10 Best Accounts Receivable Software: Top Picks for 2025

Many businesses face challenges with accounts receivable, from late payments and outstanding invoices to cash flow unpredictability. Inefficient AR processes can drain time and resources, slowing down operations and impacting overall profitability.

Businesses that rely on manual invoicing and collections often struggle with errors, delayed follow-ups, and disputes that remain unresolved for months. The need for automation and efficiency in financial management has never been greater.

That is where accounts receivable software can make a difference. These tools are designed to automate invoicing, track payments, manage collections, and provide real-time insights into cash flow. By implementing a reliable AR solution, businesses can streamline operations, reduce human error, and improve financial performance.

In this guide, we will explore:

• What accounts receivable software can do for your business.
• How to choose the best AR solution based on your needs.
• Our expert reviews of the top AR platforms in 2025.

We have compared the best accounts receivable software based on features, pricing, and automation capabilities.

What Is Accounts Receivable Software?

Accounts receivable software is designed to automate and streamline financial operations related to invoicing, collections, and payment tracking. These tools help businesses manage outstanding invoices, improve cash flow, and reduce the risks associated with delayed payments.

Key capabilities of AR software include:

• Automated invoicing to ensure timely billing and reduce manual errors.
• Real-time payment tracking to monitor pending and completed transactions.
• Collections automation to send reminders and escalate overdue accounts.
• Cash flow forecasting using AI-driven insights.
• Dispute resolution tools to manage chargebacks and deductions efficiently.

By integrating with existing accounting and enterprise resource planning (ERP) systems, AR software provides businesses with a centralized platform for financial management, helping them reduce administrative burdens and improve efficiency.

Key Features to Look for in Accounts Receivable Software

Selecting the right AR solution depends on several factors. Businesses should look for software that aligns with their operational needs while offering a balance of automation, integration, and reporting capabilities.

Key features to consider include:

• Automated Invoicing: Enables businesses to send invoices on a set schedule, reducing the need for manual input.
  
  
• Payment Tracking: Provides real-time visibility into outstanding invoices and payment statuses.
  
  
• Collections Management: Sends automated reminders, applies late fees, and escalates overdue accounts for quicker resolution.
  
  
• Cash Flow Forecasting: Uses AI-driven insights to predict incoming payments and improve financial planning.
  
  
• Self-Service Customer Portals: Allow customers to access invoices, view payment history, and make payments online.
  
  
• ERP & Accounting Integrations: Syncs with QuickBooks, NetSuite, SAP, and other financial management tools.
  
  
• Chargeback and Dispute Management: Helps businesses handle deductions, disputes, and chargeback resolutions.
  
  
• Advanced Analytics and Reporting: Provides real-time insights into payment trends and overdue invoices.

10 Best Accounts Receivable Software in 2025

1. iNymbus

• Best For: Vendors managing chargebacks
• Starting Price: Custom

iNymbus is tailored for vendors dealing with chargebacks from retailers, automating tasks like deduction tracking and dispute filing. It excels in addressing shortages, late deliveries, and packaging errors, making it ideal for businesses aiming to reduce manual intervention.

Key Features:

• Automated chargeback and deduction management.
• RPA-driven dispute resolution for faster claim processing.
• Seamless integration with over 40 major retailers.
• Automated retrieval of supporting documents from ERPs and emails.

Drawbacks:

• Primarily focused on chargebacks rather than full AR automation.

2. HighRadius

• Best For: AI-driven AR automation
• Starting Price: Custom

HighRadius is a cloud-based accounts receivable software that leverages AI and automation to streamline AR processes, reduce manual workloads, and enhance cash flow. The platform integrates seamlessly with ERPs, CRMs, and accounting systems to provide end-to-end automation for credit management, invoicing, collections, and payment processing.

Key Features:

• Predictive analytics for overdue payments.
• Automated cash application matching.
• Seamless ERP and CRM integrations.

Drawbacks:

• Implementation requires technical expertise.
• Higher costs may not be suitable for small businesses.

3. Invoiced

• Best For: SMBs needing invoicing automation
• Starting Price: $299/month

Invoiced is a cloud-based accounts receivable software designed to automate the entire invoice-to-cash process. It offers automated invoicing, collections, payments, and analytics to improve cash flow and reduce manual work. With built-in payment processing and self-service customer portals, Invoiced simplifies AR management while enhancing the customer experience.

Key Features:

• End-to-end invoicing automation.
• Customer self-service portal.
• Multi-channel payment reminders.

Drawbacks:

• Lacks AI-driven cash flow forecasting.
• Limited customization for complex financial workflows.

