Compare the 6 leading AR automation platforms on collections, cash application, customer payment portals, and pricing — **so you can pick the platform that actually reduces your DSO, not just the most popular one.**
The best AR automation software pairs automated invoice delivery and rules-based collections with real cash application and real-time reporting — not just a faster way to send invoices. The AR automation market is now worth roughly $3.4B and growing at an 11–12% CAGR, yet 83% of firms still haven’t fully automated AR, and leading platforms now reach close to 80% straight-through cash application. Here’s how the 6 leading platforms compare.
Seamlessly send invoices to customers and facilitate prompt payments — no manual distribution delays.
Launch targeted, strategic collection campaigns and automate follow-up with AI-powered workflows to boost working capital.
A self-service customer portal to manage customers at scale and drive electronic payments.
Track aging, overdue balances, DSO, and account-level KPIs with real-time cash flow visibility, not a nightly batch job.
Accounts receivable automation streamlines the traditional AR process — invoice creation and distribution, payment reminders, collections, cash application, reconciliation, and reporting — replacing manual, repetitive tasks with a connected system. Done well, it helps finance teams manage receivables faster and more reliably. The benefits show up fast:
Centime combines AR automation with AP automation and cash management in one platform — embedded in QuickBooks, NetSuite, and Sage Intacct.
Centime’s AR automation optimizes collections effectiveness, reduces overdue payments, and boosts working capital, while tracking account-level KPIs. Unlike point solutions, it also automates AP and cash flow forecasting in the same platform.
Pros:
Cons:
Best for: SMB and mid-market teams that want AR, AP, and cash management in one platform
A straightforward AR platform that automates billing, collections, payments, and reporting in a single tool, with an invoice network built to reduce fraud and vendor impersonation.
Pros:
Cons:
Best for: Small teams with extremely basic collection needs
Combines cash forecasting and AR automation, powering collections workflows and receivables forecasting with machine learning and real-time payment and promise-to-pay signals.
Pros:
Cons:
Best for: Large enterprises with advanced reporting needs
An AI-driven finance platform for enterprises, offering two AR tiers — HighRadius One for mid-market customers and HighRadius Enterprise for larger clients — built around automated remittance capture and cash application.
Pros:
Cons:
Best for: Teams with complex cash application processes
A suite of unified AR solutions spanning credit, online ordering, invoicing, cash application, and collections — best known for its EIPP (electronic invoice presentment and payment) buyer portal.
Pros:
Cons:
Best for: Large enterprises with advanced EIPP needs
A comprehensive credit-to-cash platform — credit risk, collections, disputes, and cash application — with embedded AI/ML and role-based workflows, built for very high-volume enterprises.
Pros:
Cons:
Best for: Enterprises processing more than 100,000 invoices per year
| Feature | Centime | Invoiced | Tesorio | HighRadius | Billtrust | GETPAID by FIS Global |
|---|---|---|---|---|---|---|
| Native ERP/accounting integration | ✅ QuickBooks, NetSuite, Sage Intacct | ✅ QBO — sync gaps reported | — | ✅ Varies — real-time sync issues reported | — | — |
| AI-driven cash application | — | — | — | ✅ 80% automation rate | — | ✅ Embedded AI/ML |
| Customer self-service payment portal | ✅ B2B payment portal | ✅ Invoice/payment network | — | — | ✅ EIPP buyer portal | ✅ Dispute-resolution portal |
| AR + AP + cash management in one platform | ✅ — | ❌ — | ❌ — | ❌ — | ❌ — | ❌ — |
| Built primarily for SMB/mid-market | ✅ — | ✅ — | ❌ Enterprise-focused | ❌ Enterprise-focused | ❌ Enterprise-focused | ❌ 100k+ invoices/year |
| Public G2 reviews available | — | ✅ — | ✅ — | ✅ — | ✅ — | ❌ None posted |
Accounts receivable automation software automates the manual, repetitive tasks in the AR process — including invoice delivery, payment reminders, collections workflows, cash application, dispute resolution, and reconciliation.
Yes. The best accounts receivable software allows teams to configure collections workflows, invoice templates, payment portal branding, escalation rules, and approval hierarchies to match their specific processes. Centime’s AR platform supports customizable collection campaigns, customer-level payment terms, and workflow automation rules that adapt to each business’s unique AR process.
Customization is a key feature of many AR automation solutions, allowing businesses to tailor the software to their unique processes and industry requirements. Features like customizable dashboards, report generation, and workflow management enable companies to align the automation software with their specific operational needs, including specialized solutions offered by Centime.
The best accounts receivable automation software depends on your company size, accounting system, AR volume, and workflow complexity. Centime is a strong choice for SMB and mid-market businesses that want AR automation, AP automation, and cash flow visibility in one platform. Enterprise teams with complex credit, deductions, or high-volume cash application needs may consider tools like HighRadius, Billtrust, or FIS GETPAID.
AR automation software should include invoice delivery, payment reminders, collections workflows, customer payment portals, cash application, dispute tracking, ERP integration, AR reporting, and cash flow visibility. The best platforms reduce manual work while helping finance teams collect faster and improve working capital.
Businesses should consider the ERP’s compatibility, implementation workload, its reporting features, scalability, customer support, payment experience, and its collections, cash application, and forecasting workflow.
AR automation lets you streamline cash flow, speed up invoice delivery and collection, follow up on payments, and gain visibility into uncollected and pending invoices.
Yes. Many AR automation platforms are designed specifically for SMB and mid-market teams that want to reduce manual processes, improve efficiency, and gain better control over working capital without expanding headcount.
AR automation can reduce issues such as overdue payments, manual reconciliation, inconsistent customer follow-up, invoice disputes, and limited visibility into collection performance.
By automating repetitive receivables tasks, finance teams can spend less time on manual invoice management and more time on forecasting, customer engagement, and strategic financial planning.
A streamlined payment experience can shorten payment cycles by making it easier for customers to view invoices, understand payment terms, and complete transactions through digital payment channels.
Compare Centime against any platform on this list, on the only solution built to run AR, AP, and cash forecasting together inside your ERP.