Billtrust Alternatives: Leading B2B Payment Automation for Modern Businesses Today

The accounts receivable automation market has evolved beyond legacy enterprise systems, creating opportunities for B2B businesses to accelerate cash flow without complex implementations. Modern AR automation platforms now combine buyer-friendly payment terms, instant credit decisions, and non-recourse financing—capabilities that traditional providers require months to deploy.

According to research from the Association for Financial Professionals, accounts receivable automation is a top priority for finance leaders. They aim to reduce Days Sales Outstanding while meeting buyer demand for flexible payments. This shift toward B2B payment platforms solves key challenges. It removes manual workflows and protects cash flow through risk transfer. It also enables embedded financing at checkout that boosts conversions without extra strain.

Key Takeaways

AI-powered automation drives efficiency: Resolve's AI-powered accounts receivable automation reduces manual work by automating credit checks, invoicing, and collections while providing real-time cash flow visibility
Non-recourse financing eliminates risk: Resolve offers non-recourse net terms financing with advance payments up to 100% of approved invoices, substantially reducing default risk for merchants
Implementation happens in days, not months: Modern platforms like Resolve integrate with existing ERP and ecommerce systems in hours to days versus traditional enterprise deployments that can take several months
Transparent pricing replaces hidden fees: Resolve's flat fee structure eliminates the complex fee schedules and monthly minimums common with legacy providers, with current rates available on the pricing page
Buyer experience drives sales growth: Platforms offering embedded net terms and BNPL at checkout increase conversion rates while giving buyers the payment flexibility they demand, as highlighted in McKinsey's Global Payments Report
Free business credit checks accelerate onboarding: Resolve provides personalized business credit checks free of charge, delivering results with just a business name and address

1. Resolve — The Complete B2B Payments Platform That Does It All

Resolve stands out as the premier Billtrust alternative by combining accounts receivable automation, embedded net terms, and non-recourse financing into a single platform. Resolve is a spinout of Affirm focused on B2B net terms and payments, announced publicly in 2021, bringing consumer fintech innovation to B2B payments with a mission to streamline net terms, accounts receivable, and payments processes.

Key Features:

100% non-recourse financing that substantially reduces default risk for merchants
AI-powered accounts receivable automation that manages credit, invoicing, and collections
Net 30, 60, or 90-day terms with advance payments up to 100% of approved invoices, typically within one business day
Free business credit checks requiring only business name and address
Transparent, risk-based pricing available on the pricing page
Seamless integrations with QuickBooks, Oracle, Shopify, BigCommerce, Magento, WooCommerce, NetSuite, and Xero
White-label payment portal accepting ACH, credit card, wire, or check

Comprehensive Platform Capabilities:

Resolve's platform serves as the "nerve center" for every B2B transaction type, whether ecommerce, marketplace, traditional sales, or hybrid. The B2B Net Terms solution simplifies B2B BNPL and AR automation, allowing merchants to offer extended terms while receiving cash upfront. The proprietary AI models evaluate thousands of buyer data points to generate dynamic, scalable credit decisions that traditional bureaus cannot match.

For ecommerce businesses, Net Terms for Ecommerce integrates directly into existing checkout flows with instant approvals for qualifying purchases. The B2B Payments Platform streamlines reconciliation with AI-powered invoicing workflows that automatically sync transactions to accounting systems.

Impact Metrics:

Companies implementing AR automation achieve measurable improvements in payment cycles and cash flow velocity. Resolve's customers report significant gains, with some achieving 50-60% faster payment cycles while offering buyers extended terms.

The platform's business credit check service delivers instant, data-rich credit decisions trusted by market leaders, combining AI, behavioral signals, and human expertise from former Amazon, PayPal, and Fortune 500 firms. This approach provides deeper credit insights than traditional bureaus while maintaining discretion—no customer interaction is needed for quiet pre-approval checks.

