Side by side

Billtrust vs OpenEnvoy

Both stand on cash application software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Billtrust

Paid APIWeb

Billtrust combines core accounts receivable workflows with invoice delivery, payment, credit and collections tools. Pricing requires a consultation, and its stated customer fit centers on larger B2B businesses with substantial invoice volumes.

Visit Billtrust

OpenEnvoy

Free plan Web

OpenEnvoy combines invoice capture and matching with payment controls and ERP connections. Consider the listed token minimums and unlisted plan prices when evaluating its paid tiers.

Visit OpenEnvoy

The facts

	Billtrust	OpenEnvoy
Free plan	Not published	Yes
Open source	Not published	Not published
Runs on	API, Web	Web
Lowest paid plan	Free or on request	Free or on request
Plans published	1	4
Maker	Not published	OpenEnvoy
Website	billtrust.com	openenvoy.com
On cash application software	#3 of 30	#1 of 30

Billtrust: what it does well

Delivers invoices through email, print, mail and 260+ AP portals.
Accepts major payment methods.
Automates credit decisions and collections tasks.
Reports 95%+ straight-through cash application processing.
Cash Engine and Cash Accelerator can be deployed separately or together.

What to know first

Pricing is on request.
The stated customer segment is B2B companies with $10M+ revenue and mid-to-high invoice volumes.
Card processing cost reduction is stated as up to 30%, not a fixed amount.

OpenEnvoy: what it does well

Essentials includes 800 tokens at no charge.
Unused tokens roll over until used.
Plans include dual control for payments.
Supports purchase-order matching and multiple entities.
Connects with several named ERP systems.

What to know first

Scale requires a 50,000-token annual minimum.
Enterprise requires a 500,000-token annual minimum.
Prices for Essentials, Scale and Enterprise are not listed.

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