Boulder’s Second Phase bought by NJ firm
BOULDER — Second Phase, a Boulder-based business-to-business e-commerce software solutions company, has been acquired by New Jersey-based B2B order-to-cash solutions firm Billtrust.
Billtrust accelerates cash flow by automating credit decisions and monitoring, invoice delivery, payment capture, cash application, and collections.
The Second Phase acquisition allows Billtrust to streamline and digitize the order-to-cash experience,” according to a company news release.
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Terms of the deal were not disclosed.
“We are excited to join the Billtrust solution portfolio, enhancing our ability to more broadly serve our existing customers and accelerate our growth,” Second Phase CEO Mark Kostovny said.
BOULDER — Second Phase, a Boulder-based business-to-business e-commerce software solutions company, has been acquired by New Jersey-based B2B order-to-cash solutions firm Billtrust.
Billtrust accelerates cash flow by automating credit decisions and monitoring, invoice delivery, payment capture, cash application, and collections.
The Second Phase acquisition allows Billtrust to streamline and digitize the order-to-cash experience,” according to a company news release.
Terms of the deal were not disclosed.
“We are excited to join the Billtrust solution portfolio, enhancing our ability to more broadly serve our existing customers and accelerate our growth,” Second Phase CEO…
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