Accounts Receivable Software
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FreshBooks Software
FreshBooks is an agile accounting software that makes financial management seamless. Small businesses and freelancers can benefit from its user-friendly interface and powerful features. Discover how FreshBooks software can transform your financial management processes and more.
NetSuite
Drive your organization forward with Netsuite, a robust ERP solution. Seamlessly integrate financials, streamline operations, and gain real-time insights. From scalable solutions to adaptive workflows, it empowers businesses for growth and efficiency. Elevate your enterprise and get started with suitable Netsuite pricing.
Deltek Vision
Deltek Vision, a robust suite of ERP solutions, empowers organizations to seamlessly navigate and optimize their project lifecycle. Tailored for project and service-based firms, it ensures real-time insights, financial control, and streamlined processes. Elevate your project management with Deltek Vision. Schedule a demo for a firsthand experience today!
DealerCenter
DealerCenter streamlines accounting tasks for automotive businesses, offering intuitive features for efficient financial management. While it may require initial familiarization, its tailored solutions prove invaluable for automotive professionals. DealerCenter stands as a reliable partner in navigating complex financial processes, ensuring seamless operations.
Workday Enterprise Resource Planning (ERP) Tool
Workday ERP software offers comprehensive solutions for enterprise resource planning, taking things a step ahead with its enterprise management cloud. While navigating it may be challenging at times, its scalability and real-time insights make it a useful asset for businesses aiming for efficiency and growth.
Odoo
Odoo transforms business operations through a powerful open-source suite of integrated applications. Its scalability, and user-friendly interface offers a comprehensive set of features for businesses of all sizes and industries. Initial implementation of the software can be challenging but overall, it is a good choice for business evolution.
Brokermint
Brokermint provides real estate with a back-office management platform offering interesting tools and features to streamline administrative tasks for real estate professionals. While some users find difficulty with the reporting feature, the functionality for transaction management, commission tracking, document storage and task management are a highlight.
Wave Accounting Platform
Wave accounting platform software offers a seamless solution for managing finances with its intuitive design and practical aspects. Useful features such as professional invoicing, mobile receipts and payroll make it worth the learning curve. It is a good choice overall, to simplify accounting tasks and drive success.
Oracle JD Edwards EnterpriseOne
Oracle JD Edwards EnterpriseOne is a cloud-based solution offering Enterprise Resource Planning (ERP) and supply chain management services to small, midsize, and large businesses. Oracle, combined with JD Edwards provides users with a vast collection of powerful and innovative apps to manage workflows in several sectors including finance, consumer goods, human resources, distribution, and manufacturing. The solution combines business value, standards-based technology, and deep industry insights at a low ownership cost.
Key features include financial management, project management, human capital management, order management, CRM, manufacturing, supply chain planning, logistics, reporting, and business intelligence. Real estate management, environmental health, asset lifecycle management, and safety and commodity trading are also offered among many other modules.
The solution is scalable and is compatible with hardware, virtual servers such as Oracle VM and VMware, and operating systems such as Microsoft Windows, Linux, AIX, and IBM I5OS and databases such as SQL, Oracle, and DB/2. Support for the smartphone web browsers is also provided.
Pricing: Not provided by the vendor.
USP: Oracle’s One-Click Provisioning tool enables its users to deploy JD Edwards on the Oracle Cloud within hours instead of days. Integration with IoT (Internet of Things) is offered that delivers higher profitability and competitive differentiation.
Support: Support can be reached online.
Product Advantages: JDE E1 is highly adaptable, highly accurate, highly configurable, and allows for granular security. Robust reporting tool and seamless integration with all third-party tools.
Product Limitations: Some functionalities are too complex to configure. Cross-reference facility is not intuitive and hard to set up.
Activity HD
AcrivityHD by nQativ is a web-based SaaS ERP accounting software geared towards small to midsized businesses. ActivityHD allows users with advanced tools to filter and present data, plus security features to meet data confidentiality guidelines by the authorities. ActivityHD offers enough flexibility in its functions to cater to a range of industries including software and technology, transportation, oil and gas, and healthcare. It interfaces with several third-party software applications, facilitating efficient data transfer and eliminating the need for manual entry.
The solution offers SME companies with a vast variety of payroll processing tools such as benefits management, deductions management, direct deposit, 401k tracking, Multi-State, a self-service portal, benefits management, tax management, vacation, leave tracking, w-2 preparation, wage garnishment, check printing, and Reporting/Analytics tools.
