AR Automation Software

Apruve provides a corporate account management and financing solution which allows online B2B sellers to give their business customers a revolving line of credit without any accounts receivable or cash flow risk. Apruve offers A/R automation with guaranteed next-day financing on all open invoices. The company was founded in 2013 and based in Minneapolis, Minnesota.

HighRadius is a fintech enterprise SaaS platform that automates accounts receivable and treasury processes with AI-based autonomous systems powered by the Rivana AI Engine and Freeda Digital Assistant. HighRadius Integrated Receivables platform reduces cycle times in order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections. HighRadius Treasury Management helps teams achieve touchless cash management, accurate forecasting, and seamless bank reconciliation.

DadeSystems provides account receivable (AR) automation solutions. Its SaaS-based enterprise platform includes DadePay AR Automation, which automatically captures all incoming payments, including cash, checks, ACH, EFT, and credit cards, and matches the payments to open invoices and updates the companies' ERP systems for immediate deposit; and ePayment customer portal and fully integrated mobile application, which allows companies to send notifications and alert customers when payments are due. The company was founded in 2011 and is based in Miami, Florida.On April 18th, 2022, DadeSystems was acquired by Versapay. The terms of the transaction were not disclosed.

M1xchange is a holder of the TReDS (Trade Receivables Discounting System) licenses issued by the Reserve Bank of India. The technology platform acts as an exchange to facilitate the financing of trade receivables of micro, small and medium enterprises from corporate buyers through 'factoring' or 'invoice discounting' by external financiers. It focuses on ensuring seamless liquidity flow between all stakeholders, providing bill discounting and more. It was founded in 2002 and is based in Haryana, India.

Blu is a platform for prepayment and management of receivables for small retailers. The company is on a mission to connect the retail industry through financial solutions.

Tesorio is a cash flow performance platform that helps finance teams better manage, predict and collect cash. Tesorio's cash flow performance 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.

Cobre Facil Online is a platform that facilitates the process and management of receivables, payments and financial services focused on the offline market of providing services and retail to freelancers and SMEs.On January 26th, 2022, Cobre Facil Online merged with Credoro.

Transworld Systems provides accounts receivable management, debt collections, and loan servicing solutions. The company's global operations are powered by its proprietary data analytics and best-in-class compliance management system.

Collectly is an automated solution for chasing up late payments. Collectly allows its corporate customers significantly increase financial liquidity by utilizing the in-house made AI to automate B2B receivables management. Colleclty is useful specifically for SMEs, who look for an easy-to-use yet comprehensive solution to automatically collect outstanding debts. By using Collectly, an average user collects about 65% of all outstanding debts fully automatically in a pre-legal stage, without any advances or commissions.

Likvido is a debt collection agency that also developed a software solution for automating the accounts receivable management process: invoices sendin, automate reminders, fully licensed debt collection & updates accounting when paid.