September 2026 Edition, published · The permanent record of that edition, superseded since. The current standing is on the category page →
Index › Finance › Receivables and billing › Accounts receivable auto · September 2026 Edition

Accounts receivable automation

Asked as “accounts receivable automation software”, and as “collections management tool”, on behalf of a mid-market B2B company. 48 first choices recorded across the direct, paraphrase, budget and scale prompts, twelve models each.
Standing · first-choice share
15%
Contested · Billtrust 12%
15Zoho Books12Billtrust12Versapay60others

15% of first choices, contested.

By buyer segment

The same question asked on behalf of a different buyer. Each standing is computed within its segment; they sit side by side and are never added together.

The standing

Share is the count of first choices across the direct, paraphrase, budget and scale prompts, over all twelve models, for a mid-market B2B company. Ordered by share.
ProductFirst-choice shareNegative rateLabelsQuadrant
01Versapay12%7%28accepted challenger
02Billtrust12%13%30accepted challenger
03Quadient AR10%20%25accepted challenger
04HighRadius10%34%44criticized challenger
05Upflow6%0%17accepted challenger
06Chaser4%6%18accepted challenger
07Tesorio2%4%24accepted challenger
Show the one product at 0%, ordered by negative rate
08BILL Accounts Receivable0%35%23criticized challenger
Bars are the share of first choices, 0 to 100Every product with at least 10 labels here. Every product name links to its product page.
All twenty-one head-to-head pages: the top seven products, each against each

Recommended versus criticized

Every product with at least 10 labels here, on both axes. The 30% line names a quadrant, not the verdict above: that one needs more than 40%.

Criticized challengerCriticized default
Negative label rate →
01
02
03
04
05
06
07
08
Accepted challengerEndorsed leader
0%First-choice share → · lines at 30% share and 25% negative30%
Key
01Versapay12%
02Billtrust12%
03Quadient AR10%
04HighRadius10%
05Upflow6%
06Chaser4%
07Tesorio2%
08BILL Accounts Receivable0%

What they warned about

Zero of twelve models held their first choice under the paraphrase. Claude Haiku 4.5, GPT-5.4 mini, Gemini 3.5 Flash, Perplexity Sonar, Grok 4.20, Mistral Small, DeepSeek V4 Flash, Llama 4 Maverick, Qwen 3.7 Flash, Kimi K2, GLM 4.7 FlashX and MiniMax M2.5 changed. A high negative share on a product with few labels is a warning. A low share on a product with many labels is salience, not sentiment.
HighRadius
34%
15 of 44 labels negative · 9 of 12 models · 6 hard negative
“you want to avoid high-end enterprise AR suites (like HighRadius or Quadient/YayPay), which carry steep implementation fees and long sales cycles” Gemini 3.5 Flash, budget prompt
BILL Accounts Receivable
35%
8 of 23 labels negative · 5 of 12 models · 2 hard negative
“Users frequently report sync issues between the platform and their primary accounting software... defeats the purpose of automation.” Qwen 3.7 Flash, negative prompt
Quadient AR
20%
5 of 25 labels negative · 5 of 12 models · 2 hard negative
“Feedback points toward complex processes and a confusing user interface that requires many clicks for standard tasks.” Qwen 3.7 Flash, negative prompt
Billtrust
13%
4 of 30 labels negative · 4 of 12 models · 1 hard negative
“2. Billtrust Reported Issues: - Invoicing and payment problems... Quote-only pricing makes cost comparison difficult” Kimi K2, negative prompt

What they cite

Twelve of the twelve models returned a source list in this edition: four return the pages they cited and eight the search results they consulted.

