Best Accounts Receivable Automation Software Solutions

The First Lockbox Solution for Virtual Cards. Converts virtual commercial card payments into a completely passive straight-through processed (STP) experience for suppliers. Eliminates the need for suppliers to extract card data from email payment requests and manually process payments via hardware or software.

Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI for growing businesses. Versapay integrates natively with top ERPs, while allowing you to collect with a self-serve payment portal and collaborate with customers and teammates to resolve what automation alone can’t. Distinct from solutions built for Fortune 500s, we provide responsive support, fast implementations, and the flexibility to start with what you need and add more as you grow.

Billtrust provides a unified platform integrating various accounts receivable (AR) functions, including Credit, eCommerce, Invoicing, Payments, Cash Application, and Collections, streamlining AR operations and eliminating the need for multiple systems. Their solutions improve cash flow by automating invoicing, payment reminders, and processing, reducing Days Sales Outstanding (DSO). Automation and AI features significantly cut down manual work and associated costs. Billtrust enhances customer experience by offering secure payment options and self-service portals for easy invoice access. Additionally, Billtrust tailors its solutions for specific organizational roles and provides industry-specific resources for over 40 sectors.

Gaviti streamlines the collections process by automating collection actions based on criteria like due dates, invoice aging, payment history, and credit terms. The platform can automatically send reminders, escalate overdue accounts, and initiate other collection activities. Task management and workflow automation features allow for task assignment, progress tracking, and efficient execution of collection activities, boosting team productivity. Gaviti provides analytics and reporting to monitor collection performance, offering insights into collection rates, overdue balances, and team activity to optimize strategies. Improved communication features enable personalized notifications, automated email campaigns, and effective customer inquiry management, enhancing customer relationships. Additionally, Gaviti includes tools for assessing customer creditworthiness and managing credit risk.

Kapittx is a comprehensive tool designed to streamline business processes, making data management more efficient for enterprises. It facilitates seamless integration of systems, ensuring tasks are handled with precision.

Emagia Enterprise Receivables Management System (ERMS) offers a comprehensive solution for managing enterprise receivables with efficiency and precision, addressing essential business needs through advanced automation and integrated analytics.

Auditoria SmartCustomer automates financial tasks, enhances communication, processes invoices, responds to queries, and streamlines collections. Users value its automation, flexibility, integration, and analytics. Its intuitive design simplifies processes, supports compliance, and offers insightful reporting. Improvements are needed in customer support, navigation, customization, performance, integration, and documentation.

Blue Onion helps companies with data visualization and insights. Its valuable features include customizable dashboards and real-time analytics. Users note room for improvement in integration capabilities with certain other platforms. It's praised for simplifying data interpretation while maintaining functionality.