Billtrust Names Larry Irving to Board of Directors

Billtrust, the leading provider of invoice-to-cash solutions, is announcing the appointment of Larry Irving to their board of directors. Mr. Irving will take over as audit committee chair and provide guidance on growth and financial strategies.

"We are excited to bring Larry onto our board as we look to fulfill our ambitious expansion plans,” said Flint Lane, Founder and CEO of Billtrust, “He is a highly respected professional with the right mix of experience and talent to help us realize our vision to revolutionize invoicing and payments. His experienced point of view will be an asset as we continue on our path of rapid growth."

Mr. Irving has had an illustrious career, most recently spending 13 years as CFO of Synchronoss Technologies. During his tenure, he successfully led the New Jersey start-up through an IPO (NASDAQ: SNCR) and was twice named CFO of the Year by the New Jersey Technology Council. Since then, Synchronoss has garnered many awards for its innovative technology platforms and unique business model, appearing on Software 500′s Top 10 Companies, Stratecast/Frost & Sullivan’s Top 10 Global Companies to Watch, Fast50 Magazine’s 500 Fastest Growing Companies, NJBiz’s 50 Fastest Growing Companies, and being named IPO Home’s top Software IPO in 2007.

Sharing Mr. Lane’s enthusiasm, Mr. Irving said, "This is an important time for Billtrust and I’m looking forward to being a part of their story and helping guide the company to an even more aggressive expansion. Their innovative technology has set the stage for great things to come."

Mr. Irving joins a growing mix of Billtrust board members including Matt Harris, Managing Director at Bain Capital Ventures; Mark Miller, Chairman of DicoverReady; Chris Sugden, Managing Partner at Edison Partners; and Stephen G. Waldis, Chairman, President, and Chief Executive Officer of Synchronoss Technologies.

About Billtrust

Billtrust is the premier provider of automated invoice-to-cash solutions, helping businesses improve buyer satisfaction and key payments metrics like DSO. Through integration of three key areas of the payment cycle: invoice presentment, invoice payment, and cash application, Billtrust is committed to helping clients strengthen their cash flow cycles, build robust customer relationships, increase productivity, and seamlessly migrate to online payments. Headquartered in Hamilton New Jersey, Billtrust processed invoices representing over $250 billion in receivables and over $7 billion in online payments in 2014.

For more information, visit Billtrust at www.billtrust.com.

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