Sites the answers cite

66 of 72 answers in this category came back with a source list, from 12 of 12 models: citations where the model returns them, or the search results it consulted. 937 links across 213 sites, every framing counted. Ranked by the number of answers carrying the site or page.

vendor site · Billtrust31 answers · 48 citations · 11 models
vendor site · HighRadius25 answers · 43 citations · 12 models
vendor site · Stuut24 answers · 29 citations · 10 models
vendor site · Transformance22 answers · 24 citations · 11 models
vendor site · TreviPay20 answers · 21 citations · 10 models
vendor site · Tesorio19 answers · 22 citations · 10 models
18 answers · 26 citations · 9 models
vendor site · Lunos18 answers · 18 citations · 9 models
vendor site · G217 answers · 35 citations · 9 models
vendor site · Emagia17 answers · 26 citations · 11 models
vendor site · Worldmetrics16 answers · 25 citations · 10 models
16 answers · 16 citations · 9 models

Pages the answers cite

The ten pages named in the most answers, by full address. A page here is one the models returned with a recommendation, not one the index endorses.

Search against answers

Each company's standing in the answers beside its site's footprint in Google search, one row a site: the products the models named on it with their shares, and the share they add up to; monthly searches on Google, and DataForSEO's estimate of AI search demand (modeled from search signals, directional, not a count of queries to any assistant), for the most-searched of the company's and its products' names (the name is in each row's hover text); estimated monthly organic visits to the site; and its best position in Google's top ten for “accounts receivable automation software”, “ar automation tools”, “best accounts receivable automation software”. US estimates from DataForSEO and Google's Ads Transparency Center. A small company's site, or a mid-sized company's site for its flagship, is marked company; a product on a large parent's site (Google, Microsoft) has no site figures. A column with no figures for this category is left out, and an empty cell means none were seen, not none exist. Two measurements side by side: neither is read as the cause of the other.
Company and productsShareOwn site citedName searches, GoogleAI search demand, est.Organic visitsPaid search a month, est.Google ads, last 30 daysBest Google position
Zoho zoho.com
Zoho Books 15%
15%36727,1002681,216,894 company$51,031119
Versapay versapay.com12%2526,60010639,155$12,320292
Billtrust billtrust.com12%3626,60015950,343$718156
Quadient quadient.com
Quadient AR 10%
10%76504131,433 company$8342
HighRadius highradius.com10%6046,600118294,561$2,2721201
Upflow upflow.io6%21388010225,361
Chaser chaserhq.com4%1786,120,00013,68311,0660
Gaviti gaviti.com4%10432046,0430
Wave waveapps.com4%363368,000253,218708,86239
Monk monk.com4%24201,00064,8303169

Google's top ten for the three searches hold 16 sites; 4 of them are among the sites the models cited here (billtrust.com, highradius.com, lunos.ai, trevipay.com). The first result for “accounts receivable automation software” is highradius.com.

