FAC Solutions Alternatives: 7 Best B2B Payment & AR Automation Platforms

While traditional B2B payment solutions often leave businesses waiting 30-90 days for customer payments while bearing all the credit risk, modern alternatives have emerged to solve these fundamental challenges. Resolve Pay leads this transformation with non-recourse financing that pays merchants in 1-2 days while assuming 100% of the credit risk—eliminating the trade-off between offering attractive net terms and maintaining healthy cash flow.

Key Takeaways

Non-recourse financing eliminates bad debt risk: Resolve provides 100% non-recourse financing with zero merchant liability, paying up to 100% of invoice value within about 24 hours
AI-powered credit decisions in seconds: Modern platforms deliver instant to 24-hour credit approvals using machine learning, dramatically faster than manual processes
E-commerce native integration: Resolve offers the only deep integrations with Shopify, BigCommerce, WooCommerce, and Magento for embedded net terms at checkout
Transparent flat-fee pricing: Resolve's 2.61%-3.5% flat fees provide predictable costs versus opaque enterprise pricing models requiring custom quotes
Hours to days implementation: Resolve enables same-day launch for basic integrations versus weeks or months for traditional AR platforms
Cash flow transformation: Businesses report 50-60% DSO reduction and 90% AR workload reduction when switching to modern platforms

1. Resolve — The Modern Alternative to Factoring

Resolve stands out as the premier alternative for B2B businesses seeking to offer net terms without bearing the associated risks. Founded in 2019 as a spin-off from Affirm and backed by PayPal co-founder Max Levchin, Resolve brings consumer fintech innovation to B2B payments with a platform that combines embedded credit expertise, invoice financing, and payments into a single solution.

Key Features:

100% non-recourse financing with zero merchant risk
AI-powered credit decisions in seconds to hours
Net 30, 60, or 90-day payment terms
Up to 100% advance payment within about 24 hours
Transparent flat fees of 2.61% for 30-day net terms or up to 3.5% for e-commerce
Integration with QuickBooks, NetSuite, and Xero
Native e-commerce integrations (Shopify, BigCommerce, WooCommerce, Magento)
White-label payment portal for customers

Pricing Structure:

Flat 2.61% fee for 30-day net terms or up to 3.5% for e-commerce
No setup costs, monthly minimums, or hidden fees
Risk-based advance rates (100%, 75%, or 50%) based on buyer creditworthiness
Custom pricing available for enterprise volumes

The platform's AI-powered automation reduces manual AR work by 90%, while its LLM-powered invoicing workflow automatically syncs transactions across systems. Recent case studies demonstrate significant impact: Marshall Wolf Automation streamlined their entire B2B payment process, Lift Foils scaled pre-season orders with risk-free credit, and Shields won new business by offering competitive net terms.

Unlike traditional invoice factoring, Resolve maintains merchant control over customer relationships while eliminating the collections burden. The platform is trusted by 12,000+ businesses with backing from Initialized Capital and Commerce Ventures through $60 million in Series A funding.

The B2B payments landscape has evolved dramatically, with embedded payments transforming how businesses transact. According to Fortune Business Insights, the global real-time payments market reached $24.91 billion in 2024, with forecasts of 35.4% CAGR through 2032. This growth has fueled innovation in net terms financing, creating sophisticated alternatives that often surpass traditional solutions in specific areas critical to mid-market businesses.

2. Versapay — Traditional AR Automation Without Financing

Versapay represents the established approach to B2B payments, focusing exclusively on accounts receivable automation rather than credit extension. Founded in 2006, the company serves mid-market to enterprise businesses with a collaborative AR platform that streamlines invoicing and collections.

Platform Strengths:

Collaborative payment portal with customer self-service
AI-powered cash application with automated matching
Real-time dispute resolution and payment tracking
Broad ERP integrations including NetSuite, Sage Intacct, and Microsoft Dynamics
Automated payment reminders and collections workflows
Level 2/3 credit card processing optimization

Subscription Pricing:

Annual subscriptions ranging from approximately $100 to $33,000+
Additional payment processing fees apply
Implementation costs estimated up to $50,000+
Custom pricing requiring sales consultation

Customer reviews highlight Versapay's efficiency gains, with businesses reporting significant reductions in manual AR work. However, companies specifically seeking net terms financing will find Versapay lacking—merchants must still wait the full net terms period (30-90 days) for payment and bear 100% of the bad debt risk.

The focused approach benefits companies wanting best-in-class AR automation without the complexity of managing trade credit programs, making it complementary to pure net terms solutions like Resolve.

3. Bill.com — AP/AR Automation for SMBs

Bill.com has built a substantial B2B payment network with approximately 494,000 business customers as of fiscal 2024, providing comprehensive accounts payable and receivable automation. The publicly traded company offers a balanced approach that works well for small to mid-sized businesses not requiring net terms financing.

