Best accounts receivable automation software

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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

VendorBest forFounded and HQCustomersPricing
BILLBusinesses from start-ups to growing companies with complex operations, and their accountants2006; San Jose, CaliforniaClose to half a million; 8.3 million network members; 98 of the top 100 US accounting firmsAP & AR: Essentials US$49, Team US$65, Corporate US$89 per user a month; Enterprise on quote
FazeshiftFinance and accounting teams with enterprise-scale AR: high invoice volumes, complex payer structures, multiple entitiesNot publishedNamed customers include 11x, Clipboard Health, Planet DDS and ASR HoldingsNot published
MonkFast-growing B2B businesses, from SaaS on Stripe and usage-based billing to manufacturing and distributionHeadquartered in New York, US (founding year not published)US$2bn+ in receivables managed; customers include ElevenLabs and ProfoundNo list prices published; pricing scales with business volume
Paraglide AIB2B finance teams, from credit and collections managers to CFOs and finance directorsNot publishedChoco, GetAccept and SpiideoNot published
StuutMid-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 VerifoneNot published
TabsCompanies billing on contracts, including usage-based and hybrid pricingNot publishedNot publishedLaunch 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.

  • KollenoAI-prioritised collections, payments and reconciliation.

How to choose accounts receivable automation software

  1. 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.
  2. 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.
  3. 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.