It also offers integrated accounting applications that include bank reconciliation, fixed assets, accounts receivable, report writing, accounts payable, purchasing, and document management.
Pricing: Pricing is only provided by the vendor upon request. A free trial is offered.
USP: This ERP system is capable of handling complex general ledger and payroll situations, yet easy enough to use in less demanding environments.
Support: Online support, and business hours support is provided.
Product Advantages: Robust interface and a rich feature gallery. Highly flexible with great customizability options. Top-notch customer support.
Product Limitations: Transaction processing isn’t as intuitive as it should be as it requires too many unnecessary steps. Some aspects are very complex and advanced, should cater to more basic needs too.
QuickBooks
QuickBooks Enterprise is an accounting solutions suite that offers end-to-end accounting services for growing businesses and non-profit organizations. The software is designed to integrate tasks like payroll, payables, inventory tracking, and more. There are functionalities to manage multiple users, locations, inventory workflows, or large amounts of transaction data. The software offers tailored reporting tools with MS Excel integration for users to analyze data efficiently and make information-based business decisions.
Tools for scanning attaching multiple documents including receipts and quotes are also offered. These tools enable businesses to carefully arrange documents into categories and subcategories to keep track of important accounting data files. The solution also maintains a change log to record changes within each document with the proper date and time stamp. The solution allows businesses to track employee information and ensure necessary regulatory compliance.
QuickBooks Enterprise caters mainly to small-midsize businesses across several industry verticals including construction, manufacturing, distribution and retail.
Sage Intacct
Sage Intacct is a best-in-class cloud accounting and ERP software and is the preferred cloud financial management application for the AICPA. The software provides real-time financial and operational insights to small and midsize businesses as well as the ability to automate critical processes.
As the only AICPA-preferred financial management solution, Sage Intacct financial management software delivers the automation and controls around billing, accounting, and reporting that finance needs to reduce errors, stay audit-ready, and scale the business. Sage Intacct helps CFOs access integrated management and financial reports across their business entities within minutes instead of days allowing them to grow and drive their businesses.
The solution provides an array of core accounting functions such as accounts payable, accounts receivable, general ledger, cash management, and order management. It also offers built-in reporting and dashboards, project accounting, fund accounting, time and expense management, financial consolidation, revenue recognition, subscription billing, contract management, inventory management, and financial reporting applications, all delivered through the cloud.
DENALI Business
Denali Business, a Cougar Mountain product, is an accounting software geared towards small to midsize businesses. The solution has the ability to customize 10 integrated modules. The primary goal of this software is to scale the business needs while maintaining a consistent audit trail. The system offers both, on-site and cloud-based deployments. Denali is equipped to help users effectively monitor and control the flow of business assets.
Key functions include multi-location inventory management, reporting, auditing, data analysis, and regulatory updates. For charities and other non-profit organizations, it has a Denali Fund app that offers grant, donation, event, and overhead accounting making the management of both restricted and unrestricted fund accounts easier, while ensuring all transactions are fraud-free. More features include individual user rights, internal controls, audit trails, customizable reports, rental equipment tracking, and GAAP and FASB compliance. Business intelligence provides dashboards, predictive analytics, and pulse alerts.
Functionalities to deal with multiple invoices, clients' information, and collection status are also offered. Several add-ons features are available including a payroll system, purchase orders, bank reconciliation, and mobile accounting.
Pricing: Pricing is based on a one-time payment model. Three different packages are offered: Denali Basecamp ($1999/user), Denali Ascent ($2999/user), and Denali Summit ($4999/use). A free trial is also offered.
USP: The most efficient tool to organize and manage finances with complete transparency. Scalability to add more modules, services, and add-ons to meet the growing needs of a business.
Support: Support is available via phone and email.
Product Advantages: Robust and reliable product. Great value for money. Top-of-the-line support.
Product Limitations: Cumbersome and dated interface. Inconsistencies in accounting payrolls.
Xero Accounting Solution
Xero is a web-based accounting solution offering robust and complex accounting tools to small and medium-sized businesses in all industry verticals. Xero provides them with a direct gateway to connect with their banks, accounting tools, their accountant, payment services, trusted advisors and integration with +700 third-party apps through secure, readily available channels at all times via any device. The software currently caters to 1,000,000 users and over 16,000 accounting firms.