Network Advantages:

Automated invoice processing with OCR technology
Customizable approval workflows for payments
Two-way sync with QuickBooks and NetSuite
Mobile app for on-the-go approvals
Automatic vendor enrollment in payment network
Strong accounting firm partnerships

Transaction-Based Pricing:

Estimated 1% ACH fees ($9.99 minimum)
Around 2.9% credit card processing fees
$11.99+ for Pay Faster ACH
Monthly subscription fees for advanced features

Reviews highlight the user-friendly interface and strong SMB adoption, though the platform lacks credit underwriting or net terms capabilities. For companies wanting comprehensive financial automation beyond trade credit, Bill.com offers a mature solution that can replace multiple systems. However, businesses offering net terms will still face 30-90 day cash flow gaps and bear full bad debt exposure.

4. HighRadius — Enterprise AR for Fortune 500

HighRadius represents the enterprise-grade alternative, serving over 1,100 global clients, including more than 200 from the Fortune 500, such as 3M, Unilever, and Bristol-Myers Squibb. Founded in 2006, the company provides comprehensive accounts receivable automation with advanced AI capabilities.

Enterprise Features:

Advanced AI cash application with 95%+ auto-matching
Predictive analytics for collections and credit risk
Comprehensive module suite (credit, collections, cash app, deductions, eInvoicing)
Integration with SAP, Oracle, and NetSuite
Global compliance and multi-currency support
Dedicated implementation and support teams

Custom Enterprise Pricing:

Estimated custom quotes typically $150,000-$500,000+ annually
Implementation costs around $100,000-$200,000+
3-6 month implementation timeline
Requires dedicated AR team for optimal utilization

HighRadius delivers comprehensive AR automation capabilities with proven results for enterprise clients. However, the platform focuses exclusively on AR automation—merchants still wait 30-90 days for customer payments and bear full credit risk. The comprehensive feature set and high cost make it less suitable for mid-market businesses that can achieve significant value with faster implementation using modern alternatives like Resolve.

5. Billtrust — Invoice-to-Cash Automation

Billtrust provides end-to-end order-to-cash automation for mid-to-large enterprises, processing billions in annual transactions across millions of invoices. Founded in 2001, the company focuses on invoice delivery and payment processing through its Business Payments Network.

Core Capabilities:

Extensive AP portal connections for automated invoice delivery
Digital invoice presentment and payment processing
Virtual card acceptance and Level 3 optimization
Integrated lockbox and check scanning services
Automated cash application and reconciliation
Multiple ERP integrations

Custom Pricing Model:

Subscription-based pricing requiring sales consultation
Additional payment processing fees apply
Months-long implementation timeline
Enterprise-focused with high minimum requirements

Billtrust excels at multi-channel invoice presentment, ensuring invoices reach customers through their preferred channels. However, it provides no financing or credit risk protection—merchants still wait 30-90 days for payment and bear 100% of bad debt risk. The platform's strength in invoice delivery complements but doesn't replace the cash flow solutions that modern alternatives like Resolve provide.

6. TreviPay — Global B2B BNPL

TreviPay processes over $6 billion in annual B2B trade volume across 32 countries, providing global B2B buy-now-pay-later solutions for enterprise businesses. Founded in 2013, the company offers white-label net terms for marketplaces and platforms.

Global Features:

International net terms in multiple currencies
White-label embedded checkout for marketplaces
Credit underwriting and risk assumption
Platform SDKs for custom integrations
Global compliance and regulatory expertise
Enterprise-grade security and fraud prevention

Revenue Share Pricing:

Custom pricing model requiring sales consultation
Weeks-long implementation timeline
Estimated 7 days for payment advances (slower than Resolve's 1-2 days)

TreviPay's global reach and marketplace focus make it suitable for businesses with significant international operations. However, the opaque pricing model and slower funding timeline put it at a disadvantage compared to Resolve's transparent 2.61%-3.5% flat fees and 1-2 day payment advances. The platform's enterprise focus also means it may not be accessible or cost-effective for mid-market businesses that represent the majority of B2B commerce.

7. Balance — API-First Marketplace Payments

Balance offers a developer-first approach to B2B payments, backed by Y Combinator and $56 million in funding. The platform specializes in marketplace and platform payments with an API-first architecture that enables rapid integration.

Technical Strengths:

API-first architecture for custom integrations
Instant credit approval and 24-hour funding
Zero DSO guarantee with immediate funds upon approval
300+ APIs for comprehensive payment orchestration
Developer-friendly documentation and sandbox
Zero merchant risk on approved transactions

Platform-Focused Pricing:

Custom transaction fees based on usage
No setup costs or monthly minimums
Days to weeks implementation timeline
Marketplace and platform specialization

Notable clients include marketplace businesses that benefit from Balance's API-first approach and instant approval capabilities. However, the platform's marketplace focus means it may not be optimized for direct B2B commerce businesses that need comprehensive AR automation and e-commerce integrations. Resolve's deeper e-commerce native capabilities and broader feature set make it more suitable for the majority of B2B businesses offering net terms directly to customers.

AI-Powered Automation Transforms B2B Payments

The integration of artificial intelligence into B2B payments represents a fundamental shift in how businesses manage credit, collections, and cash flow. Modern platforms leverage AI and machine learning to streamline credit decisions and improve operational efficiency.

