The Top 7 Cash Application Software Alternatives to HighRadius in 2025

Getting paid shouldn’t feel harder than making the sale. Yet for many enterprises, slow and error-prone cash application processes drain time, delay cash flow, and frustrate both finance teams and customers. HighRadius has been a popular option in this space—but as many users have found, it doesn’t always live up to expectations.

The good news? You don’t need to settle. There are multiple powerful alternatives on the market that combine automation, AI, and user-friendly design to make cash application faster and more accurate. In this article, we’ll walk through seven of the best alternatives to HighRadius in 2025.

Why HighRadius Isn’t the Best Cash Application Software

HighRadius has built a reputation as a leading name in accounts receivable automation. On paper, its cash application tools promise faster matching, reduced manual tasks, and smoother financial workflows. But in practice, many enterprises struggle to use it.

Lack of reliable support is one of the most common complaints from users. When integrations fail or system issues arise, businesses are often left waiting far too long for resolutions. Critical problems can drag on for weeks, with users reporting poor communication, closed support tickets before issues are solved, and the burden placed back on customers to chase progress. For finance teams dealing with overdue invoices and tight cash flow, these delays are costly.

Another recurring frustration is that HighRadius isn’t user-friendly. Reviewers highlight confusing interfaces, too many screens required just to process a single payment, and a case submission process that quickly becomes overwhelming. Instead of reducing manual intervention, the platform can feel like it adds extra steps—slowing down cash application and frustrating both finance teams and customers.

Finally, accuracy and functionality remain sticking points. Users report problems with customer totals not matching correctly, limited flexibility in sending statements, and too many issues that require support tickets instead of being resolved internally. For enterprises, this means wasted time, unreliable data, and increased risk of errors in financial reporting.

Taken together, these issues mean HighRadius often falls short of its promise. While it may work for some, many enterprises are now looking for cash application software solutions that are faster, more accurate, and better supported.

The 7 Top Cash Application Software Alternatives to HighRadius in 2025

If HighRadius isn’t the right fit for your business, you’re not alone. Many enterprises are looking for alternatives that combine automation, accuracy, and ease of use with better customer support. The best platforms don’t just match payments—they improve cash flow, reduce manual intervention, and give finance teams real-time visibility into accounts receivable.

Here are the top seven alternatives to HighRadius in 2025.

1. Kolleno

Kolleno is an all-in-one accounts receivable platform that makes cash application faster, smarter, and more reliable. By combining AI-powered automation with user-friendly design, Kolleno reduces manual intervention and ensures payments are matched accurately across multiple sources. The platform also improves financial stability by giving teams real-time insights into customer behavior, payment terms, and outstanding invoices.

What sets Kolleno apart is its focus on both efficiency and customer experience. With predictive analytics, automated reminders, and a self-service customer portal, it not only speeds up cash collection but also strengthens commercial relationships.

Key Features:

• AI-powered cash application workflows
• Real-time insights into accounts receivable and payment history
• Predictive analytics for better cash flow forecasting
• Automated communications and reminders for late payments
• Seamless ERP and CRM system integrations

G2 Rating: 4.9*

2. Gaviti

Gaviti helps enterprises take control of their accounts receivable processes by streamlining collections and cash application. The platform is built for proactive credit and receivables management, ensuring finance teams can quickly reconcile payments, reduce days sales outstanding, and protect cash flow.

A standout feature of Gaviti is its customer portal, which improves transparency for clients and reduces disputes around payments. Combined with advanced analytics and automation, this makes Gaviti a strong alternative for enterprises that want simplicity and visibility in their cash application process.

Key Features:

• Automated collection and cash application workflows
• Customer portal for clear visibility into payment terms and balances
• Real-time dashboards with actionable insights
• Automatic reminders to reduce overdue invoices
• Advanced analytics for tracking team performance and customer behavior

G2 Rating: 4.5*

3. SAP Cash Application

SAP Cash Application is designed for large enterprises that need robust integration capabilities and advanced automation. Built with machine learning, the platform continuously improves its ability to match payments with open receivables, reducing time-consuming manual tasks and errors.

The software is particularly strong in handling complex accounts receivable environments, making it ideal for businesses dealing with high transaction volumes or multiple financial institutions. With predictive analytics and advanced reporting, SAP helps enterprises protect financial health and improve operational efficiency.

