Sep 11, 2026
Selecting the right B2B payment solution can determine whether your business thrives with healthy cash flow or struggles with tied-up capital and collection headaches. While Hokodo once served European merchants with B2B BNPL solutions and Settle focused on helping brands pay their suppliers, Resolve Pay delivers comprehensive net terms financing with non-recourse protection for US-based manufacturers, distributors, and wholesalers. Understanding these fundamental differences between an active AR solution, a defunct European platform, and a complementary AP tool helps B2B sellers choose the approach that matches their revenue goals, cash flow needs, and growth objectives.
When B2B sellers evaluate payment and financing solutions, understanding whether a platform helps you collect money or pay money becomes critical. This comparison covers three different positions in B2B payments: Resolve Pay provides net terms financing and AR automation for sellers, Settle focuses primarily on accounts payable, procurement, and working capital, and Hokodo has ceased operations. For US-based manufacturers, distributors, and wholesalers seeking accounts receivable automation and net terms financing, Resolve Pay provides an integrated platform designed for their specific needs.
Key Takeaways
- Resolve Pay is the active AR and net terms solution in this comparison, offering non-recourse net terms financing, while Settle focuses primarily on accounts payable, procurement, and working capital and Hokodo wound up in late 2025
- Hokodo shut down after eight years in the B2B trade credit market despite raising approximately $177 million USD in total funding, leaving former European clients seeking alternatives
- Settle handles Accounts Payable to help businesses pay suppliers, while Resolve Pay handles Accounts Receivable to help businesses collect from customers
- Resolve Pay serves 15,000+ businesses with US market specialization and complete AR automation designed to reduce manual receivables work
- Customers report significant growth outcomes including 3x revenue growth for Archipelago Lighting and 5x revenue growth for SSSI through Resolve Pay's net terms programs
- Resolve Pay offers credit decisions in real time or within 24 business hours with white-labeled payment portals that maintain your brand throughout the buyer experience
- Implementation typically takes approximately 2-4 weeks with native integrations for QuickBooks, NetSuite, Shopify, BigCommerce, and WooCommerce
Understanding B2B Cash Flow: The AR vs AP Distinction
The fundamental difference between accounts receivable and accounts payable solutions creates confusion when comparing B2B payment platforms. Understanding this distinction helps revenue leaders select tools aligned with their actual operational needs.
Accounts Receivable (AR) solutions like Resolve Pay help businesses collect money from their customers. These platforms enable sellers to offer Net 30, 60, or 90 payment terms to business buyers while receiving immediate cash and eliminating credit risk. The seller ships products, the AR platform advances funds, and buyers pay on their agreed terms.
Accounts Payable (AP) solutions like Settle help businesses pay their suppliers. These platforms manage vendor payments, procurement workflows, and working capital for purchasing inventory. The business receives products, the AP platform manages payments to suppliers, and the business gains extended time to pay.
The directional difference is important for B2B sellers evaluating receivables technology. Resolve Pay is designed around the seller's AR workflow, helping businesses extend payment terms to customers while accelerating access to cash and automating receivables processes.
Hokodo historically occupied the AR space alongside Resolve Pay, offering B2B BNPL and trade credit services to European merchants. However, Hokodo wound up in late 2025, with its closure publicly announced in April 2026, eliminating it as a current option for businesses seeking B2B trade credit solutions.
Resolve Pay: Non-Recourse Financing and AI-Powered AR Automation
How Resolve Pay Transforms B2B Collections
Resolve Pay operates as a comprehensive B2B payments platform that enables manufacturers, distributors, and wholesalers to offer net payment terms while receiving immediate cash and offloading credit risk. The platform combines net terms financing, AI-powered credit decisioning, accounts receivable automation, and agentic collections in a single integrated solution.
The non-recourse financing model distinguishes Resolve Pay from traditional factoring. When buyers are approved through Resolve Pay's credit engine, sellers receive advances within 1-2 business days. If an approved customer fails to pay, Resolve Pay absorbs the loss rather than the seller. This protection eliminates bad debt risk on approved invoices.