The software's accounting and bookkeeping functionalities provide users with efficient compliance tools, a practice management solution, and a cloud-based unified accounting ledger for every client, in one place. The solution now also comes with a project management feature, which wasn’t previously included. With Xero's robust accounting features, small businesses can view their cash flows, transactions, and account details from any location. Online payments allow users to track and manage expenses as well as improve relationships with critical business material suppliers. There are also features that automatically import and code all business transactions accurately.
Pricing: Four pricing packages are offered: Starter ($9/month), Standard ($30/month), and Premium 10 ($70/month). A 30-day free trial is also offered.
USP: Offers all the right tools to manage money in and out of your budgets in a way that will coincide with your business goals and long-term missions. You can also manage personal expenses with the mobile review.
Support: Support is extended via email, phone, live support, and tickets.
Product Advantages: Xero is easy to use and user-friendly, and accumulates highly ranked features that help close crucial accounting gaps. A handy tool for financial management. Easy to set up, no maintenance or hardware costs.
Product Limitations: Importing and exporting data is not very easy. The Payroll module could use improvements.
ClearView InFocus ERP
Clearview InFocus is a project-based ERP solution built for architects and engineering firms to manage their project lifecycle from the opportunity to project completion with tools for real-time accounting, billing and time and expense. Geared towards mid-to-large Architecture and Engineering firms, InFocus offers a success-oriented all-in-one product for one industry so AE firms have access to tailored support and innovation to win more business.
The software offers a variety of innovative and robust features including customizable report-building and invoicing capabilities, marketing, and sales customer relationship management tools, interactive Gantt control, tools for automating workflows, multiple levels for work breakdown structure, business intelligence with analytics dashboards and more. These features combined with InFocus's API management layer and cross-database analytics, integrated in real-time, give Clearview a competitive edge over any other ERP solution in the market. Both cloud-based and on-premise deployments are available.
Pricing: Pricing packages are license-based. For the cloud-based version, it costs $29/month and for the annual package, $24/month. For the in-house version, there is a one-time license fee of $495.
USP: All-rounded ERP systems with high customizability and scalability in attractive low prices make InFocus an ultimate choice for growing AE firms.
Support: Support is available via phone, email, online tutorials, and self-guided courses.
Product Advantages: It's easy to navigate. Intuitive interface. Great support. Customization in data presentations, security, permissions, and reports.
Product Limitations: Requests take approximately 4 times longer to process than when we tested it as a local SQL installation. No integration support with external payroll software.
Aplos
Aplos is a cloud-based accounting software solution designed for churches and non-profit organizations. It comes in two options: a stand-alone system or the accounting solution within an integrated suite. The software was founded in 2009 and its cloud-based, non-profit solution was released in 2011. It has helped over 40,000 organizations, in more than 50 countries, with more than $200 million in transactions.
Aplos accounting tool includes features like fund transactions, budgeting, bill tracking and payment, invoicing, financial reporting, manage finance, track cash flow etc. The integrated suite option includes all of the accounting tool features with online donation management, contribution management and reporting functionalities.
The solution includes creation of balance sheets, income statements, fund balances, and allows to create custom reports and storing contributor’s information in a single, central repository to keep track of all the event records, personal data, donation history and more. It caters to non-profit organizations and churches of all sizes. Aplos demo can be requested upon request, they also offer a 15-day free trial period.
Xledger ERP
Xledger is an Enterprise Resource Planning (ERP) solution for mid-sized and large businesses. It was designed for the cloud so that it can easily be accessed from anywhere and at any time. This ERP solution was created by keeping the customers in mind. It provides automated ERP solutions to 10,000+ clients in 50+ countries.
The software has three value pillars that it follows: automation, insight, and scalability. It automates the processes ranging from bank reconciliation to invoice entry. Provides real-time insight which supports the decision-making process. It helps businesses grow in size and scope without the need for extra personnel required to operate, support and maintain data on the ERP system.
Xledger provides features like billing, invoicing, real-time reporting, graphs, dashboards, time and expense tracking, business intelligence and analytical tools, workflow collaborations, payroll management, asset management, accounts receivable and payable management, etc. The changes made by users are in real-time, making the data accurate and reliable.
The software offers its services on a monthly subscription basis.
