Finance & Accounting
Accounts Receivable Software
Accounts receivable software automates how businesses invoice customers, chase payment and apply cash — replacing manual dunning emails, spreadsheets and hand-keyed remittances with automated collections workflows, customer payment portals, AI-driven cash application and real-time visibility into what's owed.
This guide compares the leading AR automation platforms on the features that matter to finance teams: collections and dunning automation, cash application accuracy, deductions and dispute handling, credit management, pricing and — critically — how cleanly each one syncs open invoices, payments and applied cash back into your ERP's general ledger.
We frame each option as a buyer would evaluate it: not just which tool sends the most reminders, but which one closes the loop with your system of record so DSO, aging and cash forecasts stay accurate without re-keying.
Compare accounts receivable software
| Product | Works with | Pricing | Deployment |
|---|---|---|---|
| BilltrustAI-powered order-to-cash platform for invoicing, payments, cash application and collections. | SAP, Oracle, NetSuite | Quote-based | Cloud |
| ChaserAutomated accounts receivable and credit control software that gets invoices paid faster. | Xero, QuickBooks, Sage | From £199/month (Compact plan) | Cloud |
| EmagiaAI-powered autonomous finance platform automating order-to-cash, AR and collections. | SAP, Oracle, NetSuite | Quote-based | Cloud |
| EskerAI-driven Accounts Receivable and collections management suite for order-to-cash teams. | SAP, Oracle, NetSuite | Quote-based | Cloud |
| GavitiAI-powered accounts receivable automation for collections, cash application and credit. | NetSuite, SAP, Microsoft Dynamics | Tiered subscription (Standard, Pro, Expert), billed annually | Cloud |
| GrowfinAI-powered accounts receivable platform for collections and cash application. | NetSuite, Oracle, SAP | Quote-based | Cloud |
| HighRadiusAI-powered autonomous receivables platform for cash application, collections and deductions. | SAP, Oracle, NetSuite | Quote-based | Cloud |
| InvoicedAccounts receivable automation platform for invoicing, collections and cash application. | NetSuite, Sage Intacct, Microsoft Dynamics | Quote-based | Cloud |
| KollenoAI-powered accounts receivable and collections automation platform for finance teams. | NetSuite, Xero, QuickBooks | £650 per user/month (BusinessPay tier, billed monthly; £545/month billed annually) | Cloud |
| Quadient AR (by YayPay)Cloud accounts receivable automation platform for collections, credit and cash application. | SAP, NetSuite, Sage | Subscription, feature-based | Cloud |
| SerralaTreasury, payments and cash application automation across the finance cycle. | SAP, Oracle, Microsoft Dynamics | Quote-based | Cloud/On-premise |
| SidetradeAI-native order-to-cash platform automating collections, cash application and credit risk. | SAP, Oracle, NetSuite | Quote-based | Cloud |
AR & Collections add-ons by ERP
Compare only the options that work with your ERP:
What is accounts receivable software?
Accounts receivable software is a tool that manages and automates the order-to-cash cycle after an invoice is raised: distributing invoices, running collections and dunning sequences, offering customers a self-service portal to view balances and pay, applying incoming payments to the right invoices, and handling short-pays, deductions and disputes. Better platforms layer in AI cash application that matches remittances to invoices automatically, credit management that scores customers and sets limits, and analytics on DSO, aging and collector performance. The defining capability for finance teams running an ERP is a two-way sync: the software pulls open invoices and customer master data from the ERP, then posts payments and applied cash back to the general ledger so the ERP remains the single source of truth for what's outstanding. This eliminates the manual export-and-reimport work that makes month-end close slow and makes cash-flow forecasts unreliable.
How to choose accounts receivable software
Collections & dunning automation
Configurable, segmented reminder sequences and worklists that prioritise accounts by risk and value — not just a single flat email blast.
Cash application accuracy
AI/OCR that matches remittances, lockbox files and ACH/card payments to open invoices automatically, including partial payments and multi-invoice settlements.
Deductions & dispute management
Structured workflows to log, route and resolve short-pays, chargebacks and disputes so they don't quietly age on the ledger.
Customer payment portal
A branded self-service portal where customers view balances, download invoices and pay by card or ACH, reducing inbound queries and speeding collection.
ERP / accounting sync
A certified, bi-directional connector to your ERP — NetSuite, SAP, Oracle, Microsoft Dynamics 365, Sage or Acumatica — so open invoices, payments and applied cash flow to the correct GL accounts automatically.
Credit management & reporting
Customer credit scoring, limit workflows and dashboards for DSO, aging, collector performance and cash forecasting so you can see the impact, not just automate the busywork.
AR & Collections that works with your ERP
The difference between an AR tool that finance trusts and one it works around is the ERP integration. A best-in-class accounts receivable platform reads open invoices, credit memos and customer master data straight from NetSuite, SAP, Oracle, Microsoft Dynamics 365, Sage or Acumatica, then writes payments, applied cash and adjustments back to the correct general-ledger accounts and clears the invoices it settled — with the right customer, entity and tax treatment. That closed loop is what keeps DSO, aging and cash forecasts accurate and stops receivables and the GL from drifting apart. Deductions and disputes stay linked to the underlying invoice rather than sitting in a disconnected system. Every product below is profiled with its specific ERP connectors, so you can shortlist only the tools that fit your stack and keep your ERP as the system of record.
Frequently asked questions
What is the best accounts receivable software?
The best accounts receivable software depends on your size, volume and stack. Mid-market and enterprise finance teams running an ERP typically prioritise platforms with certified ERP connectors, strong AI cash application and structured deductions handling; smaller teams often start with a simpler invoicing-and-collections tool with a customer payment portal. Compare the options below by ERP fit, cash-application accuracy, collections automation and pricing rather than by brand alone.
How much does accounts receivable software cost?
Pricing varies widely by model. Lighter invoicing-and-collections tools may start around $50–$200 per month for small businesses, while enterprise AR automation suites covering cash application, deductions and ERP integration are typically quote-based and priced on invoice volume, transaction count or number of users. Some vendors also charge payment-processing fees on card and ACH transactions. Each product page below lists the vendor's published pricing where available.
Does accounts receivable software integrate with my ERP?
Most established vendors integrate with the major ERPs — NetSuite, SAP, Oracle, Microsoft Dynamics 365, Sage and Acumatica — via certified connectors or APIs, syncing open invoices, payments and applied cash to the general ledger. Integration depth varies significantly, so confirm support for your specific ERP and version, and whether the sync is real-time and bi-directional, before shortlisting; each profile below notes the ERPs it connects to.
What features should accounts receivable software have?
Look for automated collections and dunning workflows, AI-driven cash application, a self-service customer payment portal, structured deductions and dispute management, credit management, and reporting on DSO and aging — plus a bi-directional ERP sync so payments and applied cash post to the general ledger automatically. Use the buyer checklist on this page to score each option against your order-to-cash process.