transaction handling. It encompasses the entire payment lifecycle, from invoice presentation to cash application, creating a seamless flow that accelerates your cash cycle while reducing operational costs. Our approach rebalances the accounts receivable/accounts payable dynamic, enabling your business to accept payments on your terms while accommodating your customers' preferences.

In today's B2B payment landscape, capabilities matter more than ever. Financial leaders need solutions to handle diverse payment methods while maintaining control. Our suite of payment processing features puts you back in control of your receivables while giving your customers the flexibility they demand.

• Multiple payment channel support: Today's B2B landscape demands flexibility in payment acceptance. Our payment processing services support various channels, including ACH, credit cards, wires, and email payments. This multi-channel approach ensures your customers can pay through their preferred method while your team manages everything from a unified platform.
• Straight-through processing: Our straight-through processing capabilities eliminate manual intervention, automatically handling transactions from initiation to settlement. This approach reduces processing time and minimizes errors, creating a more productive payment ecosystem.
• Advanced credit card processing: We offer sophisticated Level 2 and Level 3 credit card information processing capabilities, enabling businesses to qualify for lower interchange rates. Our platform automatically captures and submits the required data, ensuring optimal processing rates without additional manual effort.
• Strategic surcharging options: Our platform includes surcharging capabilities, allowing businesses to offset credit card processing costs while maintaining compliance with card network rules and regulations. This feature helps control payment acceptance costs while providing payment flexibility to customers.

Read the report → Reimagining business payments: How digital lockboxes unlock AR efficiencies

Modern finance leaders need solutions that directly impact their organization's financial health and operational efficiency. Our platform delivers measurable improvements across key financial metrics while strengthening customer relationships.

• Accelerated cash flow: By automating payment processes and providing multiple payment channels, businesses typically see significant reductions in days sales outstanding (DSO). This acceleration of cash flow improves working capital and provides more financial flexibility.
• Enhanced security and compliance: Our payment processing services incorporate advanced security measures and maintain compliance with industry standards. This approach to security protects sensitive payment data while meeting regulatory requirements.
• Improved customer experience: The platform provides a branded payment portal that enhances customer confidence and satisfaction. Self-service options and automated payment capabilities give customers the control they want while ensuring you receive payments faster.

The success of any payment processing solution depends on how well it connects with your existing systems and workflows. Integration capabilities shouldn't just link systems—they should create new opportunities for automation. Our platform's connectivity goes beyond basic system integration to create a truly unified payment processing ecosystem.

• ERP system connectivity: Our payment processing services integrate with ERP systems, ensuring smooth data flow between your financial systems. This integration eliminates manual data entry and reduces reconciliation time.
• AP portal connectivity: The platform connects with hundreds of AP portals, automating invoice delivery and payment acceptance across your customer base. This connectivity reduces the complexity of managing multiple portals and accelerates payment processing.

Digital transformation in accounts receivable isn't just about implementing new technology—it's about changing how your organization handles payments at a fundamental level. The transition from paper-based to digital processes requires expertise, strategy, and a partner who understands both the technical and human elements of change.

• Digital adoption expertise: Our team helps design and execute effective strategies to transition customers from paper to digital payments. We use proven approaches to encourage electronic payment adoption while maintaining strong customer relationships.
• Implementation and training: We provide implementation support and training services to ensure your team can maximize the value of our payment processing services. Our structured approach includes milestone-based implementation plans and ongoing support to drive successful adoption.

Read the ebook → Getting unstuck: Optimizing B2B payments processes

Every industry faces unique challenges in payment processing and accounts receivable management. What works for one sector may not meet the specific requirements of another. Our understanding of various industries allows us to deliver solutions that address sector-specific payment complexities and compliance requirements.

• Vertical market expertise: Our payment processing services adapt to the unique requirements of different industries. We understand sector-specific challenges and provide tailored solutions addressing your market needs.
• Compliance and customization: Our platform supports industry-specific compliance requirements and offers customization options to match your business processes. This flexibility ensures that our payment processing services align with your operational needs while maintaining regulatory compliance.

Ready to transform your payment processing? Schedule a consultation with our team to learn how Billtrust can help automate your payments services and accelerate cash flow while improving customer satisfaction.

As a leading provider of order-to-cash solutions, Billtrust has spent over two decades helping businesses of all sizes—from growing small businesses to global enterprises—grow revenue and increase profitability through innovative payment processing services. Our AI-powered platform processes billions in payments annually, connecting thousands of suppliers and buyers through our extensive Business Payments Network. We combine deep industry expertise with cutting-edge technology to help finance leaders control costs, accelerate cash flow, and improve customer satisfaction.

What sets us apart isn't just our technology—it's our unwavering commitment to customer success. We believe in spending every dollar like it's our own, listening actively to our customers' needs, and delivering solutions that drive real business value. Our teams work alongside yours to ensure your payment processing services' successful implementation, adoption, and ongoing optimization. Whether you're looking to streamline existing payment operations or undertake a complete digital transformation, we provide the expertise, technology, and support to help you achieve your financial objectives faster.