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Billtrust: Automation Doesn't Necessarily Mean Faster Cash Collection

1 reports1 sourcesupdated 20 hours ago

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AI-assisted source synthesis · not an independent investigation.

On November 2, 2026, Billtrust Chief Financial Officer David Zwick said that automation and cash generation are not the same goal, and that shortening invoice processing time does not mean getting paid faster. A Billtrust survey found that 67% of finance leaders have monthly cash forecast errors of more than 5%; 92% run their credit-to-cash processes across two or more independent systems; and 74% believe traditional automation has failed to address cash flow bottlenecks. Available reporting provided no other timeline details or follow-up measures for the survey.

AI-written from reports · updated 20 hours ago

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Nov 2
  1. PYMNTS
    Billtrust CFO: More Automation Does Not Always Mean More Cash

    Billtrust CFO David Zwick noted that automation and cash generation are not the same goal, and shortening invoice processing time does not mean getting paid faster. A Billtrust survey found that 67% of finance leaders have monthly cash forecast errors of more than 5%, 92% run their credit-to-cash processes across two or more disconnected systems, and 74% believe traditional automation has not resolved cash flow bottlenecks.

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