4. Billtrust

• Best For: Mid-to-large businesses
• Starting Price:  Custom

Billtrust simplifies and automates the entire order-to-cash cycle, combining invoicing, payment processing, cash application, and collections into a single, integrated AR platform. With AI-powered automation, businesses can accelerate payments, reduce DSO (Days Sales Outstanding), and improve cash flow management.

Key Features:

• Comprehensive AR automation.
• AI-driven cash application for faster reconciliation.
• Automated credit and collections management.
• Multi-channel payment processing.

Drawbacks:

• Complex implementation requiring training.
• Best suited for large-scale operations.

5. Emagia

• Best For: AI-powered cash flow forecasting
• Starting Price: Custom

Emagia offers an AI-powered accounts receivable management solution that enhances cash flow, reduces inefficiencies, and optimizes working capital. By integrating automation, machine learning, and predictive analytics, it provides real-time visibility into receivables, credit risk, collections, and payment behaviors.

Key Features:

• AI-driven cash flow forecasting.
• Predictive collections risk analysis.
• Automated credit risk management.
• Intelligent document processing.

Drawbacks:

• Requires extensive training.
• Not ideal for smaller businesses.

6. Gaviti

• Best For: Automated collections
• Starting Price: $499/month

Gaviti simplifies accounts receivable management by automating invoicing, collections, and payment tracking. It integrates with ERP systems for a single view of A/R, prioritizes collections using AI, and enhances customer interactions with workflow automation and analytics.

Key Features:

• Automated invoicing and collections.
• AI-powered prioritization of collections.
• Centralized AR management.
• Advanced analytics and reporting.

Drawbacks:

• Lacks built-in payment processing.
• Requires ERP integration for full functionality.

7. Upflow

• Best For: Cash flow visibility
• Starting Price: $299/month

Upflow helps businesses manage accounts receivable by providing real-time cash flow insights, automated payment reminders, and self-service payment options. By integrating with existing invoicing and accounting tools, it streamlines collections and reduces DSO while maintaining strong customer relationships.

Key Features:

• Real-time cash flow tracking.
• Automated, personalized collection reminders.
• Seamless payment experience.
• Easy accounting system integration.

Drawbacks:

• Lacks robust AI-driven risk assessment.
• No native invoicing module.

8. Peakflo

• Best For: AP/AR automation
• Starting Price: Custom

Peakflo is a finance automation platform designed to streamline invoicing, collections, vendor payments, and expense management. It integrates seamlessly with ERP and accounting systems to centralize financial operations, reduce manual work, and accelerate cash flow. With automated payment reminders, approval workflows, and analytics, businesses can cut down on late payments and operational bottlenecks.

Key Features:

• Full automation for A/P and A/R.
• Reduces DSO with automated workflows.
• Multi-channel payment reminders.
• Custom approval workflows.

Drawbacks:

• Setup can be time-consuming.
• Not a full treasury management solution.

9. Quadient AR (YayPay)

• Best For: Order-to-cash cycle automation
• Starting Price: Custom

Quadient’s AR Automation solution streamlines accounts receivable processes by eliminating manual work, improving collection efficiency, and providing real-time AR visibility. With AI-driven forecasting and workflow automation, businesses can accelerate payments, reduce DSO, and optimize financial performance.

Key Features:

• Comprehensive AR automation.
• AI-powered forecasting with high accuracy.
• Automated collections workflows.
• Integrated payment portal.

Drawbacks:

• Higher cost may not be ideal for small businesses.
• ERP integration can be complex.

10. Tesorio

• Best For: AI-driven collections
• Starting Price: Custom

Tesorio streamlines the collections process by automating workflows, email campaigns, and payment reconciliation. With real-time AR dashboards and predictive insights, businesses can accelerate cash inflows, improve team collaboration, and enhance working capital management.

Key Features:

• AI-powered collections campaigns.
• Real-time AR dashboards.
• Integrated payment portal.
• Automated cash application.

Drawbacks:

• Lacks robust invoicing and credit management.
• Heavy reliance on email-based processes.

Why Choose iNymbus for AR Automation?

For businesses dealing with high volumes of chargebacks and deductions, iNymbus provides an automated approach to dispute resolution.

Key advantages of using iNymbus:

• Reduces time spent on chargeback processing: Disputes are resolved in minutes instead of weeks.

• Improves revenue recovery: Automated workflows increase dispute success rates.

• Minimizes manual work: Eliminates the need for employees to track, organize, and submit documentation manually.

• Seamless integration: Syncs with ERPs, EDI, and accounting tools to streamline financial operations.