Resolve's AI Capabilities:

AI-powered credit decisions in seconds to hours
LLM-powered invoice processing and reconciliation
Automated payment reminders and collections workflows
Predictive analytics for credit risk assessment
Real-time transaction syncing across systems

This AI-driven approach enables businesses to offer net terms confidently, knowing that credit decisions are based on comprehensive data analysis rather than manual reviews or limited credit bureau information. The result is faster approvals, reduced bad debt, and improved customer experiences—all while maintaining healthy cash flow through immediate payment advances.

The automation capabilities extend beyond credit decisions to encompass the entire accounts receivable workflow. Businesses using these modern platforms report dramatic reductions in manual work, with some eliminating up to 90% of repetitive AR tasks. This frees finance teams to focus on strategic activities rather than chasing payments and reconciling transactions.

Making the Right Choice for Your Business

For B2B companies evaluating payment platform alternatives, the choice depends on your business stage, technical requirements, and risk tolerance:

By Business Focus:

B2B E-commerce: Resolve (native Shopify, BigCommerce, WooCommerce, Magento integration)
Net Terms Financing: Resolve (100% non-recourse, 1-2 day payment, zero merchant risk)
SMB AP/AR Mix: Bill.com (balanced approach for businesses not offering net terms)
Enterprise AR: HighRadius (comprehensive suite for Fortune 500 with dedicated AR teams)
Traditional AR Automation: Versapay (mature platform for businesses with strong customer credit)
Global B2B BNPL: TreviPay (international reach and marketplace focus)
B2B Marketplaces: Balance (API-first architecture for platform businesses)

Cost Comparison for $1M Monthly Processing:

Resolve: $26,100-$35,000/month (2.61%-3.5% flat fee) with immediate cash flow benefit
Versapay: Estimated $5,423-$33,000/year subscription plus processing fees, but 30-90 day wait for payment
Bill.com: Estimated $120,000+ annually in transaction fees with no financing benefit
HighRadius: Estimated $150,000-$500,000+ annually with no cash advance capability

Implementation Timeline Reality:

Hours to days: Resolve (native integrations, self-service onboarding)
1-2 weeks: Bill.com (SMB-focused, low-touch implementation)
Weeks to months: Versapay (comprehensive AR setup, ERP integration)
3-6 months: HighRadius (enterprise deployment, custom configuration)

For businesses seeking to eliminate the cash flow gap between offering net terms and getting paid, Resolve's non-recourse financing provides the only true risk-free solution that pays merchants in 1-2 days while assuming 100% of the credit risk.

Frequently Asked Questions

How does Resolve's 'non-recourse' financing differ from traditional factoring?

Unlike traditional factoring, Resolve's non-recourse financing means merchants receive up to 100% of invoice value with zero liability if customers default. Traditional factoring often requires 5-20% fees, recourse provisions that hold merchants responsible for bad debt, and loss of customer relationship control. Resolve maintains white-label customer relationships while handling all credit risk, collections, and payment processing—providing true risk-free net terms financing.

What are the benefits of offering net terms to my B2B customers through Resolve?

Offering net terms through Resolve increases customer purchasing power by 30-60%, drives larger order values, and builds customer loyalty—all while protecting your cash flow. Resolve pays you within 1-2 days while your customers get 30, 60, or 90 days to pay. You eliminate bad debt risk through 100% non-recourse financing, reduce AR workload by 90% through AI automation, and enhance the customer experience with a branded payment portal that accepts ACH, credit card, wire, and check payments.

How does Resolve's AI-powered automation improve my accounts receivable process?

Resolve's AI automation reduces manual AR work by 90% through automated invoice processing, payment reconciliation, and collections workflows. The platform uses LLMs to map and sync transaction data in real-time, automatically sends payment reminders based on customer behavior patterns, and provides predictive analytics for credit risk assessment. This eliminates manual data entry, reduces payment delays, and accelerates cash flow while maintaining accurate financial records through automatic QuickBooks integration.

Can Resolve integrate with my existing accounting and e-commerce platforms?

Yes, Resolve offers native integrations with leading platforms including QuickBooks, NetSuite, Sage Intacct, Xero, Shopify, BigCommerce, WooCommerce, and Magento. The platform automatically syncs customer data, invoices, payments, and credit information between systems, eliminating manual data entry and ensuring accurate financial reporting. For custom platforms, Resolve provides a flexible REST API that enables seamless integration with any existing technology stack within hours to days.

What are the typical fees associated with using Resolve for net terms and invoice advances?

Resolve offers transparent flat-fee pricing with 2.61% fees for 30-day net terms or up to 3.5% for e-commerce transactions. There are no setup costs, monthly minimums, or hidden fees. Advance rates vary by buyer risk (100%, 75%, or 50%), with higher-risk customers receiving lower advance percentages. This transparent pricing model provides predictable costs compared to traditional factoring's complex fee structures or enterprise platforms' opaque custom pricing requiring sales consultations.

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.