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Accordion has formed an alliance with Billtrust to help private-equity-backed portfolio companies release cash trapped in receivables faster. Accordion’s CFO Technology practice will refer and implement Billtrust’s platform for clients across the investment lifecycle.
New alliance and implementation relationship gives portfolio companies faster, more predictable access to cash trapped in B2B receivables.
NASHVILLE, TN and NEW YORK, NY– September 9, 2026 – Billtrust, the B2B Cash Generation Platform, and Accordion, an AI and data-powered financial consulting firm focused on private equity, today announced a new alliance relationship. Accordion’s CFO Technology practice will refer and implement Billtrust’s cash generation platform for its clients: private-equity-backed portfolio companies seeking to convert earned revenue into cash they can predict, defend, and deploy for growth.
Finance teams are under compounding pressure: release trapped cash, improve working capital visibility, and grow without adding headcount. Billtrust brings 25 years of B2B accounts receivable (AR) payment intelligence, a proprietary network of 17.6 million buyers, and AI built on $1 trillion in annual invoice volume to Accordion clients, giving portfolio companies both the platform and the data advantage to measurably improve how fast they get paid.
“Finance teams need cash they can see, predict, and defend,” said Essam Elmadhoun, VP, Channel Sales at Billtrust. “We’re proud to work with Accordion to help finance teams release the trapped cash that’s already on their books and give them the working capital visibility they need to grow.”
“Working capital optimization is one of the clearest value creation levers in a PE-backed portfolio,” said Jeff Goltara, Managing Director at Accordion. “We work alongside our clients to prioritize and validate where that value resides and then move swiftly to capture it. Billtrust’s platform provides another solution to accelerate the cash conversion cycle, reduce complexity, and enable a consistent approach.”
For PE sponsors and their portfolio companies, the combination of Billtrust’s platform and Accordion’s functional and implementation expertise addresses one of the most consistent pain points across the investment lifecycle: standing up predictable AR operations quickly and at scale. Billtrust’s platform connects to more than 40 ERP and financial systems and includes 260 AP portal integrations, cutting implementation time and getting portfolio companies to results faster. Accordion’s experience across hundreds of PE-backed finance transformations means portfolio companies get a team that knows the pressures of the investment cycle and how to move decisively within it.
About Billtrust
Billtrust is the B2B Cash Generation Platform built to release the cash trapped in accounts receivable faster, while maintaining relationships that earn repeat business. Finance leaders use Billtrust as a single, converged system for the full credit-to-cash cycle, converting earned revenue into cash they can predict, defend, and deploy. Powered by the largest B2B buyer network in the industry, with 17.6 million buyers and $1 trillion in annual invoice volume, Billtrust turns AR data into the intelligence that makes cash generation effortless.
About Accordion
Accordion sits at the heart of private equity—where sponsors and CFOs meet. Through financial consulting underpinned by data, technology, and AI, we help clients create value. Our services support the Office of the CFO across all stages of the investment lifecycle—including foundational accounting, strategic financial planning and analysis, CFO-led performance, and transaction support. Accordion is headquartered in New York, with eleven offices around the globe.
Media Contacts
Billtrust: Paul Accardo, PR@billtrust.com
Accordion: Daisy Steinthal, Pro-Accordion@profileadvisors.com