Here Are Our Top 7 Tesorio Alternatives for Smarter AR Workflows

Quick Summary

Looking for Tesorio alternatives? Lunos, HighRadius, Billtrust, YayPay, Growfin, Versapay, and Invoiced offer smarter AR workflows, faster collections, and clearer customer insights. They help AR teams spend less time chasing invoices, scale with growing volumes, and see cash flow clearly.

Here are our top three picks:

Struggling to Keep Your AR Team Efficient with Tesorio?

Accounts receivable teams know that even small delays in collections can snowball into cash flow headaches. Many finance teams rely on Tesorio for forecasting and reminders, but some find that it doesn’t fully capture customer intent or adapt to complex workflows. The result? Hours spent chasing payments and manually prioritizing invoices instead of focusing on strategic work. 

In this Lunos guide, we review the top 7 Tesorio alternatives across automation quality, integration strength, and support for growing invoice volume. We also highlight their pros and cons to give you a clear, side-by-side understanding of which platform best fits your team’s needs.

Why Listen to Us? 

At Lunos, we help AR teams streamline outreach, shorten payment cycles, and automate repetitive tasks with intelligent workflows. That gives us a close view into what slows teams down and what helps them operate more efficiently. This guide draws on those insights to give you a straightforward, unbiased look at the top Tesorio alternatives available today.

What is Tesorio?

Tesorio is an accounts receivable platform that helps finance teams manage collections, forecasting, and customer outreach in one place. Notable for its cash flow forecasting engine and automated reminder workflows, it gives teams clearer visibility into upcoming payments and supports more consistent collections activity. 

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Key Features

• Automated collections workflows: Sends payment reminders based on customer behavior, aging, and historical patterns.
• Cash flow forecasting: Predicts incoming payments using customer activity, past invoices, and real-time AR data.
• Customer engagement tracking: Captures replies, promises to pay, and follow-up history in one place.
• Collector workspace: Gives collectors a daily task list based on invoice priority and customer status.
• Integrated payments: Lets customers pay invoices directly through embedded payment links.

Limitations of Tesorio

• Limited two-way intelligence: Automated reminders work well, but it does not manage full back-and-forth conversations.
• Manual contact cleanup: Finance teams often need to update payer contacts themselves.
• Less flexibility for nuance: Complex customer situations still require manual handling.
• Forecasting accuracy varies: Projections depend heavily on clean historical data.
• Setup time: Creating workflows and rules can require significant upfront effort.

7 Top Tesorio Alternatives For Businesses

Here’s a quick comparison of the alternatives.

1. Lunos 

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Lunos is an AI-powered accounts receivable platform built around two-way intelligence. It doesn’t just send reminders, it reads customer replies, understands intent, and adjusts follow-ups like a human teammate. This gives finance teams clearer insight into which invoices are moving and which ones need attention.

Lunos centralizes conversations, promises, disputes, and payment behavior in one place. Its human-like automation helps teams reduce manual chasing while protecting relationships and improving day-to-day collections results.

Key Features 

• Two-way intelligence: Reads customer replies, identifies intent, and adjusts next steps automatically.
• Human-like automation: Sends context-aware messages that match each customer’s tone, history, and payment behavior. 
• Conversation management: Tracks replies, promises, disputes, and questions in one workspace. 
• Smart follow-ups: Prioritizes invoices using aging, behavior patterns, and engagement signals.
• Deep integrations: Connects with ERPs, CRMs, and payment systems to keep all AR data aligned and up to date.
• 24/7 coverage: Handles routine outreach and monitoring around the clock, giving teams more time for higher-value tasks.

Pricing

• Starter: No monthly fee: free for the first $100k each month, with a 0.3% fee on collected revenue.
• Pro: $200/month plus a 0.3 percent collections fee. Includes Slack support and configuration options.
• Enterprise: Custom pricing for larger organizations. Offers multi-entity support, tailored AI behavior, volume discounts, and hands-on onboarding.

