Efficient accounts receivable (AR) management is essential for maintaining healthy cash flow and long-term financial stability. As businesses expand, manual processes like spreadsheets and follow-up emails often become unreliable, causing payment delays, errors, and overlooked invoices.

That’s where accounts receivable software steps in, delivering automation, real-time visibility, and end-to-end control over the invoice-to-cash cycle.

This guide highlights the best accounts receivable software built to streamline billing, enhance collections, and equip finance teams with the insights they need to manage outstanding payments effectively.

Top 11 Accounts Receivable Software: At A Glance

Company	Best for	Main Features
Sage Intacct	Simplifying AR With Financial Workflows	Automated invoicing Financial tracking Accounts receivable automation
Versapay	AI-Powered Cash Application	Omni-channel invoicing Payment collection Advanced analytics and reporting
Invoiced	Large AR Operations Requiring Security	Invoice-to-cash process AI-powered reconciliation Verification protocol
Bill	Invoicing And Multiple Payment Options	Customizable templates Automatic payment reminders Real-time tracking
Quadient AR	Cash Flow Forecasting	Predictive intelligence AI-powered insights Customizable dashboards
BlackLine	End-To-End AR Automation And Credit Management	Cash flow analysis Credit and risk management AR Intelligence
Gaviti	AI-Driven Collections	AI-driven automation Invoice management Personalized email reminders
Upflow	B2B Teams Seeking Collaborative AR	Workflow automation Dashboards Unlimited user access
HighRadius	Intelligent Collections	Account prioritization Advanced remittance processing Intelligent collections management
Xero	Small Businesses Needing Integrated Accounting And AR	Bank reconciliation Financial reporting Payroll
Zoho Books	Recurring AR And High-Volume Transaction Automation	Bank transaction categorization Payment reminders Update stock levels

What Is Accounts Receivable (AR) Software?

Accounts Receivable (AR) software is a financial management tool designed to help businesses track and collect payments from customers for goods or services sold on credit. Full-service AR solutions automate the entire workflow—from creating invoices and tracking payments to managing collections and generating financial reports.

It’s especially valuable for businesses aiming to streamline billing operations, reduce days sales outstanding (DSO), and maintain stronger, more predictable financial health.

1. Sage Intacct

Sage Intacct is a scalable, cloud-based financial management solution built for growing businesses. It features powerful accounts receivable automation, including invoicing and collections. The platform assists businesses in simplifying complicated financial tracking into a simple, streamlined workflow, while delivering strong financial features anyone can use without advanced accounting skills.

Standout Features

Automated invoicing allows you to create customized, recurring invoices using templates, ensuring consistent and professional billing
Real-time dashboards and multi-entity support help improve cash flow and operational efficiency
Cash flow management to track your finances in real time and provides insights to help monitor your business’s financial health
Sage Copilot, the AI assistant, helps automate routine accounting tasks and provides intelligent recommendations

2. Versapay

Versapay provides an Accounts Receivable Efficiency Suite that automates invoicing, enables seamless B2B payments, and uses AI to streamline cash application. Its collaborative platform improves communication between AR teams and customers, enhancing the overall payment experience.

Standout Features

Automated payment collection accelerates the payment cycles with invoices, reminders, and flexible online payment settings
Omni-channel invoicing feature offers multiple invoicing methods, allowing customers to pay through their preferred channels
Advanced analytics and reporting to deliver in-depth insights into accounts receivable performance to help improve business processes
Automates routine AR tasks such as invoice delivery, dunning notifications (payment reminders), basic collections, and cash application

3. Invoiced

Invoiced is a cloud-based platform that automates billing, collections, payments, and forecasting. It simplifies the invoice-to-cash process to help businesses accelerate payments and reduce manual workloads. It’s well-suited for businesses with complex accounts receivable processes and is a great fit for mid-sized to large organizations focused on efficiency and security.

Standout Features

Lets businesses offer flexible, structured payment options to customers, helping maintain steady cash flow
Uses AI-powered reconciliation to match payments with invoices accurately and quickly
Facilitates direct communication with customers and vendors for quick and transparent resolution of invoice issues
Comprehensive verification protocol to protect against invoice fraud and vendor impersonation with secure delivery, payment handling, and multi-layer authentication

4. Bill

Bill (formerly known as Bill.com) offers a complete solution for managing accounts receivable and payable. It helps businesses create professional invoices using customizable templates and automatic invoice numbering. Companies can send invoices in various ways and receive payments directly to their bank accounts through the Automated Clearing House (ACH), credit card, and other methods.

Standout Features

Real-time tracking and reminders to stay updated with invoice statuses, and automated follow-ups to simplify tracking
Offers multiple payment options for customers, including Automated Clearing House (ACH), credit card, and international payments
Professional invoicing to easily create branded, customizable invoices with flexible templates and automatic numbering
Automatic payment reminders enable businesses to send automated reminders for unpaid invoices, helping maintain consistent communication with customers

5. Quadient AR

Quadient Inspire, powered by YayPay, is an AR automation tool designed to speed up collections and reduce manual work. It connects with enterprise resource planning (ERP) and customer relationship management (CRM) systems to automate workflows, improving productivity and forecast accuracy. The platform streamlines financial processes with automation and predictive intelligence, accelerating payment cycles and providing real-time visibility into financial performance.

