Being named as a Leader in IDC MarketScape for Worldwide Accounts Receivable Automation Applications for the Enterprise and Small/Midmarket 2024 Vendor Assessments is no small feat. We believe his recognition validates our dedication to innovation and to delivering solutions that enable businesses to manage and optimize their accounts receivable processes with ease.
Per the reports, Billtrust’s strengths are:
- Unified experience: “The unified platform enables customers to have an uninterrupted, AI-powered, complete view of customer activity across the entire AR process.”
- Reporting and data analytics: “Billtrust's solutions feature dynamic reporting and dashboards.”
What's inside:
Here's a glimpse at what the reports highlight:
Enterprise Vendor Assessment
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5-year timeframe. Supplier market share is represented by the size of the icons.
Large organizations face challenges revolving around inefficiencies that negatively impact financial operations. We believe Billtrust helps address these concerns with:
- AI-driven cash application that ensures accurate and efficient matching of payments to invoices.
- Comprehensive compliance solutions, enabling global operations with confidence.
- Dynamic reporting dashboards that enhance visibility and strategic financial planning.
Download the Enterprise excerpt for free
Enterprise Report
Small and Midmarket Vendor Assessment
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5-year timeframe. Supplier market share is represented by the size of the icons.
Small and medium-sized businesses (SMBs) are often encumbered by limited resources. We believe Billtrust’s AR solutions help SMBs overcome these limitations by:
- Automating repetitive tasks, enabling AR teams to focus on strategic operations.
- Reducing average days sales outstanding (DSO) and improving cash receivables.
- Enhancing AR workflows with tools that are easy to adopt, scale, and integrate.
Download the Small and Midmarket excerpt for free
Small and Midmarket Report
Why this matters:
We believe Billtrust’s position as a Leader signifies more than just an industry accolade—it’s a testament to how modern AR solutions can transform financial operations. Placing a focus on critical functions such as improving customer experience, expanding your team’s scalability for growth, and future-proofing your practices with advanced AI will make a significant difference in the long-term health of your organization.