Accurate Legal Billing
Accurate Legal Billing Inc is an AI-enabled platform that helps law firms prepare and submit error-free invoices that are always 100% compliant with their clients' billing guidelines. Using ALB, fee earners can track their time anywhere, using any device. ALB is suitable for law firms of all sizes and types, ranging from solo practitioners to international law firms.
Salient Features include:
1. Daily Activity Capture
2. Automated Bill Review
3. Performance Metrics and Reports
4. Budget Preparation and Tracking
5. Invoice Conversion to Multiple Formats
6. Multilingual and Multicurrency Invoice Prep.
ALB offers easy implementation and integration services, along with consultations for developing requirements and performing audits to ensure that timekeepers and the firm, in general, are meeting the firm’s goals and targets.
ALB further offers services of eBilling recovery. Using ALB, firms can send out GNCs for approval to the claim adjuster easily using the system.
ALB 2.0 presents Time Entry Cleansing: Law firms can submit prepared invoices that are cleansed by removing non-compliances after highlighting them and providing adequate suggestions for making them compliant.
Concur
SAP Concur is among the largest global providers of integrated expense and travel management solution that also provides invoice services to finance executives with an aim to simplify and automate these daily computations. It enables executives to monitor expenses and cash flows related to travel expenditures. The app integrates almost real-time data with AI audited transactions that provide businesses complete transparency over what is being spent on which projects without any blind spots or undocumented expenses.
The software’s Travel and Expenses application offers features to customize trip planning processes allowing managers control over which requested adjustments. to approve or decline. The module offers a wide inventory of global travel distribution systems, including negotiated prices and web-only fares. automated alerts with the finance team are also offered as well as reports and dashboards.
The Invoicing module offers automated accounts payable processes by utilizing templates and predefined reports. It also offers a self-service portal for suppliers customized workflows and automated vendor payments with ACH, checks, and credit cards. Concur’s Intelligence feature enables employees to create customized dashboards, providing a summary of multiple reports that enable finance managers to track travel expenses.
Support for iOS, Android, Blackberry, and Windows phones is offered with a full feature suite available.
Pricing: The software offers the Basic version for small businesses for $8/month, while pricing details for other packages are provided upon quote.
USP: SAP Concur is the most widely use T&E management solution worldwide for its seamless tracking and scalability to serve small businesses to large business conglomerates effortlessly.
Support: Support can be accessed via phone and FAQ.
Product Advantages: Feature to automate data collection from receipt images is a huge benefit. Broad inventory choice of global travel suppliers including negotiated rates.
Product Limitations: Receipt management is not intuitive and well organized. T&E interface is dated. The recent updates have made the software harder to use.
Financial Edge
Financial Edge NXT, a Blackbaud product, is a cloud-based accounting solution geared towards non-profit and governmental organizations to help them effectively manage, automate and monitor several organizational projects and teams at the same time. These could be relating to compliance, financial stewardship, security, or follow-throughs; Financial Edge provides users with a robust platform to perform fund accounting with a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more tools offered within a single mainframe.
Financial Edge enables its users to manage transactions, eliminate manual processes, and securely share information in an instant by providing them with personalized dashboards and customizable views. This way users can closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Other innovative offerings include one-click drill-down functionality in real-time reporting, and export capability, and ongoing data-driven decision making.
Pricing: Not provided by the vendor.
USP: Advanced tools to eliminate manual processing of things with enhanced accuracy of data entries. Offers project accounting with streamlined budget management.
Support: Support can be reached via phone and email.
Product Advantages: The software is highly flexible. It provides an effective way to monitor accounts and generate reports.
Product Limitations: Highly overpriced for SME businesses. There is a steep learning curve because of the complexity of the offered functions.
Microsoft Dynamics SL
Microsoft Dynamics SL is a business management ERP (enterprise resource planning) offering powerful project and service-based organizations such as professional services firms construction companies, heavy equipment rentals, government contractors, and engineering firms, etc. The software constitutes multiple modules including financial management, IT management, business intelligence, collaboration, accounting, field service, supply-chain management with innovative features to back them.
Dynamics offers the latest Power BI and integration with a wide list of commonly used famous business tolls and software including Microsoft’s native suite of tools, Windows, Oracle, Salesforce, Skydive, Sybase, and many other industry-specific tools and add-ons. These capabilities allow users to benefit from the full extent of the software’s own set of functionalities, resulting in enhanced efficiencies and optimized performance.
The system offers on-site deployment, and the option to host and add services like online training and support. The application runs on the Microsoft SQL Server database platform.