How they answered

Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.
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ModelDirect“What is the best accounts receivable automation software for a mid-market B2B company?”Paraphrase“Which collections management tool would you recommend to a mid-sized B2B company?”Comparative“What are the top AR automation tools and how do they differ?”Budget-constrained“What is the best accounts receivable automation software for a company with a limited budget?”Scale-constrained“We are a 500 person company evaluating an accounts receivable automation software. What should we look at?”Negative“Which AR automation tools should I avoid or be cautious about?”
Claude Haiku 4.5Monk
Five alternativesBILL Accounts Receivable, HighRadius, Invoiced, Quadient AR, Versapay
no first choiceChangedno first choice
Three alternativesBilltrust, HighRadius, Versapay
Wave
Four alternativesBILL Accounts Receivable, FreshBooks, Invoice Fly, Zoho Books
no first choiceagainst: HighRadius
GPT-5.4 miniBilltrust, HighRadius
One alternativeEsker
HighRadiusChanged
Two alternativesBilltrust, Cforia
HighRadius
Three alternativesBlackLine Invoice-to-Cash, SAP S/4HANA Cloud Accounts Receivable Automation, Tesorio
Bill360
Three alternativesAnchor, PayPal Invoicing, Sequence
against: BILL Accounts Receivable
no first choicenothing named
Gemini 3.5 FlashQuadient AR
Five alternativesBilltrust, Gaviti, Tesorio, Upflow, Versapay
ChaserChanged
Four alternativesGaviti, Resolve Pay, Tesorio, Upflow
against: Billtrust, HighRadius
no first choiceMelio
Four alternativesBILL Accounts Receivable, Envoice, Wave, Zoho Books
against: HighRadius, Quadient AR
Versapay
Four alternativesBilltrust, Gaviti, Quadient AR, Tesorio
against: BILL Accounts Receivable, HighRadius, Paystand, Versapay
Perplexity SonarQuadient AR
Five alternativesBilltrust, Credit-IQ, HighRadius, Upflow, Versapay
VersapayChanged
Four alternativesBilltrust, Chaser, HighRadius, Upflow
no first choiceZoho Books
Two alternativesBILL Accounts Receivable, Wave
no first choiceagainst: Billtrust, HighRadius
Grok 4.20Billtrust
Four alternativesChaser, HighRadius, Quadient AR, Versapay
VersapayChanged
Two alternativesBilltrust, Tesorio
against: BILL Accounts Receivable, HighRadius
Billtrust, HighRadius
Five alternativesChaser, Quadient AR, Tesorio, Upflow, Versapay
Zoho Books
Three alternativesMelio, Merclex, Wave
against: BILL Accounts Receivable, Paidnice
no first choiceagainst: BILL Accounts Receivable, HighRadius, Quadient AR
Mistral SmallHighRadius, Quadient AR
Two alternativesBilltrust, Tesorio
Finvi, MonkChanged
Three alternativesResolve Pay, Tesorio, Transformance CollectPulse
HighRadius
Two alternativesTesorio, Upflow
against: Quadient AR
Zoho Books
Two alternativesFreshBooks, Nickel
no first choicenothing named
DeepSeek V4 FlashQuadient AR, Versapay
Three alternativesChaser, Esker, Upflow
against: HighRadius
Billtrust, UpflowChanged
One alternativeChaser
HighRadius
Six alternativesBilltrust, Chaser, Kognitos, LedgerUp, Tesorio, Versapay
Zoho Books
Two alternativesInvoice Fly, Wave
against: Chaser, HighRadius, Tesorio, Versapay
no first choiceagainst: HighRadius, Quadient AR, Sage Intacct
Llama 4 MaverickHighRadius
Three alternativesCredit-IQ, Quadient AR, Tesorio
Transformance CollectPulseChanged
Three alternativesFinvi, Lockstep, Resolve Pay
no first choiceNickel
Six alternativesInvoiced, Quadient AR, Tesorio, Upflow, Versapay, Yonovo
no first choicenothing named
Qwen 3.7 FlashVersapay
Four alternativesBILL Accounts Receivable, Billtrust, Quadient AR, Tesorio
Billtrust, UpflowChanged
Three alternativesQuadient AR, Resolve Pay, Transformance CollectPulse
HighRadius
Four alternativesBILL Accounts Receivable, Chaser, Lunos, Upflow
Zoho Invoice
Three alternativesA/R PowerUser, Chase Invoice, InvoiceMonkey
against: BILL Accounts Receivable
no first choiceagainst: BILL Accounts Receivable, HighRadius, Quadient AR
Kimi K2Billtrust, Versapay
Three alternativesHighRadius, Quadient AR, Yonovo
Gaviti, UpflowChanged
Three alternativesBilltrust, Chaser, Tesorio
against: HighRadius
Billtrust, HighRadius
Eight alternativesBILL Accounts Receivable, Centime, Chaser, Invoiced, Quadient AR, Tesorio, Upflow, Versapay
Wave, Zoho Books
Three alternativesFreshBooks, Invoice Fly, Melio
no first choiceagainst: Billtrust, HighRadius
GLM 4.7 FlashXQuadient AR
Three alternativesHighRadius, Tesorio, Versapay
Chaser, GavitiChanged
Three alternativesKolleno, Sidetrade, Versapay
against: Billtrust, HighRadius
Paraglide
Three alternativesBilltrust, HighRadius, Serrala Alevate AR
Zoho Books
Four alternativesFreshBooks, Invoice Fly, Merclex, Nickel
no first choicenothing named
MiniMax M2.5Billtrust
Two alternativesHighRadius, Versapay
Lockstep, TesorioChanged
Three alternativesGaviti, HighRadius, Versapay
HighRadius
Four alternativesChaser, Invoiced, Kolleno, Upflow
Zoho Books
Three alternativesBILL Accounts Receivable, FreshBooks, Yonovo
HighRadius
Three alternativesBilltrust, Credit-IQ, Esker
against: AutoRABIT, BILL Accounts Receivable, HighRadius
Bold is the first choiceAlternatives are counted; the count opens them.What the answer argued against

