Billtrust, officially known as Billtrust, Inc., is a leading provider of cloud-based billing and payment solutions headquartered in the United States. Founded in 2001, the company has established itself as a key player in the financial technology industry, focusing on automating the accounts receivable process for businesses across various sectors. With a strong presence in North America and expanding operations globally, Billtrust offers a suite of core products, including electronic invoicing, payment processing, and cash application services. What sets Billtrust apart is its commitment to enhancing the customer experience through innovative technology and seamless integration capabilities. Recognised for its market leadership, Billtrust has achieved significant milestones, including numerous awards for its solutions that drive efficiency and improve cash flow for clients. As businesses increasingly seek to optimise their financial operations, Billtrust remains at the forefront, delivering unique solutions tailored to meet evolving market demands.
How does Billtrust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Billtrust's score of 31 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Billtrust, headquartered in the United States, reported no specific carbon emissions data, indicating a lack of disclosed emissions figures for Scope 1, Scope 2, and Scope 3. However, the company has made significant climate commitments aimed at reducing its greenhouse gas emissions. Billtrust has set ambitious near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by approximately 58.8% by 2034, using 2023 as the baseline year. Additionally, the company aims to decrease Scope 3 emissions by about 63.8% per million USD value added within the same timeframe. These targets align with the science-based criteria necessary to limit global warming to 1.5°C, demonstrating Billtrust's commitment to sustainable practices and climate responsibility. As the software and services sector continues to face scrutiny regarding environmental impact, Billtrust's proactive approach positions it as a leader in corporate climate action.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Billtrust is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.