Billtrust offers a wide range of accounts receivable (AR) tools, but that doesn't necessarily mean it's the right fit for every business.
You might be looking to improve your current collections process, find better payment options for customers, or switch to software that works more smoothly with your existing systems.
The challenge is figuring out which alternative actually meets those needs as a contractor.
To help you narrow down your options, we've compared the six best Billtrust competitors based on their capabilities, pricing, and the businesses they serve best. Here's what you need to know before choosing one.
These are the six Billtrust competitors covered in this guide:
Image source: billtrust.com
Billtrust is an accounts receivable automation platform that helps B2B businesses manage invoicing, payment processing, collections, credit management, and other financial processes.
It primarily serves mid-market companies and large enterprises that handle high invoice volumes and need to manage multiple aspects of their AR processes.
The platform also integrates with existing ERP systems and accounting software to help AR teams manage their financial data and payment activities.
However, Billtrust does have some limitations. Some G2 users have reported difficulties navigating certain features, exporting reports, and handling payment-related tasks.
The platform also doesn't publicly list its pricing, so businesses need to contact sales before they can compare costs with other options.
These may not be major concerns for larger companies that need Billtrust's broader AR capabilities. But contractors who mainly want to manage overdue invoices and collect payments may prefer something more straightforward, especially if they don't need all the additional features.
So while Billtrust is a well-known platform, some contractors may not need all its features or may prefer software that specializes in a particular part of their accounts receivable process.
If that's what you're looking for, here are the six best Billtrust competitors and alternatives worth considering.
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Platform |
Overview |
Key features |
Pricing |
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AR Workflow |
Accounts receivable and collections platform for restoration contractors. |
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Siteline |
Construction billing and accounts receivable software for commercial subcontractors. |
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Siteline does not list prices publicly. |
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Knowify |
Construction business management software for trade contractors. |
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Chaser |
Accounts receivable automation software focused on overdue payment collections. |
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Paidnice |
Accounts receivable automation software for payment reminders and late fees. |
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BILL |
Financial operations platform for accounts payable and receivable management. |
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AR Workflow is an accounts receivable and collections automation platform built specifically for disaster restoration contractors.
It helps businesses that handle water damage, fire damage, mold remediation, and other restoration work manage outstanding invoices and collect payments after completing jobs.
The platform helps restoration teams stay on top of their collections process.
By automating AR processes such as payment reminders and collection workflows, AR Workflow helps businesses maintain consistent communication with customers and keep track of unpaid invoices without relying entirely on manual follow-ups.
AR Workflow offers three monthly subscription plans:
Restoration companies often deal with invoices that require more attention than a standard payment reminder. A customer might be waiting for an insurance payment, have a question about the balance, or need another conversation before making a payment.
Your accounting software can show that the invoice remains outstanding. But your collections team also needs to know what communication has already taken place and what should happen next.
AR Workflow helps organize that work in one platform. Teams can set collection schedules, review customer responses, and decide when an account needs personal attention.
They can also adjust their approach to maintain customer relationships without treating every overdue invoice the same way.
With a more consistent collections process, restoration teams can improve operational efficiency, saving time on routine follow-ups and resolving payment issues that need their attention.
Image source: siteline.com
Siteline is construction billing and accounts receivable software built for commercial subcontractors. It helps them manage payment applications, supporting documents, and collection activities when working with general contractors.
Commercial construction billing often involves more than submitting an invoice. Subcontractors may need to use a general contractor's preferred forms, provide lien waivers, and track approval requirements before receiving payment.
Siteline brings these activities into a single platform, helping billing and finance teams manage everything from preparing payment applications to collecting outstanding balances.
Siteline does not list prices publicly.
Image source: knowify.com
Knowify is construction business management software designed for trade contractors. It combines project and financial management with tools that help contractors manage their invoicing processes based on the work they've completed.
Contractors can use Knowify to manage billing for fixed-price contracts, time-and-materials work, and projects that require progress payments.
It also connects billing information with project finances, so teams can track what they've invoiced and how much money they've collected for each job.
Knowify offers the following monthly plans:
Image source: chaserhq.com
Chaser is AR software that helps businesses collect overdue payments through regular customer communication.
It focuses on businesses that already have an invoicing or accounting process but spend too much time manually contacting customers about unpaid balances.
Contractors who send invoices after completing jobs can use Chaser to schedule payment reminders and manage customer responses. Its tools focus on collecting outstanding invoices, not managing construction projects or preparing progress billing documents.
Chaser offers four monthly plans:
Image source: paidnice.com
Paidnice is accounts receivable automation software that helps businesses manage payment reminders, late fees, and customer payment arrangements.
It works with accounting platforms such as QuickBooks Online and Xero, allowing contractors to continue creating invoices in their existing systems while using Paidnice to manage collections.