The record

One row per call: the version string exactly as returned, whether the model searched, sources cited, and latency.
Seventy-two rows: every prompt, every model, every answer.
PromptModelVersion stringTime (UTC)SearchedSourcesLatency
Direct recommendationClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:42yes99 s
Direct recommendationGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:46yes34 s
Direct recommendationGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:30yes2323 s
Direct recommendationPerplexity Sonarsonar2026-09-17 17:26yes208 s
Direct recommendationGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:26yes3019 s
Direct recommendationMistral Smallmistral/mistral-small via mistral2026-09-17 17:41yes54 s
Direct recommendationDeepSeek V4 Flashdeepseek/deepseek-v4-flash via fireworks2026-09-17 17:34yes1010 s
Direct recommendationLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:42yes52 s
Direct recommendationQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:35yes516 s
Direct recommendationKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:45yes824 s
Direct recommendationGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:33yes3387 s
Direct recommendationMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:32yes2026 s
ParaphraseClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:31no04 s
ParaphraseGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:47no06 s
ParaphraseGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:47yes917 s
ParaphrasePerplexity Sonarsonar2026-09-17 17:47yes207 s
ParaphraseGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:28yes3015 s
ParaphraseMistral Smallmistral/mistral-small via mistral2026-09-17 17:45yes522 s
ParaphraseDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-09-17 17:47yes2145 s
ParaphraseLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:38yes52 s
ParaphraseQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:27yes516 s
ParaphraseKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:38yes1326 s
ParaphraseGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:27yes928 s
ParaphraseMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:47yes521 s
ComparativeClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:45yes99 s
ComparativeGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:37yes79 s
ComparativeGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:43yes1922 s
ComparativePerplexity Sonarsonar2026-09-17 17:32yes206 s
ComparativeGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:44yes2212 s
ComparativeMistral Smallmistral/mistral-small via mistral2026-09-17 17:40yes98 s
ComparativeDeepSeek V4 Flashdeepseek/deepseek-v4-flash via fireworks2026-09-17 17:35yes2525 s
ComparativeLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:44yes52 s
ComparativeQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:46yes528 s
ComparativeKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:28yes924 s
ComparativeGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:32yes2939 s
ComparativeMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:46yes2550 s
Budget constrainedClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:33yes912 s
Budget constrainedGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:39yes25 s
Budget constrainedGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:27yes1622 s
Budget constrainedPerplexity Sonarsonar2026-09-17 17:32yes206 s
Budget constrainedGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:40yes3715 s
Budget constrainedMistral Smallmistral/mistral-small via mistral2026-09-17 17:29yes54 s
Budget constrainedDeepSeek V4 Flashdeepseek/deepseek-v4-flash via fireworks2026-09-17 17:26yes99 s
Budget constrainedLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:47yes53 s
Budget constrainedQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:35no029 s
Budget constrainedKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:36yes1937 s
Budget constrainedGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:31yes1094 s
Budget constrainedMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:39yes514 s
Scale constrainedClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:42yes1711 s
Scale constrainedGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:30no010 s
Scale constrainedGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:48yes1423 s
Scale constrainedPerplexity Sonarsonar2026-09-17 17:47yes209 s
Scale constrainedGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:34yes1411 s
Scale constrainedMistral Smallmistral/mistral-small via mistral2026-09-17 17:26no07 s
Scale constrainedDeepSeek V4 Flashdeepseek/deepseek-v4-flash via deepinfra2026-09-17 17:37yes1337 s
Scale constrainedLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:31yes54 s
Scale constrainedQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:45no029 s
Scale constrainedKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:30yes1428 s
Scale constrainedGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:44yes1594 s
Scale constrainedMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:41yes520 s
Negative framingClaude Haiku 4.5claude-haiku-4-5-202510012026-09-17 17:29yes1812 s
Negative framingGPT-5.4 minigpt-5.4-mini-2026-03-172026-09-17 17:44yes48 s
Negative framingGemini 3.5 Flashgemini-3.5-flash2026-09-17 17:32yes1928 s
Negative framingPerplexity Sonarsonar2026-09-17 17:33yes208 s
Negative framingGrok 4.20spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version)2026-09-17 17:44yes3817 s
Negative framingMistral Smallmistral/mistral-small via mistral2026-09-17 17:45yes55 s
Negative framingDeepSeek V4 Flashdeepseek/deepseek-v4-flash via fireworks2026-09-17 17:34yes3031 s
Negative framingLlama 4 Maverickmeta/llama-4-maverick via bedrock2026-09-17 17:33yes52 s
Negative framingQwen 3.7 Flashalibaba/qwen3.7-flash via alibaba2026-09-17 17:49yes1051 s
Negative framingKimi K2moonshotai/kimi-k2 via novita2026-09-17 17:40yes2837 s
Negative framingGLM 4.7 FlashXzai/glm-4.7-flashx via zai2026-09-17 17:47yes1528 s
Negative framingMiniMax M2.5minimax/minimax-m2.5 via minimax2026-09-17 17:48yes1426 s

