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Billtrust: Upgrades business payments network

May 20, 2021

Billtrust makes it easier for B2B companies to get paid the leading innovator in AR automation for nearly two decades and continue accelerating
Announced the next major version of its Business Payments Network 4.0 (BPN) during its Billtrust Summit 2021 event
BPN 4.0 now supports the bi-directional exchange of transactional data and documents, enabling invoice presentment to accounts payable portals
BPN, an open network supporting buyers and suppliers allowing both AP and AR platforms to exchange invoices, payments
These new BPN benefits designed to help suppliers seeking ways to address increasing buyer demand to deliver invoices through AP
The network saw a strong increase in unique bank and fintech payables platforms directing payments to suppliers through BPN