Billtrust Chosen as Finalist for Payments Most Prestigious Innovator Awards

BOSTON, March 7, 2017 /PRNewswire/ -- From a record-breaking field of nominees this year, Billtrust has been chosen as one of the finalist for PYMNT'S prestigious 2017 Innovator Awards in the Best Cash Innovation.  These awards are done in conjunction with the firm's Innovation Project® 2017. Getting to the final round involved weeks of deliberation by investors and payments industry experts, described as the most exhaustive awards vetting process in the payments' industry.

Six finalists across 15 categories will now compete for Gold, Silver and Bronze medals – with winners to be announced, live, at the PYMNTS' Innovator Awards Dinner, the closing ceremony of the firm's two-day Innovation Project 2017. The Awards Dinner is being emceed by Jason Alexander who known by millions for his role as George Constanza on "Seinfeld" and, of course, for making the "fat wallet" famous. This year, new and seasoned payment executives alike will have the chance to interact with him at a dinner honoring PYMNTS Lifetime Achievement Award winner, Women Innovating in Payments and the coveted "Most Innovative" and "Most Disruptive" Players, plus the award winners.

Billtrust is pleased to be among those under consideration for the Best Cash Innovation award for their Quantum Cash Application solution.

"Quantum Cash Application completely changes the speed and accuracy with which companies can now apply cash," said Nicole Dwyer, senior vice president of product strategy at Billtrust. "By automating this process with our proprietary algorithms and supervised machine learning technology, we help clients accelerate cash flow and vastly improve operational efficiency. We are thrilled that our innovative solution is recognized by the PYMTS' Innovator Awards team."

Dubbed the "Davos of Payments," the Innovation Project brings together the most senior executives and thought leaders in payments, commerce and retail each year for two days of closed door, off-the-record discussions held at Annenberg Hall on the campus of Harvard University in Cambridge, MA. * This year, this highly unique and high-powered forum will share their insights on where they're placing their bets as they look ahead to the next decade.

* The Innovation Project® and PYMNTS.com® are not affiliated with Harvard University, nor is the Innovation Project® 2017 a Harvard University program or activity.

About Billtrust: Billtrust accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution. Finance executives and AR specialists love and recommend Quantum, Billtrust's payment cycle management solution, for the remarkable cost savings, ease-of-use, and improved customer satisfaction rates.

Want to know what Billtrust can do for you? See how these clients achieved stellar results: https://www.billtrust.com/clients/testimonials

SOURCE Billtrust