Accounts payable, receivable and payments software: 11 vendors compared
Payables and receivables are where finance software touches money, and where the most venture capital has gone in 2025 and 2026. BILL and Tipalti are the established payables platforms; Zip owns procurement intake; and a wave of AI receivables companies, Stuut, Monk, Fazeshift, Paraglide and Kolleno, has raised more than $160 million to chase invoices with agents. Every vendor below has a full profile.
The vendors
Startups first, ordered by funding raised, then the established vendors they compete with
ZipStartup · $371m raisedEnterprise procurement and accounts payable platform that sits in front of the ERP, routing every purchase request through approvals, vendor onboarding and payment, now with AI agents across intake-to-pay.→
StuutStartup · $103m raisedAI platform that runs accounts receivable for mid-market and enterprise companies: invoicing, collections, cash application and disputes, with agents doing the work rather than dashboards showing it.→
MonkStartup · $29m raisedAI-native accounts receivable for B2B companies covering the full contract-to-cash cycle, from invoicing and collections to cash application and disputes, out of stealth since October 2025.→
MimoStartup · $29m raisedPayments, cash flow and accounts payable platform for SMEs and their accountants, founded by three former iZettle staff in London and Stockholm, with embedded working capital from Froda.→
FazeshiftStartup · $22m raisedAI agents that run accounts receivable end to end for enterprise finance teams, from invoice follow-up to cash application, drawing on the company's existing ERP, CRM and billing systems.→
KollenoStartup · $5m raisedLondon order-to-cash platform for mid-sized businesses: credit control, collections workflows, payments and reconciliation, with about $9.5m in revenue and a Built for NetSuite integration.→
Paraglide AIStartup · $5m raisedBritish-Swedish company building AI agents for accounts receivable: billing support, collections, disputes, deductions, credit and cash application for mid-market and enterprise finance teams.→
CleavrStartup · $1m raisedParis startup automating accounts receivable with an AI agent that identifies overdue invoices, contacts debtors, answers their questions and records payment promises, aimed at European mid-sized companies.→
CentimeStartupBootstrapped Boston platform combining accounts payable, accounts receivable, cash forecasting and business banking in one suite for mid-sized companies, embedded in NetSuite and other ERPs.→
BILLAccounts payable, receivable and spend platform for small and mid-sized businesses, listed on the NYSE, with $1.7bn in annual revenue and a payments network of 9.2 million members that most US accounting firms route bill pay through.→
TipaltiGlobal payables automation for mid-market companies: supplier onboarding, tax forms, invoice processing and mass payments in 196 countries, with about $200m in recurring revenue and $75bn in annual payment volume.→Common questions
What is the difference between AP and AR software?+
Accounts payable software captures, approves and pays supplier bills. Accounts receivable software issues invoices, collects payment and applies cash. Some platforms, such as BILL and Centime, do both.
Why has AI receivables attracted so much funding?+
Collections is repetitive, measurable in days sales outstanding, and involves conversations with customers that language models handle well. Stuut, Monk and Fazeshift all raised in 2026 on that thesis.
Which payables software suits mid-sized companies?+
BILL for SMBs and firms, Tipalti for global supplier payments, Stampli for invoice-centric AP, Zip for procurement-led purchasing, Centime for AP, AR and cash in one bootstrapped product.
Related
Updated September 2026 · Part of Accountio’s accounting technology coverage
