The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 7, 2022. Its latest SEC filing is a SC 13G/A from Feb 10, 2023.
10-Q for Q3 FY2022, filed Nov 7, 2022
The sections below describe the company as of the FY2021 annual report.
Sells cloud-based accounts-receivable software and payment processing services that help mid-market and enterprise businesses manage invoicing, payments, cash application and collections.
10-K for FY2021, filed Mar 9, 2022Billtrust is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate…View ↗
Our solution is at the forefront of the ongoing digital transformation of accounts receivable (“AR”), providing mission-critical solutions…View ↗
As of December 31, 2021, over 2,400 enterprise and middle market customers use or are being onboarded to our platform to help them manage…View ↗
We target middle-market and enterprise companies that serve a wide variety of customers and have high-frequency sales with complicated AR…View ↗
Customers pay recurring fees for access to the cloud software, per-item processing fees based on invoices or payments handled, and contracted fees for implementation and other project services. Subscription fees are invoiced in advance, transaction fees are billed monthly based on activity, and professional services are billed monthly for hours worked.
10-K for FY2021, filed Mar 9, 2022We generate revenue from subscription and transaction models. These models includes subscription, transaction, and services from:View ↗
Subscription fees to provide our customers access to our cloud-based SaaS platform and modules that automate processes across the accounts…View ↗
The Company’s subscription agreements do not provide the customer with the right to take possession of the software, are typically…View ↗
Transaction revenue consists of per-item processing fees charged at contracted rates based on the number of envelopes, invoices delivered…View ↗
Professional services revenue consists of implementation services for new customers, or implementations of new products for existing…View ↗
$166.4M
10-K for FY2021, filed Mar 9, 2022
$166.4M ↗
Mid-market and enterprise businesses with high-volume, complex billing needs use the platform. Billtrust sells largely through its direct sales team and works alongside banks, software providers, and other channel partners.
10-K for FY2021, filed Mar 9, 2022As of December 31, 2021, over 2,400 enterprise and middle market customers use or are being onboarded to our platform to help them manage…View ↗
Our go-to-market strategy is highly targeted, including market-directed demand generation strategies and a direct sales organization. We…View ↗
We target middle-market and enterprise companies that serve a wide variety of customers and have high-frequency sales with complicated AR…View ↗
New Customer Acquisition. Our direct sales team consists of sales representatives that have designated portfolios of accounts. We use…View ↗
No. It lost $61.2M in FY2021.
10-K for FY2021, filed Mar 9, 2022
−$49MView ↗
10-K for FY2021, filed Mar 9, 2022
−$61.2MView ↗
10-K for FY2021, filed Mar 9, 2022
−$11.2MView ↗
10-Q for Q3 FY2022, filed Nov 7, 2022
−$21.2MView ↗
8-K, filed Dec 16, 2022
In connection with the consummation of the Merger, Billtrust requested that the Nasdaq Global Select Market (“Nasdaq”) suspend trading of…View ↗
Competes with Coupa and SAP Ariba
10-K for FY2021, filed Mar 9, 2022The category of AR automation is also emerging, following similar growth patterns as the ongoing digital transformation of AP solutions…View ↗
Loading...
