Best Cash Application Automation Companies

VersaPay is a company that specializes in accounts receivable automation software within the financial technology sector. The company offers a platform that automates accounts receivable tasks, facilitates collaboration with customers over the cloud, and enables businesses to accept payments from any sales channel within their ERP systems. It primarily serves businesses in the B2B commerce sector. It was founded in 2006 and is based in Toronto, Ontario.

Billtrust (NASDAQ: BTRS) provides automated order-to-cash solutions. It offers cash application solutions, e-commerce, invoicing, payments, and more. The company serves transportation, machinery, distribution, manufacturing, medical equipment, technology, legal, and staffing industries. The company was founded in 2001 and is based in Lawrenceville, New Jersey.

HighRadius is a company that focuses on providing autonomous finance solutions in the financial technology industry. The company offers a range of services including automation for order to cash, treasury, and record to report processes, as well as solutions for financial close, account reconciliation, and anomaly management. HighRadius primarily serves sectors such as consumer packaged goods, industrial manufacturing, high tech electronics, computer software, insurance, staffing, media and publishing, and pharma and life sciences. It was founded in 2006 and is based in Houston, Texas.

Fintainium focuses on financial technology, specifically in the business payables and receivables sector. The company offers a platform that provides solutions for cash flow management, embedded payments, mass disbursements, and lending, aiming to simplify problems in business payables and receivables. It primarily serves sectors such as small-to-medium-sized businesses, financial institutions, financial technology companies, software companies, and accounting firms. It was formerly known as ePayRails. It was founded in 2018 and is based in Jacksonville, Florida.

Global PayEX is an Accounts Receivable automation solution provider. With AI-powered AR Automation tools like Electronic Invoicing, Presentment & Payments Management, Cash Application, Embedded Channel Finance, and ML Data Extraction, Global PayEX enables companies to get paid faster, eliminate tedious manual AR work, and improve customers’ experience. Offering an end-to-end native-cloud solution, this JP Morgan-backed SaaS company enables finance teams to optimize working capital and remove inefficiencies from Accounts Receivable. Global PayEx was founded in 2011 and is based in Rockville, MD

Growfin provides accounts receivable automation software that helps enterprises in cash collections and makes cash flows more predictable by giving insights into a company's receivables. The company was founded in 2020 and is based in Marietta, Georgia.

Peakflo operates as a payment platform for streamlining bill payments and invoice collections. The platform automates accounts receivable processes for payees in small and medium-sized enterprises. It was founded in 2021 and is based in Singapore, Singapore.

Serrala is a global financial automation and B2B payments software company operating in the fintech industry. The company offers a range of services including automating accounts payable, cash application, and payments, as well as providing solutions for cash management and forecasting, collections and disputes, and credit and risk management. Its primary customer base includes enterprises of all sizes across various sectors. Serrala was formerly known as Hanse Orga. It was founded in 1984 and is based in Hamburg, Germany.

Tesorio delivers a cash flow performance platform. The platform applies machine learning to key financial data to help customers with accounts receivable automation including smart workflow tools, predicted pay dates, and automated collections forecasting. The company was founded in 2013 and is based in San Francisco, California.

Upflow offers software to help mid-market business-to-business (B2B) companies improve their cash collection and grow profitably. It aims to reduce day sales outstanding by tracking unpaid invoices, using technology that sits between a company's bank account and its customers to identify when invoices have been paid. It was founded in 2017 and is based in New York.

Wholesail operates as a modern payment and credit service provider. It provides invoice and accounts receivable and payable management between food suppliers and restaurants. It automates the accounts payable and expense management process. It was founded in 2018 and is based in San Francisco, California.