Best accounts receivable automation software
Six accounts receivable vendors with an Accountio profile, side by side.
Listed alphabetically. Accountio does not rank vendors, and a featured listing does not change the order.
Accounts receivable automation software handles invoicing, collections, cash application and disputes, so the finance team chases fewer late payments by hand. The six vendors here include BILL, which covers payables and receivables, and AI-agent platforms such as Fazeshift, Monk, Paraglide AI and Stuut. Tabs starts from the customer contract and adds revenue recognition.
Accounts receivable automation software at a glance
| Vendor | Best for | Founded and HQ | Customers | Pricing |
|---|---|---|---|---|
| Businesses from start-ups to growing companies with complex operations, and their accountants | 2006; San Jose, California | Close to half a million; 8.3 million network members; 98 of the top 100 US accounting firms | AP & AR: Essentials US$49, Team US$65, Corporate US$89 per user a month; Enterprise on quote | |
| Finance and accounting teams with enterprise-scale AR: high invoice volumes, complex payer structures, multiple entities | Not published | Named customers include 11x, Clipboard Health, Planet DDS and ASR Holdings | Not published | |
| Fast-growing B2B businesses, from SaaS on Stripe and usage-based billing to manufacturing and distribution | Headquartered in New York, US (founding year not published) | US$2bn+ in receivables managed; customers include ElevenLabs and Profound | No list prices published; pricing scales with business volume | |
| B2B finance teams, from credit and collections managers to CFOs and finance directors | Not published | Choco, GetAccept and Spiideo | Not published | |
| Mid-market and enterprise B2B companies with US$100m+ annual revenue and complex receivables (multiple entities, high invoice volume) | Headquartered in New York (founding year not published) | More than US$1bn collected for customers; customers include ZoomInfo, Honeywell and Verifone | Not published | |
| Companies billing on contracts, including usage-based and hybrid pricing | Not published | Not published | Launch US$2,000 a month (up to US$5m annual revenue, 100 active contracts); Growth, Scale and Enterprise priced individually |
The six vendors
In alphabetical order. “Not published” means the vendor does not state it.
BILL
Best for: Businesses from start-ups to growing companies with complex operations, and their accountants
Accounts payable, accounts receivable, expenses, forecasting and procurement in one platform.
- Founded and HQ
- 2006; San Jose, California
- Ownership
- Listed on the NYSE (BILL); founder and CEO René Lacerte
- Customers
- Close to half a million; 8.3 million network members; 98 of the top 100 US accounting firms
- Pricing
- AP & AR: Essentials US$49, Team US$65, Corporate US$89 per user a month; Enterprise on quote
- How it runs
- Cloud; cross-border payments to 130+ countries
Fazeshift
Best for: Finance and accounting teams with enterprise-scale AR: high invoice volumes, complex payer structures, multiple entities
AI agents for accounts receivable: cash application, collections, billing, contract review, credit, payment disputes, payment portal and onboarding.
- Founded and HQ
- Not published
- Ownership
- Private; US$22m raised including a US$17m Series A (May 2026); strategic investment from Amex Ventures
- Customers
- Named customers include 11x, Clipboard Health, Planet DDS and ASR Holdings
- Pricing
- Not published
- How it runs
- Cloud AI agents working on top of existing ERP, CRM, billing and bank systems; regions served not published
- Good to know
- SOC 1 and SOC 2 Type II
Monk
Best for: Fast-growing B2B businesses, from SaaS on Stripe and usage-based billing to manufacturing and distribution
AI accounts receivable platform: invoicing, intelligent collections by email and voice, AP-portal submission, cash application, disputes and AR reporting.