Noise floor in this category

Flips between the edition run and its calibration repeat. Six prompts per model is a small sample; the index-wide floor is the number to trust.

ShowHide
Claude Haiku 4.5
3 of 4 flipped
GPT-5.4 mini
3 of 4 flipped
Gemini 3.5 Flash
4 of 5 flipped
Perplexity Sonar
4 of 4 flipped
Grok 4.20
4 of 5 flipped
Mistral Small
2 of 4 flipped
DeepSeek V4 Flash
2 of 4 flipped
Llama 4 Maverick
3 of 3 flipped
Qwen 3.7 Flash
4 of 4 flipped
Kimi K2
6 of 6 flipped
GLM 4.7 FlashX
3 of 4 flipped
MiniMax M2.5
4 of 5 flipped

Normalization in this category

Every judgment call made between the raw labels and the numbers above, listed so it is visible and reversible.

ShowHide
Category-scoped readings
BILL read as BILL Accounts Receivable
BILL (formerly Bill.com) read as BILL Accounts Receivable
BILL AP/AR read as BILL Accounts Receivable
BILL AP/AR (formerly Bill.com) read as BILL Accounts Receivable
Bill.com read as BILL Accounts Receivable
BlackLine read as BlackLine Invoice-to-Cash
Microsoft Dynamics read as Microsoft Dynamics 365
Quadient read as Quadient AR
Quadient (AR Platform) read as Quadient AR
Quadient (YayPay) read as Quadient AR
Quadient Accounts Receivable read as Quadient AR
Quadient/YayPay read as Quadient AR
SAP S/4HANA AR Automation / SAP Cash Application read as SAP S/4HANA Cloud Accounts Receivable Automation
Serrala read as Serrala Alevate AR
Transformance read as Transformance CollectPulse
Transformance (CollectPulse) read as Transformance CollectPulse
Wave Accounting read as Wave
Unresolved, counted raw
A/R PowerUser
AutoRABIT
Chase Invoice
Cloudinary
Dollardrain
Hightail
InvoiceMonkey
Lido
Sequence
Widen
Discontinued, still offered
No shut-down product was recommended here.
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