Pros

• Human-like conversations improve response rates and payment clarity
• Saves hours each week on manual follow-ups, freeing AR staff to focus on strategic accounts.
• Gives finance leaders clearer cash flow visibility for more accurate short-term planning
• Real-time signals highlight invoices that need attention, helping teams prioritize work
• Single workspace minimizes tool switching and simplifies daily AR tasks

Cons

• Enterprise pricing is only available through direct contact

2. HighRadius

HighRadius is an AR automation platform for mid-market to enterprise companies. It handles credit, invoicing, cash application, deductions, and collections workflows. Its AI-powered deduction validation and automatic cash application reduce manual work and help teams manage large transaction volumes more reliably.

Key Features 

• Credit management and scoring: Helps assess customer credit risk before extending terms.
• Invoicing automation: Generates and delivers invoices automatically according to schedule or triggers. 
• Cash application automation: Matches incoming payments to invoices to save manual effort. 
• Deduction handling: Identifies and validates purchase order mismatches or disputes automatically. 
• Collections workflow orchestration: Assigns follow-ups and reminders based on invoice status and aging.

Pricing

HighRadius uses custom pricing based on company size, transaction volume, and selected modules.

Pros

• Speeds up payment matching and reduces time spent on reconciliation
• Gives finance teams full visibility into invoices, payments, and deductions in one place
• Scales well for high transaction volume and large enterprises

Cons

• Setup can be complex, especially for large or custom configurations
• Less flexible or agile for small teams or irregular billing patterns

3. Billtrust

Billtrust is an accounts receivable and order-to-cash platform for mid-size to large B2B businesses. It automates invoicing, payments, collections, and cash application, helping teams handle high invoice volumes with less manual work. Its multi-channel delivery and unified AR workspace make collections more organized and predictable.

Key Features 

• AI-powered cash application: Matches payments to invoices, including partial, batch, and complex remittances.
• Digital invoice delivery: Sends invoices through email, print, EDI, and other channels to fit customer preferences.
• Collections worklists: Builds daily task lists that guide collectors based on aging, risk, and customer behavior.
• Payment portal: Lets customers view invoices, schedule payments, and manage account details. 
• ERP and bank integrations: Syncs AR data automatically with major ERP systems and banking platforms.

Pricing

Custom pricing based on company size, invoice volume, and required features.

Pros

• AI-driven cash application reduces manual work and speeds up payment matching
• Multi-channel invoice delivery for improved customer reach
• Customer payment portal supports faster invoice resolution

Cons

• Setup can take time for complex billing environments
• Smaller teams may find workflows heavier than they need for simple AR operations

4. YayPay by Quadient

YayPay by Quadient is an accounts receivable platform that automates invoicing, reminders, collections tasks, and cash application. It is ideal for mid-market and enterprise teams that need better visibility into their receivables. Its predictive analytics engine helps finance teams anticipate payment timing and assess customer risk more accurately.

Key Features 

• Automated invoicing and reminders: Sends invoices and payment reminders without manual effort.
• Collections workflow management: Tracks overdue invoices and manages follow-up tasks and escalations.
• Cash application automation: Matches incoming payments to invoices automatically to reduce manual work.
• Predictive analytics: Forecasts payment timing and evaluates credit risk for better planning.
• ERP and CRM integration: Connects with existing systems to sync AR data and customer records.

Pricing

YayPay by Quadient uses custom-based pricing, with costs determined by company size, invoice volume, and the features required.

Pros

• Helps AR teams predict which customers will pay late and plan follow-ups earlier
• Automation reduces manual invoicing and follow-up work
• Collections workflows help teams stay on top of overdue accounts 

Cons

• Limited flexibility in email workflow customization 
• Searching and filtering large datasets can be slow or inaccurate 

5. Growfin

Growfin is an AR tool that helps mid-market and enterprise teams manage invoices, payments, disputes, and cash forecasting all in one place. What sets it apart is its behavioral AI. It tracks customer signals and highlights accounts needing attention, helping mid-market and enterprise teams prioritize work and reduce guesswork. 

