Billtrust Hires Veteran CFO And CRO To Further Accelerate Company Success

  Billtrust Hires Veteran CFO And CRO To Further Accelerate Company Success

New CFO Ed Jordan and CRO Kirk Dauksavage, Each with Proven Experience
Impacting High Growth Curve Companies, will Help Prepare Billtrust for Future

PR Newswire

HAMILTON, N.J., Sept. 19, 2013

HAMILTON, N.J., Sept. 19, 2013 /PRNewswire/ -- Billtrust, the leading
outsourced billing services provider, today announced the addition of Kirk
Dauksavage as its new Chief Revenue Officer and Ed Jordan as the company's new
Chief Financial Officer. The two executives bring a wealth of technology
industry experience, along with proven expertise helping companies achieve
accelerated levels of financial success in competitive market segments.

Jordan spent the last 25 years helping private equity-backed firms prepare for
future investor opportunities. Among his many successes, Jordan led the
acquisition of mobile barcode technology company JAGTAG Inc. as that company's
CEO; he also served as CFO of ITXC Corporation and Dialogic Inc., where he
guided those two companies' IPOs.

Dauksavage's background includes industry-relevant experience gained at
BlueGill Technologies, where as Vice President of Sales he helped prepare the
company for acquisition by CheckFree Corporation. He also served as CEO of
RiverGlass, a maker of analytical software that was acquired by ASG in 2011.
Most recently, Dauksavage worked at enterprise IT solutions leader ASG
Software Solutions where he was Executive Vice President, Global Sales and

"Billtrust has an exceptional record of success, having been on the Inc.
500/5000 list for seven consecutive years and attracting major funding from
Bain Capital Ventures. As we look toward our next chapter, the time is right
to bring in the next level of senior leadership," said Flint A. Lane,
Billtrust CEO and President. "Ed and Kirk each have the unique blend of
experience and knowledge we need in our financial and business development
areas. We welcome their contributions to our executive team."

"Billtrust is on a tremendous growth curve and is positioned especially well
for future success from the financial and operations points of view," said
Jordan. "The company has a great team and a dominating product position, which
contributes to my enthusiasm in being here. I'm looking forward to helping
Billtrust expand its position as the leader in outsourced billing services."

"I've been fortunate to have been part of very successful companies in the
past. The opportunity to help Billtrust realize its own potential is very
exciting," commented Dauksavage. "I welcome the chance to get back into the
payments space—a segment in which there is a huge upside for development."

About Billtrust
Headquartered in Hamilton, NJ, Billtrust is a premier provider of outsourced
billing solutions. Its products and services help companies' billing practices
become "Customer-Centric," a concept that emphasizes flexible accommodation of
customer needs. Billtrust's billing channels span paper, fax, e-mail, online
billing (EBPP, EIPP, Invoice Central), eBanking and IVR. In addition, the
company provides expert bill design, in-bill marketing services, and
CustomerCare, an integrated online customer service portal. Billtrust's
comprehensive tools automate the billing process so businesses can save money,
increase productivity, improve cash flow, and seamlessly migrate to electronic
delivery. For more information, visit Billtrust online at

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SOURCE Billtrust

Contact: Patrick Reilly, SS|PR, (609) 750-9103,
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