Invoiced Alternatives: 7 Best Accounts Receivable Platforms for 2025

While Invoiced serves thousands of businesses with its AR automation platform, modern B2B companies increasingly demand more comprehensive solutions that combine AI-powered underwriting, non-recourse financing, and seamless payment processing. Today's leading alternatives deliver faster implementation, transparent pricing, and risk-free net terms that transform how businesses manage cash flow.

Key Takeaways

AP automation can reduce invoice processing costs substantially: Modern accounts payable automation platforms can reduce costs from double digits to low single digits per invoice while improving accuracy
Non-recourse financing eliminates merchant risk: For approved customers, Resolve can advance 90-100% of invoice value typically within one business day with zero recourse, protecting businesses from customer defaults
According to Data Bridge Market Research, cloud-based solutions account for 68.9% market share: Cloud-based solutions provide superior scalability and accessibility compared to on-premise alternatives
Integration capabilities determine success: Platforms with pre-built QuickBooks, NetSuite, and ecommerce integrations reduce implementation from months to days
IMARC Group forecasts the global e-invoicing market to grow from $15.9B in 2024 to $68.7B by 2033 (16.8% CAGR): Growing from $15.9 billion in 2024, indicating massive adoption acceleration
According to Invoiced, customers see 7 days improvement on payment cycles: AR automation platforms shrink time-to-cash by an average of 7 days with 11% reduction in receivables within 60 days

1. Resolve Pay — AI-Powered B2B Payments Without the Risk

Resolve Pay stands as the premier Invoiced alternative by completely eliminating merchant risk through 100% non-recourse financing while delivering instant credit decisions via proprietary AI. Spun off from Affirm in 2018 by founders with experience at Amazon, PayPal, and Fortune 500 companies, Resolve brings consumer fintech innovation to B2B commerce.

Advanced Platform Capabilities:

Non-recourse advance payment: Up to 90-100% of invoice value paid typically within one business day with zero merchant liability for defaults (for approved customers)
AI-powered credit engine: Proprietary algorithms analyze thousands of data points for instant approval decisions
Flexible net terms: Offer Net 30, 60, or 90-day payment options while maintaining immediate cash flow
AI-powered automation: AI agents manage workflows, automate payment reminders, and reduce collection friction
White-label payment portal: Branded experience accepting ACH, wire, credit card, or check payments
Seamless integrations: Direct sync with QuickBooks, NetSuite, Shopify, BigCommerce, and Magento

Transparent Risk-Based Pricing:

Pricing varies based on term length, advance percentage, and risk assessment
No monthly minimums, setup fees, or hidden charges
Free business credit checks with typical turnaround within 1 business day
Custom enterprise pricing for high-volume merchants

Resolve's platform reduces DSO while accelerating cash flow—companies report saving up to 70% of time spent on manual invoicing tasks. The AI-driven reconciliation automatically maps and syncs transaction data in real-time, reducing invoice exceptions significantly compared to manual processing.

Unlike traditional factoring that requires selling invoices at steep discounts, Resolve maintains complete merchant control over customer relationships. The platform's net terms management handles everything from smart credit checks to payment reminders and collections, all while preserving your brand experience.

Real-world impact demonstrates Resolve's superiority: Marshall Wolf Automation streamlined their entire B2B payment process, Lift Foils scaled pre-season orders without risk, and concrete supplier Elston Materials achieved significant sales growth through accessible net terms. With thousands of businesses trusting Resolve and backing from Initialized Capital and Commerce Ventures, the platform represents the future of B2B payments.

2. Bill.com — Comprehensive AP/AR for 493,800 Businesses

Bill.com has built an extensive B2B payment network serving nearly half a million business customers with 8.3 million total network members. The publicly traded company provides comprehensive accounts payable and receivable automation that extends beyond basic invoicing.

Platform Features:

Automated invoice processing with OCR technology
Customizable multi-level approval workflows
Business credit lines from $1,000 to $5 million
Two-way sync with QuickBooks and Xero
Mobile apps for iOS and Android
Automatic vendor enrollment and onboarding

Pricing Structure:

Essentials: $45/user/month
Team: $55/user/month
Corporate: $79/user/month
Enterprise: Custom pricing
Additional transaction fees apply

The platform's network effect means vendors are automatically enrolled when paid, simplifying future transactions. However, international payments can take seven or more days, and the broad feature set may include unnecessary complexity for businesses specifically seeking invoicing alternatives.

3. Zoho Invoice — Part of the Integrated Zoho Ecosystem

Zoho Invoice serves as the invoicing component within Zoho's comprehensive business suite, offering deep integration with CRM, accounting, and project management tools. The platform supports businesses across 160+ countries with multi-currency and multi-language capabilities.

Core Capabilities:

Customizable invoice templates and branding
Automated payment reminders and follow-ups
Time tracking and project billing
Client portal for self-service access
Multi-currency support with automatic conversion
Mobile apps for invoice management on-the-go

Pricing Tiers:

Zoho Invoice is free

While Zoho Invoice excels within the Zoho ecosystem, businesses using other software stacks may find integration challenging. The platform lacks the advanced credit management and net terms capabilities that modern B2B companies require for competitive advantage.

4. FreshBooks — Simplified Invoicing for Service Businesses

FreshBooks targets small service-based businesses and freelancers with user-friendly invoicing and basic accounting features. The platform emphasizes simplicity over advanced functionality, making it accessible for non-financial users.

