Top 6 Accounts Receivable Software for Manufacturing in 2025

Optimize your accounts receivable processes with the best AR automation software for manufacturing. Explore solutions tailored to handle high invoice volumes, align billing cycles, and improve cash flow efficiency.

Top 6 Accounts Receivable Automation Solutions for 2023

Managing accounts receivable (AR) is a critical function for manufacturers. With high invoice volumes, complex production schedules, and the need for seamless cash flow, AR automation is no longer a luxury—it’s a necessity. Choosing the right AR software can streamline your operations, reduce manual errors, and improve overall financial health. This list highlights the top six AR automation software solutions tailored to the unique needs of the manufacturing industry. With deep ERP integration and automation capabilities, these tools can help manufacturers maintain strong customer relationships while optimizing their financial processes.

Why AR Automation is Essential for Manufacturing

Manufacturers face unique challenges in managing AR processes:

  • High Volume of Invoices: The sheer scale of invoicing for raw materials, components, and finished goods creates room for delays and errors.
  • Complex Billing Cycles: Aligning billing with production schedules and customer payment terms requires precision.
  • Cash Flow Visibility: Limited real-time visibility into cash flow can disrupt operations.
  • Global Operations: Cross-border transactions add complexities, such as multi-currency support and tax compliance.

Automation addresses these pain points by reducing manual effort, accelerating payment cycles, and providing real-time financial insights—all critical for keeping production lines running smoothly and suppliers paid on time.

What to Look for in AR Automation Software for Manufacturing

When evaluating AR software, manufacturers should prioritize:

  1. ERP Integration: Seamless integration with systems like NetSuite, Sage Intacct, and QuickBooks.
  2. Automation Features: Capabilities like automated invoicing, payment reminders, and collections.
  3. Scalability: Support for growing transaction volumes without performance degradation.
  4. Multi-Currency and Compliance Support: Essential for global manufacturers.
  5. Robust Reporting: Real-time analytics to make informed decisions.

Top 6 AR Automation Software for Manufacturing

What is the Best AR Automation Software for Manufacturing in 2025?

  1. Centime: Best overall AR solution for manufacturing companies
  2. SoftLedger: Best for multi-entity financial management
  3. Quadient AR by YayPay: Best for detailed payment trend analytics
  4. Invoiced: Best for enhancing customer payment portals
  5. Plooto: Best for small manufacturers
  6. Versapay: Best for fostering client collaboration in AR

Centime: Best Overall AR Solution for Manufacturing

Overview: Centime is a standout AR solution designed specifically with manufacturers in mind. Manufacturers often face tight margins, fluctuating raw material costs, and the constant challenge of aligning production schedules with customer payments.

Key Features:

  • ERP Integration: Fully integrated with NetSuite, Sage Intacct, and QuickBooks for a unified financial experience.
  • Automated Invoicing: Streamlines billing processes to align with production schedules, reducing delays that can impact cash flow.
  • AI-Powered Collections: Uses AI-driven workflows to accelerate cash collection cycles, minimizing DSO (Days Sales Outstanding) and improving liquidity.
  • Customer Payment Portals: Offers a self-service portal for customers to make payments easily, reducing friction and speeding up cash inflows.
  • Real-Time Cash Flow Forecasting: Provides actionable insights into cash flow, enabling CFOs to manage liquidity effectively during demand or supply chain fluctuations.

How Centime Solves Manufacturing Pain Points:

  • High Invoice Volumes: Automates repetitive AR tasks to handle high invoice volumes with ease.
  • Complex Billing Cycles: Ensures billing aligns with production milestones, reducing errors and maintaining operational continuity.
  • Supplier Relationships: Streamlined collections and faster cash inflows ensure suppliers are paid on time, strengthening critical supply chain relationships.
  • Visibility and Control: Provides real-time dashboards that allow CFOs and controllers to monitor cash flow, receivables, and collections in one place.

Pros:

  • User-friendly interface with customizable workflows.
  • Comprehensive reporting for actionable insights.
  • Tailored for manufacturers’ needs, ensuring smooth production and payment cycles.

Cons:

  • Focused on integration with NetSuite, Sage Intacct, and QuickBooks only, which may not meet the needs of businesses using other ERP systems.

Why It’s Ideal for Manufacturing: Centime’s tailored features, such as AI-powered collections and production-synced invoicing, demonstrate a deep understanding of manufacturing challenges, making it the top choice for optimizing cash flow and financial efficiency.

