Billtrust Competitors and Similar CompaniesClear all

Billtrust's competitors and similar companies include AvidXchange and MHC.

	Billtrust Billtrust (also known as BTRS Holdings) is a company that develops an AI-powered accounts receivable (AR) platform.	AvidXchange AvidXchange is a provider of accounts payable (AP) automation software and payment solutions.	MHC MHC Software is a company that develops accounts payable automation and customer communication management software solutions.
Founding Date	Founding Date 2001	Founding Date 2000	Founding Date 1980
Type	Type Private	Type Public	Type Private
Tags	Tags Technology artificial intelligence automation enterprise software fintech payments platform	Tags Technology accounting automation cloud services(SaaS)enterprise software fintech payments	Tags Technology automation compliance data management enterprise software platform
Locations	Locations Trenton, US HQ Ghent, BE Amsterdam, NL Kraków, PL Hamilton Township, US West Sacramento, US	Locations Charlotte, US HQ Birmingham, US Burbank, US Framingham, US Houston, US Sandy, US	Locations Burnsville, US HQ Bucharest, RO
Employees	Employees 8761% decrease	Employees 1,600	Employees 896
Financial
Revenue (est.)	Revenue (est.) $166.4m (FY, 2021)	Revenue (est.) $438.9m (FY, 2024)	Revenue (est.) N/A
Cost of goods	Cost of goods $71.9m (FY, 2021)	Cost of goods $121.8m (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit $94.5m (FY, 2021)	Gross profit $317.2m (FY, 2024)	Gross profit N/A
Net income	Net income ($61.2m) (FY, 2021)	Net income $8.1m (FY, 2024)	Net income N/A
Operating ⚠
Integrations	Integrations N/A	Integrations 240 (FY, 2023)	Integrations 12 (Jul, 2024)
Solutions	Solutions 3 (May, 2024)	Solutions N/A	Solutions 11 (Jul, 2024)
Funding
Total funding raised	Total funding raised $ 305m	Total funding raised $ 1.1b	Total funding raised N/A