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Billtrust Acquires Order2Cash, A European B2B Financial Software Provider 

PRIVATEFeb 15, 2022

Acquiring Company

Billtrust

Acquired Company

Order2Cash

Hamilton TownshipFinancial ServicesSoftwareMobilePayments

Description

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company’s European footprint, global presence and ability to expand its innovative Business Payments Network (BPN).

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Company Information

Company

Billtrust

Location

Hamilton Township, New Jersey, United States

About

Billtrust is a leading provider of cloud-based software and integrated payment processing solutions to simplify and automate B2B commerce. Accounts receivable is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based. Billtrust is at the forefront of the digital transformation of AR, providing mission-critical solutions that span credit decisioning and monitoring, online ordering, invoice delivery, payments and remittance capture, invoicing, cash application and collections.

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Frequently asked

Who acquired Order2Cash?

Order2Cash was acquired by Billtrust, based in Hamilton Township. The deal was reported on February 15, 2022. Billtrust is a leading provider of cloud-based software and integrated payment processing solutions to simplify and automate B2B commerce. Billtrust is privately held and operates in Financial Services.

When did Billtrust acquire Order2Cash?

Billtrust's acquisition of Order2Cash was reported on February 15, 2022. Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Order2Cash do?

Order2Cash: Yes, you can transform financial management. Gain clarity and control. Automate all order to cash processes with our intelligent platform. It is privately held.

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