Key platform capabilities include:
- Net Terms Financing: Offer Net 30, 60, or 90 terms to business buyers while receiving advances within 1-2 business days
- AI Credit Engine: Proprietary AI evaluates buyer data with credit decisions delivered in real time or within 24 business hours
- AR Automation: Automated invoice generation, smart payment reconciliation, and real-time AR dashboards
- Agentic Collections: Multi-channel automated sequences including email, SMS, and voice AI with intelligent escalation based on buyer response patterns
- White-Label Portal: Branded buyer dashboard accepting ACH, wire transfer, credit card, and check payments while maintaining your company's identity
Proven Customer Outcomes
Resolve Pay customers report substantial business growth directly attributed to offering net terms through the platform:
- Archipelago Lighting achieved 3x revenue growth while reducing net terms approval time from 10 days to under 24 hours
- SSSI Dealer Network reached 5x revenue growth through their partnership
- ConEquip experienced 30% year-over-year growth through net terms expansion
- Trenchless Supply reduced AR workload significantly with credit approvals processing in under 24 hours
Resolve Pay combines net terms financing, credit management, payments, and AR automation within a single platform.
US Market Specialization
Resolve Pay focuses on serving US-based B2B sellers with net terms financing, credit management, AR automation, payments, and integrations designed for their receivables workflows. This specialization enables:
- Native integrations with major US accounting platforms including QuickBooks, NetSuite, Xero, and Sage Intacct
- Ecommerce platform connectors for Shopify, BigCommerce, Magento 2, and WooCommerce
- Integrated workflows for credit, invoicing, reconciliation, collections, and payments
- Implementation timelines of approximately 2-4 weeks for standard implementations
Hokodo: A Historical Reference in European B2B Trade Credit
What Hokodo Offered
Hokodo operated as a B2B BNPL and trade credit platform serving European merchants from 2018 until it wound up in late 2025, with the closure publicly announced in April 2026. During its operational period, the London-based company provided:
- Pan-European coverage across 10 countries including UK, France, and Lithuania
- Instant credit decisions delivered in seconds for trade accounts
- Omnichannel support spanning online, in-store, and telesales transactions
- Trade account consolidation with monthly consolidated billing for multiple entities
- Lloyd's of London backing for fraud and credit protection
The company raised approximately $177 million USD in total funding including debt facilities and processed over €500 million in financed invoices serving 100,000 business buyers.
Historical Context
Despite significant market traction and funding, Hokodo ceased operations in late 2025. The founders published what industry observers called an unusually candid post-mortem examining lessons from eight years in B2B trade credit.
For businesses that previously relied on Hokodo or considered it as an option, the shutdown created a need for alternatives. US-based companies requiring net terms financing can evaluate Resolve Pay as an active platform with documented customer outcomes.
Historical Comparison Points
When Hokodo was operational, several differences existed between the platforms:
Geographic Focus:
- Hokodo: Pan-European coverage with UK headquarters
- Resolve Pay: US market specialization
Channel Coverage:
- Hokodo: Omnichannel including in-store and telesales
- Resolve Pay: Primarily online and ecommerce focused with comprehensive digital channels
Current Status:
- Hokodo: No longer operational
- Resolve Pay: Active platform serving 15,000+ businesses
Settle: Understanding the Complementary AP Solution
Settle's Focus on Accounts Payable
Settle operates as an accounts payable automation platform designed for CPG and ecommerce brands. The San Francisco-based company helps businesses pay their suppliers rather than collect from customers.
Core Settle capabilities include:
- Procurement and purchase order management
- Vendor payment automation and scheduling
- Working capital and inventory financing for purchasing goods
- Landed cost tracking and goods receipt
- Accounting software synchronization with QuickBooks and Xero
The platform has provided billions of dollars in funding to brands since 2019, supporting inventory purchases and supplier payments across the CPG and ecommerce sectors.
The Directional Difference
Settle and Resolve Pay address opposite sides of the cash flow equation:
Settle (AP Direction):
- Helps businesses pay their suppliers
- Manages outbound cash flow
- Provides working capital for inventory purchases
- Targets CPG and ecommerce brands buying products
Resolve Pay (AR Direction):
- Helps businesses get paid by their customers
- Manages inbound cash flow
- Provides net terms financing for sales
- Targets manufacturers, distributors, and wholesalers selling products
For manufacturers, distributors, and wholesalers focused on improving incoming cash flow, Resolve Pay combines net terms financing with credit management and AR automation in one platform.
