Best Accounts Receivable Software for Small Businesses (Free & Paid)

Efficient accounts receivable management is essential for small businesses to maintain a healthy cash flow and ensure timely payments from customers. Accounts receivable software automates and streamlines this process by helping businesses manage invoices, track outstanding payments, and send payment reminders. By reducing manual errors and improving accuracy, these tools can significantly enhance the financial operations of small businesses. With features like customizable invoicing, payment tracking, and reporting, accounts receivable software is a must-have for businesses looking to optimize their payment collections. In this research, we’ll explore the top accounts receivable software for small businesses, focusing on their key features, pricing, and how they can improve your cash flow management.

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Last Updated: October 01, 2025

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403 Software

Popular Picks in Accounts Receivable Software

Xero

Xero

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FreshBooks

FreshBooks

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$2.10 Per month

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List of Top Accounts Receivable Software for Small Businesses

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TrackPayout is an innovative accounts receivable software that helps businesses manage outstanding payments, improve cash flow, and streamline invoicing processes. Designed for companies in industries such as retail, healthcare, and services, TrackPayout automates the invoicing and payment collection process, making it easier for organizations to track receivables and ensure timely payments. The s... Read more about TrackPayout

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NA

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Location

India

Altoviz is an intuitive billing and invoicing software designed to simplify the process of generating and managing invoices for businesses of all sizes. With Altoviz, businesses can quickly create professional invoices, apply discounts, taxes, and payment terms, and send them to clients via email or other communication channels. The software supports recurring billing, making it ideal for business... Read more about Altoviz

Free Trial

Available

Pricing Type

$10 Per month

Location

France

365 Collect is a debt collection software that streamlines the process of managing overdue accounts and recovering outstanding payments. The platform provides tools for tracking debts, setting up automated reminders, and managing communications with debtors, ensuring an organized approach to collections. 365 Collect includes features for customizing payment plans, tracking payment history, and gen... Read more about 365 Collect

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NA

Pricing Type

$175 Per user

Location

Australia

Hilniva is a comprehensive Enterprise Resource Planning (ERP) software designed to streamline and integrate all key business processes within an organization. By unifying functions such as finance, human resources, supply chain, manufacturing, and customer relationship management into a single platform, Hilniva enhances operational efficiency and data accuracy. The software offers real-time visibi... Read more about Hilniva

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United States

Cartwheel is an innovative time tracking software designed to help organizations manage employee time and productivity effectively. The platform provides tools for tracking work hours, managing schedules, and generating timesheets, ensuring that businesses can maintain accurate records for payroll and project management. Cartwheel allows users to clock in and out using a mobile app or web interfac... Read more about Cartwheel

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United States

MeeKhata is an accounts receivable software designed to simplify the management of customer invoicing, payments, and debt collection. The platform enables businesses to track outstanding invoices, automatically generate payment reminders, and manage client payment histories, all in one place. With MeeKhata, businesses can create customized invoices, track payments in real-time, and generate detail... Read more about MeeKhata

Free Trial

Available

Pricing Type

$10 Per user

Location

India

Bisnes is a versatile billing and invoicing software that helps businesses automate and streamline their invoicing processes. The platform allows users to create and send professional invoices, manage client information, track payments, and generate financial reports with ease. Bisnes supports various payment methods, including credit cards, bank transfers, and digital wallets, making it convenien... Read more about Bisnes

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NA

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Location

Peru

Opium Software is a feature-rich Customer Relationship Management (CRM) software designed to help businesses manage and nurture their customer relationships. With Opium Software, organizations can track and manage customer interactions, sales pipelines, marketing campaigns, and support tickets in a single platform. The software offers a unified view of customer data, making it easier for teams to ... Read more about Opium Software

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NA

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Location

Spain

Saniiro is a versatile and user-friendly accounting software solution designed for small and medium-sized businesses (SMBs). It enables business owners and accountants to manage their finances more effectively by automating key accounting tasks, such as invoicing, expense tracking, tax calculations, and financial reporting. Saniiro offers an intuitive interface that simplifies financial management... Read more about Saniiro

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NA

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Location

India

Invoicey is an accounts receivable software solution designed to streamline the invoicing and payment collection process for businesses of all sizes. With its intuitive interface, Invoicey simplifies the creation, sending, and tracking of invoices, reducing the time and effort typically required for manual invoicing. The platform supports automated invoicing based on predefined schedules, allowing... Read more about Invoicey

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NA

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Location

United Kingdom

Paycepaid is an advanced accounts receivable software designed to simplify and optimize the invoicing and collection process for businesses. This software allows companies to manage outstanding payments, track overdue invoices, and automate collection workflows. Paycepaid integrates with accounting and ERP systems, making it easy to synchronize data and generate accurate invoices. The platform als... Read more about Paycepaid

Free Trial

Available

Pricing Type

$199 Per month

Location

Australia

Acume eInvoicing is an advanced Billing and Invoicing Software that simplifies financial transactions for businesses. The platform enables users to create, send, and manage invoices digitally, reducing paperwork and improving cash flow. Acume eInvoicing supports automated reminders and recurring invoices, ensuring timely payments and reducing manual effort. The software is compliant with e-invoici... Read more about Acume eInvoicing