Key Features:

Drag-and-drop invoice customization
Automatic late payment reminders
Time tracking with billable hours
Basic expense tracking and reporting
Client portal for viewing and paying invoices
Mobile receipt capture via smartphone

Monthly Pricing:

Lite: $19/month (up to 5 clients)
Plus: $33/month (up to 50 clients)
Premium: $60/month (unlimited clients)
Select: Custom pricing

FreshBooks works well for freelancers and small agencies but lacks the sophisticated AR automation features and credit management capabilities that growing B2B companies need. The client limits on lower tiers can quickly become restrictive as businesses scale.

5. QuickBooks Online — The Accounting Standard with Basic Invoicing

QuickBooks Online dominates small business accounting with millions of users worldwide, offering invoicing as part of its comprehensive financial management platform. While not a dedicated invoicing solution, its widespread adoption makes it a common consideration.

Invoicing Features:

Standard and custom invoice templates
Recurring invoice automation
Payment tracking and deposit recording
Sales tax calculation and reporting
Mobile invoicing via smartphone apps
Bank feed integration for payment matching

Subscription Options:

Simple Start: $30/month
Essentials: $60/month
Plus: $90/month
Advanced: $200/month

QuickBooks excels at general accounting but lacks specialized B2B payment features like net terms financing, credit checks, and advanced collections management. Many businesses pair QuickBooks with specialized platforms like Resolve's QuickBooks integration to gain comprehensive B2B payment capabilities.

6. Stripe Invoicing — Developer-Friendly Payment Processing

Stripe Invoicing leverages the company's payment infrastructure expertise to offer programmatic invoice creation and management. Best suited for technology companies and developers, Stripe provides extensive API capabilities for custom implementations.

Technical Capabilities:

RESTful API for invoice automation
Webhook support for real-time events
Smart payment routing and retry logic
Support for 135+ currencies
SCA-ready for European compliance
Subscription billing with metered usage

Transaction-Based Pricing:

Stripe Invoicing fee is 0.4% per paid invoice (in addition to payment processing fees)
Card payments: 2.9% + $0.30
ACH debits: 0.8% (capped at $5)
No monthly fees or minimums

Stripe Invoicing excels for businesses needing programmatic control but requires technical expertise for implementation. The platform focuses on payment processing rather than comprehensive AR management, lacking features like business credit checks and net terms financing.

7. Wave — Free Invoicing for Micro-Businesses

Wave offers completely free invoicing and accounting software funded through payment processing fees. Designed for freelancers and micro-businesses, Wave provides essential features without subscription costs.

Free Features:

Unlimited invoices and estimates
Basic accounting with financial reporting
Receipt scanning via mobile app
Recurring invoice automation
Multi-business support
Bank connection for transaction import

Revenue Model:

Credit cards: 2.9% + $0.60 (Visa/Mastercard/Discover)
Credit cards: 3.4% + $0.60 (AmEx)
ACH bank payments: 1% (minimum $1)
No monthly subscription fees
Optional payroll services available

Wave's free model appeals to bootstrapped businesses but lacks advanced features like credit management, net terms automation, and enterprise integrations. The platform's limitations become apparent as businesses grow beyond basic invoicing needs.

The Future of B2B Invoicing: AI and Automation

The invoicing software landscape continues evolving rapidly, with AI-powered automation becoming standard rather than exceptional. Modern platforms now deliver capabilities unimaginable just years ago:

Emerging Technologies Reshaping Invoicing:

Machine learning models that predict payment behavior and optimize collection strategies
Natural language processing for automated invoice data extraction and categorization
Real-time payment networks like RTP (The Clearing House) and FedNow enabling instant B2B transactions
Blockchain-based invoice verification and fraud prevention
Embedded finance integrating credit directly into payment workflows

The shift from manual processes to intelligent automation delivers measurable results. Companies implementing modern AR automation see significant reductions in invoice processing costs while reducing processing time by 70%.

For businesses evaluating Invoiced alternatives, success requires choosing platforms that balance current needs with future scalability. The most effective solutions combine robust automation with flexible payment options, enabling businesses to offer competitive terms while maintaining healthy cash flow.

Frequently Asked Questions

What's the main difference between Invoiced and modern alternatives like Resolve?

Invoiced focuses on AR automation, while Resolve offers non-recourse net terms financing for approved buyers. This means businesses using Resolve can offer Net 30/60/90 terms while receiving payment within 24 hours, completely eliminating credit risk—capabilities beyond Invoiced's AR automation focus.

How much can businesses save by switching to automated invoicing software?

According to industry research, businesses can reduce invoice processing costs substantially through automation. AP automation can reduce costs from double digits to low single digits per invoice. Additionally, companies see processing time improvements of 70% and reduce their time-to-cash by an average of 7 days.

Can I integrate invoicing software with my existing QuickBooks setup?

Yes, most modern invoicing platforms offer QuickBooks integration. Resolve provides seamless QuickBooks sync that automatically records and reconciles all transactions, eliminating manual data entry. The integration maps transaction data in real-time, ensuring your books stay accurate without additional work.

What should small businesses look for in free invoicing software?

While free options like Wave work for micro-businesses, growing companies should evaluate total cost including payment processing fees, feature limitations, and scalability constraints. Consider whether you need advanced features like net terms management, credit checks, and AR automation. Many businesses find that investing in comprehensive platforms like Resolve's B2B payment solution delivers ROI through improved cash flow and reduced manual work that far exceeds the subscription cost.

How quickly can I implement a new invoicing system to replace Invoiced?

Implementation timelines vary significantly by platform complexity and integration requirements. According to vendor case studies, Resolve typically deploys within days for businesses using supported platforms like Shopify or BigCommerce, while custom implementations may take 1-2 weeks. Compare this to enterprise solutions that often require 3-6 months for full deployment. The key is choosing platforms with pre-built integrations for your existing tech stack.

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.