Growfin vs Billtrust

Growfin is built to tackle complex AR for Mid-Market and Enterprise companies, while Billtrust’s traditional tool adds value to basic AR operations. Growfin enhances your AR capabilities by offering a comprehensive collections CRM with AI-powered risk prediction, self-serve customer portal and end-to-end AR collaboration.
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Trusted by high-growth finance teams around the globe

With Growfin, you can

Reduce Manual
 Effort by
60%
Minimize 

DSO by
33%
Improve Cash
Flow by
27%
Same-Day
Posting
80%
60%
Reduced
Manual Effort
33%
Reduction
oDSO
80%
Same-Day
Posting
27%
Faster Cash
Flow

Let’s Compare Growfin Against Billtrust

Easier to set-up & use

With user friendly interface and intuitive workflows, Growfin is the easiest AR software to set-up and use. Get round the clock exceptional support and meet 100% of your AR needs, everyday!
Growfin
Meets Requirements
9.0/10
8.9/10
Quality of Support
9.3/10
8.8/10
Scaleability
7.4/10
NA
Compliance Control
7.1/10
NA
Overall Product Direction
10/10
8.5/10

Seamless Integrations and Collaboration

Unlock effortless teamwork and make it easy for your sales and CS teams to access AR data, resolve disputes, & update statuses through a dedicated Growfin instance on Salesforce.
Growfin
Integration with ERP
8.7/10
8.5/10
Integration with CRM
8.5/10
8.2/10
Dedicated AR dashboard
within Salesforce
Yes
No
Real-time task
notification on Slack
Yes
No

Complete AR visbility, we mean it.

With live trends and forecasts, consume your AR data like never before. Gain absolute control over your receivables by knowing exactly where things are stuck, straight from your dashboard.
Growfin
Live DSO and ADP trends
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In-depth expandable Aging Buckets
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green tick
red cross
red x mark
Open AR by invoice Status
green mark
green tick
red cross
red x mark
Open Disputes by Type
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green tick
red cross
red x mark
Open Accounts by Email status
green mark
green tick
red cross
red x mark
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Detect and Prioritize risky accounts

With AI-powered Account Prioritization, rank your customers according to Growfin’s Health Score, calculated based on their historical payment data. With a list of your most risky payers at your fingertips, say goodbye to guesswork!
Growfin
AI-based account prioritization
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red cross
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Historical Health Score
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green tick
red cross
red x mark
Risk detection
green mark
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red cross
red x mark

Your Collection Ops Maestro

With Growfin, every collector on your team gets a dedicated dashboard, complete with their target accounts, emails, and their monthly/quarterly targets. Additionally, the team lead can track and monitor each collector’s performance to boost team productivity
Growfin
Task creation
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green tick
red cross
red x mark
Dedicated Collector’s Dashboard
green mark
green tick
red cross
red x mark
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Automatically extract, match & post payments

Experience real-time automated cash posting with Growfin’s AI. Eliminate the need for manual remittances, payment matching, and cash posting.
Growfin
Incomplete Payments
8.8/10
NA
Match Invoices & Payments
8.4/10
NA
Errors & Adjustments
7.6/10
NA
Cash Application
7.4/10
NA

A truly self-serve Customer Portal

With Growfin’s Customer Portal readily available to your customers, they can now log PTPs, help resolve Disputes, and raise Queries, all by themselves—no more broken communication over multiple unofficial channels.
Growfin
Customer Portal
7.4/10
NA
Financial Documents
7.6/10
NA
Customer Portal with
PTP & Dispute logging
Yes
No
View all Payments & Credit notes
Yes
No
View & download all customer Documents
Yes
No
customer portal
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Your custom reports, our Advanced Analytics

Along with an array of advanced built-in AR reports, Growfin lets users create custom reports, empowering them to view their enhanced reports traditionally. Leverage Growfin’s AI and ML-powered analytics to make data-driven financial decisions
Growfin
Status reporting
9.0/10
8.8/10
Customer Credit reporting
8.6/10
8.4/10
Historical reporting
9.1/10
8.9/10
At Risk Customers Analytics
7.6/10
NA
Estimated vs Actual Receipts
7.0/10
NA
Collections Effectiveness
8.2/10
NA
Artificial Intelligence
7.2/10
NA
That’s not all..

Growfin scores above Tesorio in

Integration with ERP
card 1
Integration with Accounting Tools
card 2
Customer Portal
card 3
AI-Powered Analytics
card 4
Product Direction (% positive)
card 5
Trusted by high-growth finance teams around the globe

What our customers say

Veronica Bruce
Controller

We transitioned to Netsuite in May 2024 and Growfin provided a seamless integration. They took the time to partner directly with our Netsuite professional services team to ensure our data was not only secure but remained whole and error-free.

Colleen Lawson
Director of Revenue Accounting Operations

The Growfin-NetSuite integration has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.

Fritz Van de Kamp
CFO

Using Growfin, the percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and average days late has been reduced from 10 to about 7 days. Also, our DSO has been reduced from 45 to 30 days.

Bridgett Crank
Billing & Payroll Manager

We have such a rare way of doing our billing and collections. I love how Growfin has worked with us to customize things to the way we need them. The software is user friendly and the Customer Support has been great.

Jason Lau
Controller

Onboarding has been great. Implementation Manager has been super helpful and been a great partner. Fast responses with quick resolution. We have been asking for a lot of new features and they have been responsive in getting them into the roadmap.

Loren Rock
Accounting Manager

I love Growfin. My favorite feature right now is the DSO calculation, featured on the main dashboard. In our second quarter. we brought in the right amount to make corporate send us a congratulations email.

What our customers say

Older/aged invoices have been getting paid faster. The Growfin team was super helpful during implementation, and their support has been incredibly fast.
-  Henry Dera, VP, Global Controller, FourKites Inc.
Growfin has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.
- Colleen Lawson, Director of Revenue Accounting Operations, Greenhouse
Using Growfin, the percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and average days late has been reduced from 10 to about 7 days. Also, our DSO has been reduced from 45 to 30 days.
- Fritz Van de Kamp, CFO, Air Comm
We have such a rare way of doing our billing and collections. I love how Growfin has worked with us to customize things to the way we need them. The software is user friendly and the Customer Support has been great.
-  Bridgett, Payroll/Billing Manager, MedUS Healthcare

Book a 30-minute Growfin demo and see how we outperform Tesorio.