Riding the Waves - Anonymous employee Billtrust Employee Review

3.0
Feb 22, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A strong commitment to a remote employee base in the US is a positive for the company. Billtrust has announced some strong partnerships over the past 6 months that could lead to stronger market penetration/revenue share in the next few years.

Cons

Billtrust was acquired by an PE firm in late 2022 and has been going through the typical playbook that PE firms use to reduce costs and increase revenue. Overall, this is a good thing for the company, but increases workloads and strains capacity on the employees who are seeing their teams and budgets shrink.

Explore other reviews about Billtrust

5.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Ownership and drive are rewarded

Cons

Lots of org changes after PE camein

2.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Good payment platform for mid-market companies

Cons

If you’re an experienced sales rep, avoid this company. They’ve gone through multiple structural changes over the last year, and another one appears to be coming soon. The PE firm already cleaned house across leadership and brought in a brand new executive team with little to no experience selling accounting software. The organization feels extremely disorganized. Expect heavy micromanagement through tools like Gong and Force Management training. AEs are treated more like glorified BDRs, while SEs control most of the sales cycle. Even getting deals approved internally is painful, with layers of unnecessary approvals slowing everything down. Hardly anyone on the net new logo team made quota last year, and this year appears to be trending the same way. Territories are divided using poor Salesforce data. Out of roughly 250 assigned accounts, maybe 30 actually fit the ICP. Training is practically nonexistent after they let go of most of the training staff, and marketing is ineffective. The one positive I’ll give Billtrust is that the product itself is solid. However, implementation costs can be absurd, sometimes costing more than the subscription fees themselves.

4
See reviews by: Helpful|Rating|Date|All