Transparent Pricing Structure:

Transparent, risk-based pricing with rates available on the pricing page
No monthly minimums, setup fees, or hidden charges
Custom pricing for enterprise volumes through Resolve pricing plans
All cash advances are non-recourse, substantially reducing merchant risk

Unlike traditional factoring, Resolve maintains merchant control over customer relationships while eliminating the collections burden. The platform is positioned as a modern alternative to factoring that combines embedded credit expertise, embedded invoice financing, and embedded payments into a single solution.

2. Stripe — Developer-First Payment Infrastructure

Stripe has built a comprehensive payment infrastructure serving millions of businesses worldwide. While primarily known for consumer payments, Stripe's B2B capabilities have expanded significantly with advanced features for subscription management, marketplace operations, and global payments.

Platform Strengths:

Extensive developer documentation and APIs
Global payment processing in 135+ currencies supported worldwide
Stripe Billing for subscription and recurring payments
Radar for fraud prevention and risk management
Connect for marketplace and platform businesses
Atlas for company formation and banking

Considerations for B2B:

While Stripe offers robust payment processing, it supports invoice payment terms and AR tooling (e.g., Invoicing, Billing, dunning), but does not provide buyer credit underwriting or non-recourse financing for extending net terms. Businesses needing to offer extended payment terms with credit risk transfer must integrate third-party credit services. The platform excels at payment acceptance but doesn't address the full order-to-cash lifecycle that platforms like Resolve provide.

Stripe's strength lies in its developer experience and global reach, making it ideal for businesses with strong technical teams who need to build custom payment workflows. However, for companies seeking an out-of-the-box solution for net terms, credit management, and AR automation, specialized platforms offer more comprehensive functionality.

3. Elavon — Traditional Payment Processing with Limited AR Features

Elavon provides traditional payment processing services as a subsidiary of U.S. Bank. The company offers merchant services, payment gateway solutions, and point-of-sale systems primarily focused on payment acceptance rather than comprehensive accounts receivable management.

Service Offerings:

Credit card and debit card processing
Mobile and online payment acceptance
POS systems and hardware
Basic reporting and analytics
Fraud prevention tools

Limitations for Modern B2B:

Elavon lacks the advanced AR automation, net terms financing, and AI-powered credit underwriting that modern B2B businesses require. The platform focuses on payment acceptance rather than the complete invoice-to-cash workflow. Businesses using Elavon for payment processing still need separate solutions for credit management, invoice automation, and collections.

For companies seeking a complete B2B payments solution that addresses cash flow acceleration, risk management, and buyer experience, specialized platforms like Resolve offer significantly more value than traditional payment processors.

4. Versapay — AR Automation Focused Platform

Versapay specializes in accounts receivable automation with a collaborative platform designed to improve cash flow and reduce DSO. The company serves thousands of customers with a focus on AR automation rather than credit extension.

Core Capabilities:

Customer portal with high adoption rates
AI-powered cash application with strong matching accuracy
Real-time dispute resolution and collaboration
Native ERP integrations with major accounting systems
Automated payment reminders and dunning management

Pricing Model:

Versapay uses a subscription-based pricing model with tiered plans based on company size and features. Additional transaction fees apply for payment processing. While the platform excels at AR automation, it doesn't provide net terms financing or credit underwriting services, requiring businesses to manage credit risk independently.

For companies specifically seeking net terms financing with non-recourse protection, platforms like Resolve offer a more comprehensive solution that combines AR automation with embedded credit and financing capabilities.

5. Bill.com — Comprehensive AP/AR Automation

Bill.com provides end-to-end accounts payable and accounts receivable automation for small and mid-sized businesses. The publicly traded company serves a large network of business customers with a network approach to B2B payments.

Platform Features:

Automated invoice processing with OCR technology
Customizable approval workflows for AP and AR
Payment processing via ACH, check, and credit card
Integration with major accounting software
Mobile app for on-the-go approvals
Through BILL Spend & Expense, the platform offers corporate charge cards and working capital products

Considerations:

While Bill.com offers comprehensive financial automation, its net terms capabilities are limited compared to specialized platforms like Resolve. The company's focus on both AP and AR means it doesn't provide the depth of credit underwriting, non-recourse financing, or buyer experience optimization that dedicated B2B payments platforms deliver.

