Top 10 Accounts Receivable Solution Companies - 2019

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A.R.M. Solutions: A Cost Effective and Diplomatic Approach to Collections

Top 10 Accounts Receivable Solution Companies - 2019

For long, Accounts Receivable (AR) has been a critical aspect of businesses pertaining to purchasing and increasing cash flow. As a vital operational function, AR systems and software are employed to ensure that invoices go out on time, and payments are made according to the agreed-upon terms. Apart from focusing on revenues, net income, and earnings per share, investors can investigate a business’s revenues and profits and determine how well they are controlling expenses and maintaining adequate cash flows by analyzing the accounts receivable. Enterprises are increasingly adopting cloud-based accounts receivable management software to man the accounts receivable department at a lower cost while offering more services. When adopting new techniques, it is vital for enterprises to choose the best accounts receivable solutions and services that extend the ability to assess their business needs and bring about the desired outcomes.

To assist enterprises in this task, CFO Tech Outlook has compiled a list of top 10 accounts receivable solutions and services companies that are on a relentless pursuit to ideate, create, and implement AR solutions and services across diverse industries. These companies specialize in navigating their clients through the complex labyrinth of AR and help them improve collections, along with their lifecycle, from order to cash. Equipped with innovative technological capabilities, these solution and service providers can effectively implement the best account receivables practices and deliver frequent analysis, automation, reporting, improved communication, and flexibility. This edition also blends thought leadership articles from subject-matter experts with real-life stories, including exclusive insights from CIOs and CXOs.

In leafing through this edition of CFO Tech Outlook, your enterprise stands on the cusp of benefitting from AR solutions and services, forging a potentially long-term partnership with a reliable solution and service provider.

We present to you CFO Tech Outlook’s “Top 10 Accounts Receivable Solution Companies 2019.”

Top Accounts Receivable Companies

Founded in 2000, More4Apps is a privately held company based in Hamilton, Waikato. More4Apps offers a broad selection of Excel-based data integration products to process information with superior speed and accuracy. This provides more reliable, timely data delivery for users of the Oracle E-Business Suite who are looking for the best user experience available. More4Apps are specialists in providing software products for both end-users and developers. The core purpose of all product range is to enable Oracle EBS users to easily upload and download data in order to improve business process efficiency and data accuracy. Designed and developed with input from customers, More4Apps products include feature-rich Wizards, task-specific Loaders, and a developer tool that can be easily adapted for myriad specialist uses

more4apps.com

Unified simplifies B2B AR Cycles and Payment Acceptance with best-in-class solutions, cloud-based technology and complimentary ongoing consultation from payment industry experts to help businesses get paid faster, smarter and at reduces costs. Unified's executive team brings more than 100 years of combined management success from the payments industry, having partnered with many of the nation’s largest Trade and Professional Associations, Financial Institutions, Technology Firms and Franchises. Unified is headquartered in Franklin, TN

www.gounified.com

VoApps is an Atlanta-based technology company that provides innovative voicemail solutions to help businesses reach mobile contacts with consideration and compliance. They have patented solutions that optimize collections and call center efficiency. DirectDrop Voicemail, our flagship solution, delivers a voice message directly to the consumers’ voicemail server – without calling their phone. Over 100 million messages have been given to mobile users with DirectDrop Voicemail, and that number grows daily. Based in Sandy Springs, GA VoApps provide Next Generation Voice Applications and DirectDrop Voicemail. VoApps works closely with its clients to ensure they have tools to deliver within the guidelines of their industry and location conservatively

www.voapps.com

Acumatica

Acumatica

Headquartered in Bellevue, WA, the Acumatica ERP system delivers adaptable cloud and mobile technology with a unique, all-inclusive user licensing model. Acumatica is a privately held company that provides a complete real-time view of your business anytime, anywhere, on any device. Through their worldwide network of partners, Acumatica ERP provides a full suite of integrated business management applications, including Financials, Distribution, Project Accounting, and CRM, as well as separate Field Service Edition, Commerce Edition, Manufacturing Edition, and Construction Edition. There is only one true Cloud ERP platform designed for mid-sized customers: Acumatica

Anytime Collect

Anytime Collect

Anytime Collect helps its clients in getting paid faster by automating their accounts receivable and collections process. The platform is made explicitly for firms selling on credit terms. Anytime Collect automates everything from invoice dispute management, cash forecasting, invoice presentment, customer communications, and online bill pay and credit management. Founded in 2008, the company has more than a decade’s experience in building and automating the credit and collections process. Anytime Collect thinks that connected accounting is a better way than email to connect with customers and stay ahead with receivables

BlueSnap

BlueSnap

BlueSnap is a global payments company that looks at eCommerce a little differently. The company provides an All-in-one payment platform designed to accelerate commerce for and B2C businesses. As a company, BlueSnap is payment experts, technologists, veteran developers, and business professionals who are globally-minded, customer-focused and always driven to find a better way. The platform developed by the company supports online and mobile sales, marketplaces, subscriptions, invoice payments, and manual orders through a virtual terminal. The platform includes access to 100 payment types, including popular e-wallets, built-in world-class fraud prevention to protect sales, and detailed analytics to help businesses grow

InvoiceSherpa

InvoiceSherpa

InvoiceSherpa is an industry-leading A/R platform with integrated payment solutions. The company’s mission is simple; they want to make their client's lives easier by getting them paid faster for their hard work and effort. InvoiceSherpa instantly integrates and syncs with most major accounting software, including QuickBooks, Xero, Freshbooks, Harvest, SageOne, and others. The platform has one-click synchronization with its client's accounting software, which pulls invoices and customer data. InvoiceSherpa automatically sends out the initial invoice, late payment reminders, auto-collects from customers, and deposits the payment directly into the bank account

QuickBooks

QuickBooks

QuickBooks is an accounting software package developed and marketed by Intuit. The products are focused mainly on small and medium-sized businesses. The company offers cloud-based versions as well as on-premise accounting applications that accept business payments, payroll functions, and manage and pay bills. Intuit has integrated several web-based features such as remote access capabilities, electronic payment functions, remote payroll assistance, online banking and reconciliation, marketing options through Google, mapping features through integration with Google Maps, Outlook Express, and improved e-mail functionality through Microsoft Outlook

Sage Intacct

Sage Intacct

Established in 1999, Sage Intacct is part of the Sage Business Cloud. Sage Intact is headquartered in San Jose and have a nationwide award-winning channel program. Thousands of organizations rely on Sage Intact’s best-in-class cloud ERP software, which is part of the Sage Business Cloud, to deliver the efficiencies and insights that keep them on the fast track of growth, from their first million to their first billion, and beyond. They are the only cloud accounting Software Company to be appointed a preferred provider by the American Institute of Certified Public Accountants (AICPA) and recognized by finance professionals as the highest-rated solution for customer satisfaction

YayPay

YayPay

YayPay is a complete accounts receivable management platform that gives accounting teams more time, more insight, and more control. The platform provides more freedom to focus on what matters, such as reducing DSO, accurately predicting cash flow, deepening customer connections, and increasing revenue. YayPay, a venture-backed company, is rapidly growing at the forefront of back-office automation and machine learning. The company’s leadership team has years of experience, and the company is backed by some of the world’s best FinTech and SaaS investors, such as Information Venture Partners, Birchmere, and Fifth Third Bank