SoftLedger: Best for Multi-Entity Financial Management

Overview: SoftLedger is a cloud-based accounting software that excels in providing real-time insights and multi-entity consolidation for manufacturers with global operations.

Key Features:

  • Real-time financial data processing.
  • Open API for seamless system integration.
  • Multi-entity consolidation for manufacturers operating across various locations.

Pros:

  • Up-to-date financial data for timely decision-making.
  • Simplifies complex accounting processes without requiring a full ERP system.

Cons:

  • May be over-featured for smaller manufacturers.

Why It’s Ideal for Manufacturing: SoftLedger’s real-time capabilities and scalability make it a strong choice for manufacturers seeking agility and precision in financial management.

Overview: Quadient AR combines automation with advanced analytics, offering a solution that enhances visibility into AR performance while promoting collaboration.

Key Features:

  • Detailed business intelligence dashboards.
  • Automated invoicing and payment reminders.
  • Integration with various ERP systems.

Pros:

  • Comprehensive insights into financial health.
  • Improves efficiency with automated workflows.

Cons:

  • Analytics capabilities require time to leverage fully.

Why It’s Ideal for Manufacturing: Manufacturers benefit from Quadient AR’s robust analytics, which provide actionable insights into payment trends and customer behaviors.

Invoiced: Best for Enhancing Customer Payment Portals

Overview: Invoiced is a robust platform focused on automating AR processes while enhancing the customer payment experience.

Key Features:

  • Automated billing and collections.
  • Customer self-service portals for easy payment.
  • Advanced reporting tools.

Pros:

  • Streamlines manual AR tasks.
  • Enhances customer satisfaction with self-service options.

Cons:

  • Pricing may be prohibitive for smaller manufacturers.

Why It’s Ideal for Manufacturing: Invoiced helps manufacturers accelerate cash collection cycles, enabling them to maintain strong supplier relationships.

Plooto: Best for Simplified AR Setup for Small Manufacturers

Overview: Plooto offers an affordable and user-friendly solution for automating AR processes, making it ideal for small to mid-sized manufacturers.

Key Features:

  • Simplified invoicing and payment collection.
  • Integration with popular accounting software.
  • Automated payment reminders.

Pros:

  • Affordable pricing.
  • Easy to implement and use.

Cons:

  • Limited advanced features.

Why It’s Ideal for Manufacturing: Plooto provides essential AR automation capabilities without unnecessary complexity, perfect for smaller manufacturers.

Versapay: Best for Fostering Client Collaboration in AR

Overview: Versapay focuses on improving customer collaboration, offering tools that simplify communication and streamline payment processes.

Key Features:

  • Real-time data synchronization with ERP systems.
  • Automated collections and reminders.
  • Customer self-service portals.

Pros:

  • Enhances customer relationships.
  • Provides flexible payment options.

Cons:

  • Limited internal reporting capabilities.

Why It’s Ideal for Manufacturing: Manufacturers benefit from Versapay’s collaboration features, which help improve customer satisfaction and payment timelines.

Centime AR Automation Success Story

“We’ve saved about 10 hours of work each week—Centime has made a big difference in our operations.”

-Brenna Gjurekovec, Accounting Manager

CyberMaxx, a leading cybersecurity services provider, faced challenges managing over 1,800 invoices annually as their business scaled. Their manual AR processes, reliant on spreadsheets and individual follow-ups, created bottlenecks and delayed cash flow. With Centime, CyberMaxx automated payment reminders and collections workflows, saving 10 hours per week in manual tasks and increasing collections effectiveness by 23%.

Key Results:

  • 10 hours saved weekly on manual AR tasks.
  • 23% increase in collections effectiveness.
  • Significant reductions in Days Sales Outstanding (DSO) and average days past due, leading to faster cash flow.

Centime’s integration with Sage Intacct allowed CyberMaxx to streamline workflows, improve collaboration across their finance team, and achieve real-time visibility into AR performance. With these tools, CyberMaxx transformed their financial operations, ensuring their growing customer base was managed efficiently.

Conclusion

Choosing the right AR software is crucial for manufacturers looking to optimize financial processes and maintain healthy cash flow. Centime’s tailored features and deep ERP integration make it the top choice for manufacturing companies. However, other solutions like SoftLedger, Quadient AR, Invoiced, Plooto, and Versapay also offer valuable features for specific business needs. To find the best fit, manufacturers should evaluate their unique requirements and prioritize solutions that enhance efficiency and financial visibility.

Ready to transform your AR processes? Explore Centime’s tailored solutions and see how they can help you streamline operations and improve cash flow. Contact us today to schedule a demo.