What is accounts receivable automation?
Accounts receivable automation is software that issues invoices, sends reminders, collects payment, applies cash to the right invoices and handles disputes with as little manual work as possible. Its measure of success is days sales outstanding: how long customers take to pay.
DefinitionOlder AR tools automated the reminder schedule and gave a payment portal. The 2025 and 2026 generation uses AI agents that read the customer's replies, negotiate, escalate and match payments, and it has attracted more capital than any other corner of finance software: Stuut raised about $103 million, Monk $29 million, Fazeshift $22 million and Paraglide $5 million within eighteen months. Kolleno, Chaser and Upflow are the established mid-market tools; HighRadius and Billtrust serve enterprises.
Common questions
What does accounts receivable automation software do?+
Invoice delivery, reminder sequences, a customer payment portal, cash application, dispute tracking and reporting, connected to the ERP and often the CRM.
How much does AR automation reduce DSO?+
Vendors report 30% to 40% reductions on average; the gain depends on how manual the process was and how many invoices were going out late.
Which vendors offer AI-driven accounts receivable?+
Stuut, Monk, Fazeshift and Paraglide are agent-first; Kolleno, Upflow and Chaser automate collections for mid-sized companies; Tabs and Anchor cover billing to cash for software companies and firms.
Software for accounts receivable automation
All 11 ap ar and payments vendors →
Stuut
Monk
Fazeshift
Paraglide AI
Kolleno
Tabs
Anchor
MimoRelated terms
Updated September 2026 · Part of Accountio’s accounting technology coverage · Glossary
