SPAC South Mountain Merger to combine with Billtrust in deal with $1.3 billion enterprise value
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SPAC South Mountain Merger to combine with Billtrust in deal with $1.3 billion enterprise value
adminnOctober 20, 2020
About Billtrust SMMC
Billtrust digitally transforms accounts receivable and B2B payments processes. Our SaaS ( Software as a service (SaaS /sæs/) (also known as subscribeware or rentware) platform achieves this by enabling automated order capture, credit decisioning and monitoring, invoice delivery, payments and remittance capture, cash application and collections. In addition to the platform, we have a dedicated team helping companies achieve their objectives. Billtrust’s eSolutions customer success team has helped thousands of companies move from paper invoice presentment to electronic, and now from paper check to electronic payments. Our solutions are deeply integrated into the banking and AP ecosystems with Billtrust’s Business Payments Network (BPN) which allows suppliers to fully automate invoices into AP portals, and receive digital payments and remittance data without human intervention to apply the cash.
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