Key Features 

• Behavioral signals tracking: Monitors customer actions to gauge payment likelihood and risk.
• Automated collections workflows: Sends reminders and follow-ups based on customer behavior and invoice status.
• Cash application automation: Automatically matches received payments to corresponding invoices.
• Dispute and deduction management: Tracks disputes and deduction requests to avoid payment delays.
• Cash flow forecasting: Provides forecasts of incoming payments to help with planning and liquidity.

Pricing

Growfin uses custom pricing, with costs based on team size, invoice volume, and the level of automation and modules required.

Pros

• Behavioral signals for predicting payment timing and identifying at-risk accounts
• Automated cash application reduces manual reconciliation and speeds up cash flow
• Real-time dashboards give instant clarity on receivables, saving time in daily review

Cons

• Performance depends heavily on the quality of customer data
• Automation still needs occasional manual checks for accuracy

6. Versapay

Versapay is a B2B accounts receivable platform that automates invoicing, collections, and payment processing. It’s suitable for companies aiming to reduce manual AR work and speed up payments. Versapay stands out with its self-service customer portal, giving clients direct access to invoices and payment options, while improving transparency and cash flow.

Key Features 

• Customer payment portal: Gives clients real-time access to invoices, payment options, and transaction history.
• Automatic cash application: Matches incoming payments directly to invoice records inside the platform.
• Digital collaboration tools: Allows customers and AR teams to comment, dispute, or clarify charges inside the invoice thread.
• Credit card and ACH processing: Supports multiple payment types to speed up collections.
• Invoice presentment: Sends detailed, branded invoices with supporting documents for complex billing needs.

Pricing

Custom pricing based on account size, required features, and transaction volume.

Pros

• Customer portal simplifies payment access and reduces AR workload
• Automatic cash application reduces manual reconciliation
• Invoice collaboration tools that help manage disputes and clarify charges

Cons

• Dependence on customer portal can slow payments 
• Limited customization for invoice formats for niche billing needs 

7. Invoiced

Invoiced is a cloud-based platform for small to mid-size businesses. It automates billing, sends invoice reminders, tracks payment status, and applies payments. The tool is notable for its flexible billing options, user-friendly interface, and support for multiple payment methods.

Key Features 

• Recurring and usage-based billing: Supports subscriptions, variable charges, and automated billing cycles.
• Customer payment portal: Lets customers pay invoices, manage cards, and access invoices in one place, reducing support tickets.
• Installment and payment plan support: Allows flexible payment schedules for customers who need extra time.
• Multi-channel invoice delivery: Sends invoices through email, SMS, and postal mail to reach customers in the format they prefer.
• Subscription analytics: Tracks renewals, outstanding balances, aging, and payment trends to spot issues early.

Pricing

Custom pricing based on business size, billing needs, and features selected.

Pros

• Supports recurring and usage-based billing for subscription businesses
• Offers flexible payment plans that meet varied customer needs
• Multi-channel invoice delivery improves reach and customer convenience

Cons

• Limited advanced automation for complex billing setups
• Fewer integrations compared with bigger AR platforms

Modernize Your AR Operations With Lunos

Every tool on this list brings something useful, but Lunos is the strongest choice for teams that want modern AR built around real conversations. Our platform’s human-like automation, real-time intent signals, and unified workspace keep messages, promises, and follow-ups connected and easy to act on.

Two-way intelligence handles routine outreach 24/7, freeing your team to focus on strategic accounts instead of chasing invoices or interpreting customer replies. With deep integrations across ERPs, CRMs, and payment systems, Lunos keeps your AR data accurate and aligned.

Want faster AR workflows without increasing headcount? Get started with Lunos for free.