Free Trial

Available

Pricing Type

$65 Per month

Location

New Zealand

ONE Collect is a robust accounts receivable software solution designed to simplify and streamline the invoicing and payment collection process for businesses of all sizes. By automating essential tasks such as invoice generation, payment reminders, and follow-ups, this software reduces the manual workload for finance teams and minimizes the risk of errors. ONE Collect offers customizable invoicing... Read more about ONE Collect

Free Trial

Available

Pricing Type

$25 Per feautre

Location

United States

FetchMyPayments is an innovative accounts receivable software designed to help businesses manage their invoicing and payment collection processes more efficiently. The software automates the generation and sending of invoices, tracks payments, and ensures that businesses receive payments on time. FetchMyPayments helps businesses reduce manual tasks by providing automated reminders for overdue paym... Read more about FetchMyPayments

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Available

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Location

India

WidenPay is a specialized accounts receivable software designed to help businesses manage invoices, track payments, and streamline collections. The software automates billing and reminders, reducing manual follow-ups and minimizing the chances of missed payments. WidenPay’s dashboard provides a clear view of outstanding invoices, due dates, and customer payment history, making it easier to track... Read more about WidenPay

Free Trial

Available

Pricing Type

$5 Per month

Location

Canada

The Ignite Internet Banking Suite is an advanced accounting software solution tailored specifically for the financial services industry, enabling banks and financial institutions to offer secure, feature-rich online banking services to their customers. The platform provides a complete suite of tools for managing customer accounts, processing transactions, handling payments, and offering a full ran... Read more about Ignite Internet Banking Suite

Free Trial

NA

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Location

United Arab Emirates

Peso is an intuitive accounts receivable software designed to help businesses manage and automate their invoicing, payment tracking, and collection processes. The software streamlines the entire accounts receivable workflow, from generating invoices to tracking payments and managing outstanding balances. Peso allows businesses to create customized invoices with company branding, payment terms, and... Read more about Peso

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NA

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Location

United States

Foundry Bean Global Work System is a comprehensive business management software designed to streamline and optimize organizational operations on a global scale. Ideal for multinational corporations, Foundry Bean offers a suite of tools for project management, resource allocation, financial tracking, and performance analysis. The platform features real-time collaboration capabilities, enabling team... Read more about Foundry Bean Global Work System

Free Trial

Available

Pricing Type

$10 Per user

Location

United States

CashFlowXpert is an innovative accounts receivable software that helps businesses streamline their invoicing, collections, and cash flow management processes. Designed to improve cash flow efficiency, the software enables users to generate professional invoices, track outstanding payments, and send automated reminders to clients, reducing the time spent on manual follow-ups. CashFlowXpert’s cust... Read more about CashFlowXpert

Free Trial

Available

Pricing Type

$25 Per month

Location

United States

NetWorth2b Bill Client is a comprehensive billing and invoicing solution designed to streamline your financial operations. Tailored for businesses of all sizes, this software offers intuitive features such as customizable invoice templates, automated billing cycles, and real-time payment tracking. With NetWorth2b Bill Client, you can effortlessly manage client accounts, generate detailed financial... Read more about NetWorth2b Bill Client

Free Trial

NA

Pricing Type

$19.99 Per one-time

Location

United States

Excel Your Account Receivables is a robust accounts receivable software designed to simplify the invoicing and payment collection processes for businesses. The platform allows users to create and send professional invoices quickly, track payments, and manage customer accounts effectively. With features like automated recurring billing and payment reminders, users can significantly reduce overdue a... Read more about Excel Your Account Receivables

Free Trial

Available

Pricing Type

$49.99 Per one-time

Location

United States

ProInvoice is a billing and invoicing software that simplifies the process of creating, sending, and managing invoices for businesses of all sizes. The platform allows businesses to generate professional-looking invoices quickly, customize them with logos and branding, and track payments in real time. ProInvoice supports a wide range of billing options, including one-time payments, recurring billi... Read more about ProInvoice

Free Trial

NA

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Location

Nigeria

FinanzOS is an advanced financial management software designed to help businesses of all sizes optimize their financial processes and gain better control over their finances. The platform provides a comprehensive suite of tools for managing accounting, budgeting, forecasting, and financial reporting. With FinanzOS, businesses can track income and expenses in real-time, automate invoicing, and gene... Read more about FinanzOS

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NA

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Location

India

IxorDocs is an advanced OCR (Optical Character Recognition) software designed to convert scanned documents, images, and PDFs into editable text. This software is perfect for businesses looking to digitize paper records, automate document processing, and improve workflow efficiency. IxorDocs uses cutting-edge OCR technology to accurately extract text from a wide range of file formats, including ima... Read more about IxorDocs

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NA

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Location

Belgium

Know Who’ll Pay Late. Then Get Paid Early.

As a specialized accounts receivable solution, PayStorm leverages artificial intelligence to automate payment collection processes while maintaining professional customer relationships. The platform provides ML-powered risk assessment, automated payment reminders, cash flow analytics, and real-time monitoring of client payment behaviors, making it ideal for small to medium businesses seeking effi... Read more about PayStorm AI

Free Trial

7 Days

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Location

United States

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