For businesses primarily seeking AR automation with basic payment processing, Bill.com offers a solid solution. However, companies needing advanced net terms, credit management, and cash flow acceleration will find more specialized capabilities with platforms like Resolve.

6. Fundbox — Small Business Credit Lines

Fundbox provides credit lines for businesses ranging from $1,000 to $150,000, focusing on quick access to working capital rather than comprehensive AR automation.

Service Model:

Instant credit decisions with rapid funding
Credit lines up to $150,000 based on business metrics
Flexible repayment terms
Integration with accounting software
Streamlined application process for qualified businesses

Cost Structure:

Fundbox charges fees assessed per draw as a total percentage of the amount borrowed. Fee structures vary based on the business profile and repayment term selected, making it important for businesses to carefully review the total cost before committing.

While Fundbox provides valuable access to capital for businesses that traditional lenders overlook, it doesn't address the full AR automation and buyer experience needs that modern B2B platforms like Resolve deliver.

The Evolution of B2B Payments: Why Modern Platforms Outperform Legacy Systems

The B2B payments landscape has transformed dramatically, with accounts receivable automation becoming a top priority for finance leaders seeking to improve cash flow. Modern platforms have evolved from basic electronic invoicing to comprehensive order-to-cash solutions that incorporate AI-driven insights, embedded payments, and strategic financial capabilities.

Organizations implementing AR automation achieve measurable improvements in payment cycles and customer satisfaction with billing and payment processes. The integration of generative AI for automated customer communication and predictive analytics for identifying at-risk accounts represents the next frontier in AR automation.

However, integration challenges remain a primary barrier to AR automation adoption. This is where platforms like Resolve excel, offering pre-built integrations with major ERP and ecommerce systems that eliminate the complexity of traditional enterprise implementations.

Making the Right Choice for Your Business

For B2B companies evaluating Billtrust alternatives, the choice depends on your specific needs:

By Business Model:

Ecommerce businesses: Resolve's Net Terms for Ecommerce integrates directly into checkout flows with instant approvals
Traditional B2B distributors: Resolve's Net Terms Management handles credit checks, collections, and advance payments
Hybrid sales models: Resolve's platform supports all transaction types—online, offline, field reps, and embedded checkout
Marketplace operators: Resolve's flexible APIs integrate with any custom implementation

Cost Comparison Considerations:

Resolve: Transparent flat fees with no hidden charges (see pricing page)
Traditional processors: Complex fee structures with monthly minimums and setup fees
Credit line providers: Variable pricing with different cost structures
AR automation platforms: Subscription fees plus transaction costs

Implementation Timeline Reality:

Resolve: Hours to days with pre-built integrations
Traditional enterprise platforms: Can take several months from selection to production
Custom development: 3-6 months with ongoing maintenance requirements

For companies seeking to offer net terms while protecting cash flow and substantially reducing risk, Resolve's complete B2B payments platform provides the most comprehensive solution that addresses the full spectrum of modern B2B payment challenges.

Frequently Asked Questions

What is the best alternative to Billtrust for small businesses?

Resolve is the best Billtrust alternative for small businesses, offering AI-powered accounts receivable automation with transparent pricing and no minimums. It integrates with QuickBooks, Shopify, and BigCommerce for smooth operations. Free business credit checks and non-recourse financing remove risk and complexity from offering net terms.

How does Resolve Pay compare to Billtrust for invoice automation?

Billtrust focuses on invoice automation, while Resolve adds embedded net terms and financing. Gartner research shows integrated tools deliver faster ROI than single solutions. Resolve automates credit checks, invoicing, and payments to improve cash flow and reduce default risk.

How does Resolve help reduce Days Sales Outstanding (DSO)?

Resolve automates credit approvals, invoicing, and collections using AI, enabling businesses to offer net terms with lower risk. Faster approvals and payment reminders reduce late payments, shortening DSO and improving cash flow.

Is non-recourse financing available with Billtrust alternatives like Resolve?

Yes, Resolve uniquely offers non-recourse financing, assuming the credit and collection risk for merchants. This removes financial risk and complexity, allowing sellers to focus on growth without worrying about customer defaults.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.