B2B Net Terms: Why Invoice Financing Matters for Growth
The Competitive Advantage of Offering Payment Terms
B2B buyers expect payment flexibility. When wholesalers, contractors, and business customers evaluate suppliers, the ability to purchase on Net 30, 60, or 90 terms often determines vendor selection. Businesses that offer competitive payment terms win deals that cash-only competitors lose.
However, offering net terms creates operational challenges:
- Cash flow strain: Waiting 30-90 days for payment while covering operational costs
- Credit risk exposure: Evaluating buyer creditworthiness and absorbing bad debt
- Administrative burden: Managing invoices, reminders, and collections manually
- Growth limitations: Capital tied up in receivables cannot fund expansion
Resolve Pay addresses each challenge through its integrated platform. Sellers offer attractive net terms to win business while receiving advances within 1-2 days. The non-recourse model eliminates bad debt risk on approved invoices. Automated AR workflows handle invoice generation, payment reminders, and reconciliation without manual intervention.
Growth Impact for Mid-Market Businesses
The revenue impact of offering net terms through Resolve Pay shows consistent patterns across customer case studies:
- Increased purchasing power: Customers report increases in buyer purchasing when net terms become available
- Faster payment cycles: Accelerated payment collection versus manual AR processes
- DSO improvement: Days sales outstanding reduced from 60+ days to as little as 1-2 days through advance payments
- Win rate improvements: Ability to match or exceed competitor payment flexibility
Published customer stories demonstrate the sales acceleration possible when payment friction disappears, with businesses achieving substantial revenue growth after implementing Resolve Pay net terms.
Beyond Financing: AR Automation and Collections Excellence
Reducing Manual AR Workload
Traditional accounts receivable management consumes significant staff time through invoice generation, payment tracking, reminder emails, reconciliation, and collections calls. Resolve Pay's AR automation platform addresses each manual touchpoint:
- Automated Invoice Generation: Synced from ERP and accounting systems without manual data entry
- Smart Payment Reconciliation: ML-powered matching of payments to invoices
- Real-Time Dashboards: DSO tracking, aging reports, and portfolio health visibility
- Two-Way Bookkeeping Sync: Automatic updates to QuickBooks, Xero, Sage Intacct, and NetSuite
Customers report significant reductions in manual AR work after implementing the platform, with some achieving substantial workload reductions based on their previous processes.
Strategic Collections That Preserve Relationships
The agentic collections capability automates follow-up sequences while maintaining positive customer relationships. Resolve Pay's approach uses:
- Multi-Channel Sequences: Coordinated outreach across email, SMS, and voice AI
- Intelligent Escalation: Response-based escalation that adapts to buyer behavior
- Automatic Pause Logic: Sequences pause automatically when payment or dispute is received
- Comprehensive Logging: All interactions recorded to invoice records for audit trails
The system balances collection effectiveness with relationship preservation, recognizing that B2B customers often represent ongoing revenue rather than one-time transactions.
Payment Portal Solutions: The Buyer Experience
White-Label Payment Portals
Resolve Pay's B2B payment portal maintains seller branding throughout the buyer payment experience. Unlike solutions that redirect customers to third-party branded checkout pages, Resolve Pay keeps your company identity front and center.
Portal capabilities include:
- Branded buyer dashboard showing invoices, credit lines, and payment history
- Multiple payment options including ACH, wire transfer, credit card, and check
- Self-serve payment plan configuration and dispute flagging
- Secure online access with mobile-responsive design
- Complete checkout-style payment experience
This white-label approach preserves long-term customer relationships and reinforces brand consistency across all touchpoints.
Integration Ecosystem
The platform connects with existing business systems through native integrations:
Accounting Platforms:
- QuickBooks Online
- Xero
- Sage Intacct
- Oracle NetSuite
Ecommerce Platforms:
- Shopify
- BigCommerce (2025 Innovative Integration Award winner)
- Magento 2
- WooCommerce
API Access:
- REST API with webhooks
- Sandbox environment for custom integrations
- Two-way sync for invoice and payment data
Resolve Pay typically completes full deployment in approximately 2-4 weeks for standard implementations, with timing varying by integration and configuration requirements.
