Billtrust Welcomes Grant Halloran as New CEO to Propel Innovation in Accounts Receivable Automation
Grant Halloran Takes the Helm as CEO of Billtrust
Billtrust, the frontrunner in B2B accounts receivable (AR) workflow and payment software, has announced the appointment of Grant Halloran as the company's Chief Executive Officer. This strategic move comes as Billtrust aims to harness the power of AI to innovate and enhance its offerings in the accounts receivable space.
A Proven Leader in Software
With over 25 years of experience in the enterprise software industry, Grant Halloran brings a wealth of knowledge and expertise to Billtrust. His most recent position was as the CEO of Planful, a company he led to significant growth, tripling revenue and doubling both the customer base and employee count during his tenure. Prior to his role at Planful, Halloran held leading positions at major firms including Anaplan, Infor, Heavy AI, and Orbis. This impressive track record has earned him recognition as a visionary leader in the software industry.
David Post, Chairman of Billtrust and Senior Operating Advisor with EQT Partners, expressed enthusiasm about Halloran's appointment. "Grant has an incredible track record of helping enterprise software companies scale globally while staying laser-focused on customer outcomes," he noted. This aligns perfectly with Billtrust's mission to redefine finance management for businesses around the world.
Fostering AI Innovation in AR
As companies increasingly rely on technology to optimize operations, Halloran's focus will be on elevating Billtrust's AI-powered solutions. He stated, "I'm thrilled to join Billtrust to serve this talented team and our thousands of customers across the globe." Halloran emphasized the role of AI in transforming the accounts receivable landscape, particularly for mid-market and enterprise organizations that require top-notch efficiency and simplification in cash conversion processes.
Billtrust has recently made significant strides in AI-driven automation within accounts receivable. Innovations such as Billtrust Autopilot, an advanced automated assistant powered by AI, and a robust platform architecture are redefining AR workflows, offering unparalleled efficiency and insights. Dramatically enhancing collections processes, Billtrust has also introduced Agentic Email, enhancements for dispute management, comprehensive credit reviews, and analytics tailored to collections. These tools empower financial teams to resolve issues swiftly, mitigate risks, and ultimately enhance customer experience.
One of the groundbreaking initiatives is the recently launched Collections Agentic Procedures, which autonomously suggests and implements optimal outreach strategies for account management. This initiative sets an unprecedented standard for intelligent AR management, thus reinforcing Billtrust's position as a pioneering leader in the field.
About Billtrust
Founded with the vision to streamline accounts receivable workflows, Billtrust services a wide array of businesses, delivering invaluable services with a keen focus on maximizing customer satisfaction and accelerating payment processes. The company claims to have processed over $1 trillion in invoices, cementing its reputation in the industry.
As companies navigate the complexities of financial management, Billtrust stands at the forefront of innovation, ready to leverage Halloran's expertise to drive forward into a future where financial operations are increasingly automated and efficient. As Halloran steps into his new role, the industry watches closely to see how his leadership will shape the future of accounts receivable technology.