#1 Billtrust Alternative

Why Settle for Slow, Disconnected AR? Upgrade to HighRadius Integrated Accounts Receivable Solution

  • Reduce past-due AR, cut bad debts
  • Improve working capital while scaling globally
  • Built specifically for mid to large-sized businesses

Schedule a demo to see the HighRadius difference

Trusted By 1000+ Accounts Receivable Teams Globally

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Guaranteed Results with HighRadius’s Integrated Accounts Receivable

Credit

  • 70% Faster Customer Onboarding
  • 3x Credit Reviews per day
  • 30% Reduction in Blocked Orders

Collection

  • 2X Collection Calls
  • 3x Collection Emails
  • 4X Weekly Past Due Coverage

Cash Application

  • 90%+ Item Automation rate
  • 40% Faster Exception Handling

EIPP

  • 100% Automated Invoice Delivery
  • 30% Increase in Electronic Payments Adoption

Deductions

  • 80%+ Claim Backup Aggregation
  • 30% Improvement in Avg Days to Resolve
  • 2x Deductions Resolved per day
1
  • 70% Faster Customer Onboarding
  • 3x Credit Reviews per day
  • 30% Reduction in Blocked Orders
  • 2X Collection Calls
  • 3x Collection Emails
  • 4X Weekly Past Due Coverage
  • 90%+ Item Automation rate
  • 40% Faster Exception Handling
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  • 100% Automated Invoice Delivery
  • 30% Increase in Electronic Payments Adoption
  • 80%+ Claim Backup Aggregation
  • 30% Improvement in Avg Days to Resolve
  • 2x Deductions Resolved per day

HighRadius vs Billtrust: What Sets Us Apart?

Beyond basic automation, discover the key features of HighRadius and Billtrust that help you achieve real measurable results

HighRadius

Job-level customization available for credit application form templates

Integrates with 40+ credit and insurance agencies for a holistic credit portfolio

AI-based blocked order prediction with recommended solutions

Pre-built & configurable credit risk scoring model

Automates risk alerts based on real-time customer monitoring

Billtrust

No job-level customization for credit application form templates

Integrates with a limited number of credit agencies.

No blocked order prediction is available

Pre-built credit risk scoring model with no customization option

Only predicts long-term business viability & near-term payment risk

HighRadius

Centralized email inbox with GPT-enabled automatic email response templates

AI-driven prioritized worklist offering a complete view of the entire portfolio

One-click calls with an in-app dialer that automatically logs all calls

Automatically pulls updates from customer/AP portals, creating P2P and disputes in the system

Captures notes, and suggested actions with advanced NLP & Voice to Text capabilities

Billtrust

Centralized email inbox with limited response templates.

Excel-type view with a list of accounts and limited fields.

No inbuilt dialer is available

Requires manual login to every portal to download information

Analysts must manually create notes, P2P, and reminders

HighRadius

AI-driven email remittance data capture retains character-level context and automates payment and remittance linking

Embedded web aggregation engine to automatically download remittances

Automated emails for open AR review, configurable matching rules

AI-enabled matching with multiple references, partial invoice matching

Out-of-the-box advanced EDI parsers capture additional remittance data effortlessly

Billtrust

OCR-based remittance capture, loss of textual context, and manual payment linking

3rd party integration for capturing remittance from the website

Basic amount-based matching rules, risk of clearing wrong invoices

Limited to invoice and PO numbers; no partial invoice matching is available

Manual creation and maintenance of EDI mapping rules for additional fields

HighRadius

Enterprise solution for Fortune 1000 companies, supports multiple languages and payment modes

Comprehensive customer experience with dashboards and smart notifications

Billtrust

Offers a print & mail service with a solution for e-Invoicing which several SMB companies use

Offers a basic online bill pay option, missing digital engagement opportunities

HighRadius

Auto-translate deduction claim reason code to ERP-specific code

Provides AI-based deduction, validity predictor

Faster trade resolution with auto-matching

Billtrust

Billtrust does not provide a deduction solution in their unified AR platform

A Clear Global Choice For Accounts Receivable Platform

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Named a Leader in G2 Grid® Report for Credit and Collections | Spring 2024

hackett_ppc

Recognized as a Digital World Class® Vendor in 2024 Hackett Report for Order-to-Cash Software Evaluation

momentum-leader_ppc

Named a Leader in G2 Momentum Grid® Report for Credit and Collections | Spring 2024

HighRadius is rated higher across categories

According to Gartner Peer Insights- HighRadius ranks higher across these different categories

User Experience

HighRadius
4.6
Billtrust
4.3

Process Automation

HighRadius
4.6
Billtrust
4.3

Customer Service $ Support

HighRadius
4.4
Billtrust
4.3

Ease of Integration

HighRadius
4.3
Billtrust
4.2

See How Customers Use Accounts Receivable Software to Grow the Cash Flow

Does Billtrust Meet All Your Receivable Needs?

Many have chosen HighRadius for its scalable AR solution that's easier to set up and demands minimal training.

It truly automates the entire order-to-cash process, even including deductions management, in a single workspace.

Real Customer Reviews on Gartner
Very slow in letting you know their system is down. We usually can notice that there are delays in their system hours before they send an email.
The error rate with the keying team is unacceptable. There is no escalation path for urgent issues. Service is inconsistent.
Customization - Most items are standard offers with little changes allowed Billtrust org overall communication. There can be very short notice of changes and rollouts.
Real Customer Reviews on Gartner

HighRadius is the #1 choice for global companies when it comes to AR automation