Choosing the Right Solution: Decision Framework
Why Resolve Pay Fits B2B Sellers
Resolve Pay is designed for businesses that need to:
- Offer net terms to business customers while accelerating cash flow
- Manage credit decisions and customer credit lines
- Automate accounts receivable workflows and collections
- Reduce exposure to non-payment risk on approved non-recourse advances
- Operate in the US market with supported accounting, ERP, and ecommerce integrations
- Scale without proportional headcount in accounts receivable functions
This makes Resolve Pay especially relevant for manufacturers, distributors, wholesalers, and other B2B sellers managing receivables at scale. Ideal customer profiles include B2B sellers with annual revenues typically exceeding $1 million.
A Resolve Pay-Centered Cash Flow Approach
Resolve Pay brings credit management, net terms financing, invoicing, payments, reconciliation, and collections into a connected AR workflow. This allows B2B sellers to improve working capital from the receivables side without adding separate manual processes as transaction volume grows.
Implementation and Migration
Getting Started with Resolve Pay
Implementation typically includes platform configuration, connection to supported accounting, ERP, or ecommerce systems, and setup of credit and receivables workflows. The exact sequence depends on the business's systems and implementation scope.
Migration from Manual Processes
Businesses transitioning from spreadsheet-based AR management or traditional factoring arrangements benefit from:
- Native integrations that help businesses transition existing invoice and payment workflows
- Parallel operation capability during migration period
- Integrated invoice and payment data sync
- Training resources included with implementation
The integrated platform helps businesses transition receivables workflows while maintaining visibility into invoices, payments, and customer accounts.
Why Resolve Pay for B2B Net Terms and AR Automation
For US-based manufacturers, distributors, and wholesalers, Resolve Pay combines:
This integrated approach helps B2B sellers offer competitive payment terms while maintaining healthy cash flow and reducing manual workload.
By automating invoicing, payment collection, reconciliation, and collections, Resolve Pay helps businesses scale without proportionally expanding their AR teams. White-label payment experiences preserve brand consistency, while integrations with major accounting, ERP, and ecommerce platforms support seamless data flow across existing systems.
Frequently Asked Questions
How Does Resolve Pay Help B2B Sellers Offer Net Terms?
Resolve Pay combines credit decisioning, net terms financing, invoicing, payments, reconciliation, and collections in one platform. Businesses can offer approved buyers flexible payment terms while Resolve Pay provides advance funding on eligible invoices and supports the associated AR workflow. The non-recourse structure means Resolve Pay assumes the credit risk on approved invoices.
What Accounts Receivable Processes Can Resolve Pay Automate?
Resolve Pay supports accounts receivable workflows including invoicing, payment reminders, reconciliation, payment collection, credit management, and collections. Its integrations can also connect receivables data with supported accounting, ERP, and ecommerce systems. The platform uses AI-powered automation to reduce manual touchpoints while maintaining positive customer relationships throughout the collection process.
How does Resolve Pay evaluate business buyers for credit approval?
Resolve Pay uses proprietary AI models, behavioral signals, and credit expertise to evaluate business buyers. Credit decisions can be delivered in real time, while streamlined business credit assessments can return results within 24 business hours depending on the customer and review required. Resolve Pay also supports quiet credit checks that can be completed with basic business information, reducing paperwork and disruption to the sales process.
Can Resolve Pay integrate with my existing accounting and ecommerce systems?
Yes, Resolve Pay offers native integrations with major platforms including QuickBooks, NetSuite, Xero, Sage Intacct for accounting and Shopify, BigCommerce, Magento 2, WooCommerce for ecommerce. The platform won the 2025 BigCommerce Innovative Integration Award. Two-way sync ensures invoice and payment data flows automatically between systems, and a REST API with webhooks supports custom integrations for businesses with unique requirements.
What makes Resolve Pay's non-recourse financing different from traditional factoring?
Traditional factoring typically involves recourse arrangements where sellers remain liable if buyers fail to pay. Resolve Pay's non-recourse model means the platform assumes credit risk on approved invoices. If an approved customer defaults, Resolve Pay absorbs the loss rather than pursuing the seller. Additionally, Resolve Pay provides advances within 1-2 days and integrates credit, payments, collections, and AR automation in one platform rather than just invoice financing.
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.
