Billtrust has acquired software solution provider Second Phase of Boulder, Colo.
Lawrenceville-based Billtrust said on Tuesday that the deal will allow it to continue to consolidate and digitize its business-to-business order-to-cash experience and solutions.
Second Phase provides B2B eCommerce solutions for based on a SaaS (software as a service) Cloud software model. According to Billtrust, the company is the preferred partner for IMARK Electrical, IMARK Plumbing and BLUEHAWK.
“By adding adjacent functionality, this acquisition enhances our capabilities in the order-to-cash cycle and delivers valuable business outcomes to our important wholesale distributor customer segment,” said Steve Pinado, president at Billtrust, in a prepared statement.