Billtrust Named One of New Jersey's Fastest Growing Companies

High Revenue Growth Prompts Recognition

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Oct 04, 2011, 08:00 ET

PRINCETON, N.J., Oct. 4, 2011 /PRNewswire/ -- Billtrust, the leading provider of outsourced billing services, announced today that the company was selected as one of New Jersey's 2011 50 Fastest Growing Companies by NJBIZ. The company received the honor due to its exceptional revenue growth over a four-year period.

A pioneer in the outsourced billing industry, Billtrust streamlines billing processes and minimizes associated expenses for more than 600 clients across North America, including top brands such as Kraft Foods, CDW LLC and Callaway Golf. Billtrust delivers an array of advanced electronic and paper billing products and services that enable clients to easily manage all facets of billing, including design, processing and delivery via electronic presentment or traditional paper methods.

As an industry thought leader, Billtrust encourages paperless bill processing, helping companies meet sustainability goals. With its e-Adoption program, Billtrust supports clients' efforts to move customers into electronic processing to achieve faster payment turnaround times and reduce operational costs.

Flint Lane, Billtrust Chief Executive Officer and President, credits the company's fast growth to its focus on customer needs: "Changes in technology, customer requirements and even the US Postal Service have escalated the need for businesses to adjust their billing processes. The key to our success is offering best-in-class service and support to meet the needs of this evolving market."

Since its inception, Billtrust has continuously improved services and offered innovative new products. This year, the company introduced an enhanced mobile billing application to enable smartphone processing and account management. The company recently completed its first acquisition and has numerous growth and expansion plans for the future.

Recognition as one of the 2011 50 Fastest Growing Companies in New Jersey is the most recent in a series of honors Billtrust and its leaders earned this year. This summer, the company made its fifth consecutive appearance on the Inc. 500/5000 list. Prior to that, CEO and President Flint Lane was named Ernst & Young 2011 Entrepreneur Of The Year® for New Jersey and was honored by inclusion in the Institute of Financial Operations' (IFO) list of the 25 Most Influential Financial Operations Professionals. Learn more about Billtrust at www.billtrust.com.

About Billtrust

Headquartered in Jamesburg, NJ, Billtrust is a premier provider of outsourced billing solutions. The company's flagship product and service suite, called CompleteBilling, consists of paper, fax, e-mail and online billing (EBPP, EIPP). In addition, the company provides expert bill design, in-bill marketing services, and an integrated online customer service tool called CustomerCare. These comprehensive tools automate the billing process, enabling businesses to save money, increase productivity, improve cash flow, and seamlessly migrate to electronic delivery. More than 600 companies rely on Billtrust for their billing needs. For more information, visit Billtrust online at www.billtrust.com.

SOURCE Billtrust