- Founded and HQ
- Headquartered in New York, US (founding year not published)
- Ownership
- Private, venture-backed; Series A US$25m (Apr 2026)
- Customers
- US$2bn+ in receivables managed; customers include ElevenLabs and Profound
- Pricing
- No list prices published; pricing scales with business volume
- How it runs
- Cloud platform; customer data stored in the United States (regions served not published)
- Good to know
- Go-live in 24 hours to 7 business days, with a dedicated engineer for every customer
Paraglide AI
Best for: B2B finance teams, from credit and collections managers to CFOs and finance directors
AI agents for accounts receivable that work in the finance inbox: answering invoice queries, chasing late payers, resolving disputes and deductions, submitting invoices to supplier portals and matching payments.
- Founded and HQ
- Not published
- Ownership
- Investor-backed; investors and amounts not published
- Customers
- Choco, GetAccept and Spiideo
- Pricing
- Not published
- How it runs
- Cloud service hosted on Amazon Web Services; data European by default; GDPR and UK GDPR; agents write in any language
- Good to know
- Billing Support, Collection, Supplier Portal and Reconciliation agents
Stuut
Best for: Mid-market and enterprise B2B companies with US$100m+ annual revenue and complex receivables (multiple entities, high invoice volume)
AI agents that run accounts receivable: collections outreach by email, SMS and voice, cash application, payments, and disputes and deductions.
- Founded and HQ
- Headquartered in New York (founding year not published)
- Ownership
- Venture-backed; Series A US$29.5m led by Andreessen Horowitz; investment from M12, Microsoft's venture fund (announced Sep 2026)
- Customers
- More than US$1bn collected for customers; customers include ZoomInfo, Honeywell and Verifone
- Pricing
- Not published
- How it runs
- Cloud software, also sold through Microsoft Marketplace; collections across entities and currencies; regions served not published
- Good to know
- Most customers live in 3 to 5 days, with no data migration
Tabs
Best for: Companies billing on contracts, including usage-based and hybrid pricing
Contract-driven billing, usage-based and hybrid invoicing, collections and cash application, ASC 606 revenue recognition and revenue reporting.
- Founded and HQ
- Not published
- Ownership
- Venture-backed; US$55m Series B (September 2025) and a US$25m Series A led by General Catalyst (October 2024)
- Customers
- Not published
- Pricing
- Launch US$2,000 a month (up to US$5m annual revenue, 100 active contracts); Growth, Scale and Enterprise priced individually
Related tools in the same directory category
Collections and receivables tools in the same directory category.
How to choose accounts receivable automation software
- Is the main problem paying suppliers, collecting from customers, or both?BILL covers payables and receivables. Fazeshift, Monk, Paraglide AI and Stuut concentrate on collecting from customers, and Tabs starts from the contract, with billing, collections and revenue recognition.
- How many invoices do you send, and to how many entities and currencies?Fazeshift and Stuut are built for high invoice volumes and multiple entities, and Stuut for B2B companies with US$100m+ annual revenue. Stuut collects across entities and currencies, and Paraglide AI's agents write in any language.
- What do you pay on top of the subscription?Monk's pricing scales with business volume. Tabs's Launch plan costs US$2,000 a month for up to US$5m annual revenue and 100 active contracts. BILL's AP & AR plans are priced per user. Fazeshift, Paraglide AI and Stuut do not publish prices.
Compare further
Common questions
What does accounts receivable automation software do?+
It sends invoices, chases customers for payment by email, phone or portal, applies incoming cash to open invoices, and tracks disputes and deductions, so the finance team handles only the exceptions.
How much does accounts receivable automation software cost?+
Tabs publishes a Launch plan at US$2,000 a month, BILL's AP & AR plans run from US$49 to US$89 per user a month, and Monk prices on business volume. Fazeshift, Paraglide AI and Stuut do not publish prices.
Do AI agents call customers about overdue invoices?+
Some do. Monk collects by email and voice, and Stuut by email, SMS and AI voice calls. Paraglide AI's agents work in the finance inbox, and Fazeshift handles collections reminders and dunning.
Part of Accountio’s accounting technology coverage.