Pricing: Pricing for the basic package is around $2000 and for businesses, the software costs $2250.
USP: The software operates on Windows and .NET frameworks extending the benefit of sharing Microsoft as a common developer. Solution for everything from job costing, materials management, service call entry, receiving, to billing, and sales solution.
Support: Support can be reached by phone and email.
Product Advantages: Easy copy and paste feature for general ledger from Excel. The software interacts well with a number of Microsoft products and functionalities.
Product Limitations: Not as flexible as it should be.
TimeSolv
TimeSolv is a cloud-based time tracking and billing solution that caters to accountants, consultants, architects, lawyers, and freelancers, helping them manage daily business operations. Users can keep track of all their expenses and increase their revenues by ensuring that every billable minute is input into the system and get paid more quickly. The solution runs smoothly both offline and online. Compatibility with PCs and Macs, iPad and other tablets, iPhones, and Android apps is provided.
The project management module comes with billing functionality that combined with time tracking and auto task-assigning, enables users to track billable hours and budget in real-time. TimeSolv offers a customizable platform for streamlining the financial workflow for seamless and fast payment processes integrated with current and legacy systems. With case management, users can organize and store data as well as utilize auto-filling standard formatted documents with document automation.
The solution offers integration with various third-party software for smooth data transfers. The application’s integration with various credit card payment processing services provides clients with a portal where they can make payments, review transaction history, replenish trust funds, and more. Two-way integration with Quickbooks, Xero, Dropbox, and NetDocuments.
Pricing: Pricing is offered on a monthly subscription basis. There are two pricing plans, Legal ($34.95/user/month) and Pro ($19.95/user/month). A free trial is also available.
USP: With the capability to accurately track time, users can gain critical insights when bidding and making budgets for new projects. TimeSolv also provides better clarity to ongoing projects as it enables users to readily itemize their transactions by task, frequency, client, etc.
Support: Support is extended via phone and email.
Product Advantages: The freedom to access it anytime, anywhere with or without internet availability. Fairly intuitive and easy to learn. Great customer support. Regular painless updates.
Product Limitations: Steep learning curve but that is because of the complex functions of the system. No online reporting functionality.
ProjectPro
ProjectPro is an all-in-one construction accounting software made on the Dynamics 365 Business Central Platform. From estimates to bid planning, the software is designed to meet the needs of all types of contractor and subcontractor firms such as General Contractors, Electrical, Mechanical, HVAC, Earthwork, Paving, Commercial Renovators, Kitchen & Bath remodeling, Flooring contractors, Solid Surface Countertop contractors, Utility, and Mining contractors.
The software has advanced CRM, ERP, and Project Management capabilities that can help you work on job quoting and proposals, job procurement, material planning, progress billings, subcontract management, change order management, payroll integrations, certified payroll reports, and field productivity features like timesheets.
CloudEagle
DescriptionCloudEagle helps Finance, Procurement, and IT teams get visibility into their software spend, save on SaaS spend, and streamline their buying and renewal processes.Essentially, they are taking away the painful tasks of managing software vendors and optimizing costs so companies can focus on growing their businesses.Their platform gives you actionable insights to negotiate with your SaaS vendors so you can maximise your software ROI and all the tools to manage your SaaS stack efficiently.They call it the three S’s to saving - See, Save, StreamlineTheir customers save up to 30% on their software spend and hundreds of hours buying and renewing software.They have transacted $500M in transactions through their platform and recorded $50M+ in savings.They offer a savings guarantee; in the rare case that they are not able to save on customers' software spend, they refund their fees back to customers.
Collexo
Collexo brings together everything that your organization needs to make your fee collection process easier, faster, and secure.Collect any type of fee (one time, partial, or a recurring payment) in seconds, anytime, anywhere - through all student touchpoints and channels, be it from your website, via payment links, or directly via your existing ERP. It offers all methods of payment at one place - from Online, Cheque/DD, to Offline Cash Payment and instant Financing. Collexo empowers you with a robust reporting engine with run time settlement reports, finance dashboards, payment workflows, communications, late fee, and more. The inbuilt communication suite allows you to automate your reminder communications and send real time emails/SMS/WhatsApp to your students.No more struggling with multiple payment gateways, manual reconciliation, cumbersome taxation and suspense entry identification. With Collexo, transform the way you Collect, Manage, and Track all your fee payments.
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