Standout Features

Advanced collection management automates payment tracking, dispute resolution, and collections to speed up payment processing
AI-powered insights to deliver real-time data and predictive analytics to enhance cash flow forecasting
Invoice delivery streamlines billing by ensuring invoices are sent promptly to the correct customers at the optimal time
Real-time access to AR data via customizable dashboards while predicting cash flow with 94% accuracy, enabling better financial planning

6. BlackLine

BlackLine Financial Close Management delivers a unified platform for automating AR processes such as invoicing, collections, credit management, and cash flow analysis. It helps businesses transform receivables operations and improve performance. BlackLine helps businesses manage their receivables more efficiently by removing manual tasks and providing actionable insights.

Standout Features

Accelerates record-to-report and invoice-to-cash processes by leveraging artificial intelligence to eliminate manual delays and errors
Credit and risk management to evaluate customer creditworthiness, enabling businesses to make informed decisions about credit terms and potential risks
Automates the entire accounts receivable process, from invoicing to cash application, collections, and credit management
AR Intelligence to enhance accounts receivable operations by providing real-time, data-driven insights while empowering finance and credit teams to make informed decisions, optimize cash flow, and reduce financial risk

7. Gaviti

Gaviti is an AI-driven AR automation platform that simplifies the invoice-to-cash cycle. It prioritizes tasks, automates customer outreach, and delivers insights to make collections more predictable and scalable. The platform is best suited for companies looking to minimize manual work and improve accounts receivable performance. Its AI-driven automation supports credit management, dispute resolution, and cash application.

Standout Features

Automatically sends personalized email reminders to customers based on invoice due dates
Collections analytics delivers detailed dashboards with trend analysis and actionable insights to enhance the collections process
Invoice management enables businesses to effectively track and manage invoices, ensuring timely follow-ups and accurate records
Automated notice streamlines payment reminders by automating notices, reducing manual work, and maintaining regular customer communication

8. Upflow

Upflow automates payment reminders and reduces late payments through its AR software. It integrates with leading accounting platforms like Xero, Sage, and QuickBooks and offers analytics and workflow automation for better receivables management. It’s well-suited for B2B companies looking to improve AR management and enhance collaboration across departments.

Standout Features

Advanced analytics delivers real-time visibility into essential AR metrics, supporting data-driven decision-making and accurate financial forecasting
Dashboards highlight high-risk accounts, allowing you to take proactive steps to secure timely payments
Supports various payment methods such as credit/debit cards, ACH, wire transfers, and direct debit to enhance payment convenience
Unlimited user access allows finance, sales, and customer service teams to collaborate, while sales teams can leverage their customer relationships to assist in collections

9. HighRadius

HighRadius provides AI-powered AR automation to boost collections efficiency. It automates account prioritization, reminder emails, and follow-ups to reduce manual effort and speed up cash collection. It’s ideal for larger organizations with complex AR operations, such as those handling high transaction volumes or managing detailed credit and deduction workflows.

Standout Features

Intelligent collections management leverages AI to optimize task assignment, boost recovery rates, and proactively flag at-risk accounts
Quick dispute resolution to swiftly manage and resolve invoice-related disputes
Advanced remittance processing uses AI-powered workflows to cut down exception handling time and reduce the need for manual reconciliation
Electronic Invoice Presentment and Payment offers AI-driven validation of invoice data, ensuring compliance, automatic invoice delivery to accounts payable portals, and real-time delivery tracking

10. Xero

Xero accounting solution is tailored for small to medium-sized businesses with advanced accounting requirements. It offers features like invoicing, bank reconciliation, inventory, purchasing, expenses, payroll, and financial reporting.

Standout Features

The bank reconciliation feature simplifies and accelerates the application of customer payments, ensuring timely processing
The platform offers easy invoice creation and tracking, automatic payment reminders, multi-bill payment processing, and real-time financial reporting—all in one streamlined solution
Invoices can be tailored to include branding, specific products, and payment terms, along with automated payment reminders
Automatically check your bank for incoming payments and maintain a watchlist of unpaid invoices

11. Zoho Books

Zoho Books is accounting automation software that boosts productivity by streamlining repetitive AR tasks. It supports recurring invoices, automated reminders, and bank transaction categorization to simplify the receivables process for growing businesses. It’s built for businesses that require recurring invoicing or handle large volumes of transactions.

Standout Features

Payment reminders to send automated reminders to promote timely payments and minimize delays
Recurring payment automation enables automatic card charges for recurring transactions by securely storing client payment details
Transaction categorization utilizes bank rules to organize and filter transactions, reducing errors in high-volume financial operations
Automatically updates stock levels as you make purchases or sales, ensuring you always know your available inventory

Which AR Should You Use For Smarter Cash Flow Management?

Selecting the right AR software can greatly influence your cash flow, team efficiency, and customer satisfaction. Focus on features like automation, seamless integration with existing tools (such as your CRM or ERP), real-time insights, flexible payment options, and an intuitive user experience.

Carefully assessing your needs and exploring available solutions will help you select an AR platform that strengthens your business’s long-term financial stability. To simplify your search, you can explore this page, accounts receivable software that offers a curated list of top AR solutions, complete with features and user reviews, helping you confidently choose a platform that supports your business’s long-term financial health.

11 Best Accounts Receivable Software To Streamline Cash Flow Management

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