The platform focuses on helping businesses apply their payment terms consistently. Contractors can schedule reminders when customers miss payment deadlines and apply late fees according to their payment policies.
Paidnice offers three monthly plans:
Image source: bill.com
BILL is a financial operations platform that helps businesses manage the money they owe and the payments they receive.
Its accounts payable tools help businesses pay suppliers and vendors, while its accounts receivable tools handle customer invoicing and payment collection.
Contractors can use BILL to manage both sides of their payment activity. For example, a contractor can organize payments to material suppliers while tracking invoices sent to customers for completed work.
BILL offers four monthly plans:
The platforms we've covered handle different parts of accounts receivable management. Before choosing one, you need to understand which parts of your current process require the most attention.
The following considerations will help you narrow down your options.
Start by looking at where your current billing and collections process takes the most time or causes the most problems. This will help you determine what kind of software you actually need before you start comparing features.
For example, if your team spends hours preparing payment applications for general contractors, you'll want software that can handle construction-specific billing requirements.
But if your team already sends invoices without any issues and struggles to collect payments afterward, your priority should be finding a better way to manage collections.
Once you know which part of the process needs improvement, look at how your team currently handles it. Consider what employees have to do manually, where payment delays usually happen, and what you want the software to take care of.
That gives you a clearer starting point for comparing platforms because you'll know which capabilities matter most to your business.
After identifying what you need help with, the next step is checking whether each platform actually supports the way your contracting business operates.
Contractors don't all follow the same billing process. For example, commercial subcontractors often need to submit progress billing documents and lien waivers before receiving payment.
Restoration contractors, on the other hand, may already have their invoices ready but need to manage customer communication and outstanding balances after completing a job.
You'll want to check how well each platform handles those requirements because even software with an extensive list of features won't necessarily cover the work your team needs to do.
As you compare your options, focus on the tasks your employees handle regularly and whether the software can reduce the manual processes involved.
Once you've confirmed that a platform has the features you need, check how it works with your existing accounting software.
Your accounting system already holds important information about your customers, invoices, and payments. If you're using QuickBooks, for example, you'll want to know whether the new platform can access those invoice records and keep payment information up to date.
Otherwise, your team could end up relying on manual entry of the same information into multiple systems or checking payments manually before contacting customers.
Beyond creating more work, this also increases the chance of sending a reminder for an invoice someone has already paid.
Before choosing a platform, confirm that it supports your accounting software and check what information the integration actually shares. You'll also want to verify whether your preferred subscription plan includes that connection.
Consider whether the platform can handle the amount of billing and collections work your business manages.
A contractor sending 30 invoices a month won't have the same requirements as a company managing hundreds of outstanding invoices or collecting payments for several locations.
As invoice volume increases, your team may need more users, additional automated workflows, or better ways to keep track of outstanding accounts.
That's why you should check each subscription plan's limits before deciding. Some platforms restrict how many invoices you can manage or how many employees can access the system, so a plan that looks sufficient today might not support your workload later.
Compare those limits with your current invoice volume and consider how much your business expects to grow. That way, you can choose software that supports your operations without having to switch platforms as your needs increase.
After narrowing down your options based on their features, integrations, and capacity, you can compare what each platform will actually cost your business.
Start with the monthly subscription price, but check what's included before comparing one plan with another. Some platforms charge based on users or invoice volume, while others have additional fees for payment processing or certain services.
Those costs can affect how much you'll spend each month.
You'll also want to understand what it takes to get the software running. If your team needs to connect accounting systems, transfer information, or learn a new process, ask the provider what setup involves and how much assistance they'll provide.
Consider those requirements alongside the subscription cost so you have a complete picture of the total cost of adopting the platform. From there, you can choose the option that addresses your billing or collections needs at a cost that makes sense for your business.
Choosing a Billtrust competitor depends on what your business needs. If your priority is managing enterprise credit and cash application processes such as matching payments to invoices, you'll want a platform that supports those requirements.
If collecting overdue invoices and improving cash flow are your main concerns, collections-focused software deserves closer attention.
But if you're running a restoration contractor and want to spend less time chasing overdue payments, AR Workflow is a great place to start.
It helps your team maintain consistent payment communication and keep track of collection activity through a unified platform without having to replace your existing accounting system.
Billtrust does not list subscription prices publicly. Businesses need to contact its sales team to discuss pricing details.
Yes. Billtrust is an established B2B financial technology company founded in 2001. It provides invoicing, payments, collections, and cash application solutions for businesses managing accounts receivable.
The best bill payment software depends on the type of payments a business needs to manage.
An AR platform should make it easy for your team to find customer accounts, review outstanding invoices, and track collection activities. Even small interface details, like clear menus and breadcrumb separators that show where users are in the platform, can make navigation easier.