Key Features:

• AI-powered and machine learning-driven payment matching
• Predictive analytics for receivables and cash flow forecasting
• Strong ERP integration for streamlined financial workflows
• Tools to reduce manual tasks and operational risk
• Support for global enterprises with complex credit processes

G2 Rating: 4.1*

4. Versapay Cash Application

Versapay offers a collaborative approach to cash application, designed to bring finance teams and customers closer together. The platform automates payment matching while providing real-time visibility into accounts receivable, helping businesses reduce days sales outstanding and improve cash flow management.

One of Versapay’s standout features is its ability to strengthen commercial relationships. By giving customers more transparency into their invoices and payments, it reduces disputes and accelerates resolution. This makes it a strong choice for enterprises that want both automation and improved customer engagement.

Key Features:

• Automated payment matching with minimal manual intervention
• Customer-facing tools to improve transparency and reduce disputes
• Real-time insights into accounts receivable processes
• Integration capabilities with ERP and CRM systems
• Dashboards for monitoring cash collection and financial health

G2 Rating: 4.3*

5. Billtrust

Billtrust is a well-established name in accounts receivable automation, offering a powerful cash application solution that focuses on speed and accuracy. With strong automation capabilities, it helps enterprises reduce manual tasks, accelerate payment processing, and improve cash flow forecasting.

Enterprises using Billtrust value its scalability and ability to handle large transaction volumes, making it a great fit for mid-market and enterprise businesses looking for a reliable, proven solution.

Key Features:

• Automated cash application workflows with high accuracy
• Integration with leading ERP systems for seamless financial workflows
• Real-time dashboards to track outstanding payments and reduce bad debt
• Tools to improve dispute management and payment processes
• Scalable for enterprises with high transaction volumes

G2 Rating: 4.4*

6. BILL AP/AR

BILL provides a modern AP/AR automation platform that includes strong cash application capabilities. Known for its user-friendly design, BILL helps finance teams reduce manual intervention, simplify payment processes, and gain real-time insights into accounts receivable.

It’s particularly useful for enterprises that want to unify accounts payable and receivable in one system, giving them a clearer picture of overall cash flow and financial stability.

Key Features:

• Automated cash application and payment process management
• Unified AP and AR workflows for better visibility
• Real-time insights into cash flow and accounts receivable
• Integration capabilities with major accounting and ERP systems
• Easy-to-use interface with minimal training required

G2 Rating: 4.4*

7. Esker

Esker provides a robust cash application solution as part of its wider order-to-cash suite. It focuses on improving operational efficiency through AI-powered automation and predictive analytics, reducing the need for manual intervention in accounts receivable processes.

Esker is especially strong for enterprises looking for advanced reporting and dashboards, helping credit managers and finance teams make better decisions based on real-time data. It’s a versatile choice that can be tailored to different industry needs.

Key Features:

• AI-powered payment matching with predictive analytics
• Real-time dashboards for financial information and risk assessment
• Strong ERP and CRM system integrations
• Tools to reduce days sales outstanding and improve dispute resolution
• Automation capabilities to support global financial workflows

G2 Rating: 4.3*

Why Kolleno Is the Best Cash Application Software on the Market

When evaluating HighRadius alternatives, Kolleno consistently comes out on top. With a 4.9★ G2 rating, it’s the highest-rated tool in this category and delivers exactly what enterprises need: speed, accuracy, and ease of use. Unlike many legacy platforms, Kolleno simplifies accounts receivable management and cash application, helping finance teams match customer payments faster while reducing manual processes.

A key strength of Kolleno is its focus on automation. With automated workflows and payment reminders, finance leaders can drastically cut down on manual effort and improve AR performance. The platform also offers automated payment reminders and a user-friendly payment portal, which makes it easy for customers to complete online payments or choose from multiple payment options like direct debit. This improves the overall payment experience while strengthening customer relationships.

Kolleno also gives finance leaders the data they need for informed decision making. With detailed analytics and dashboards, teams can track payments, monitor ar processes, and access accurate financial records without delays. This visibility is essential for managing cash flow effectively and ensuring smooth data flow across existing systems and accounting systems. For enterprises juggling high volumes of transactions, these are must-have features.

Finally, Kolleno is designed as a robust solution that scales with your business. Whether you’re focused on reducing manual effort, improving collections management, or implementing smarter collections strategies, Kolleno equips you with the must have features to get paid faster, strengthen financial operations, and protect cash flow. That’s why it stands out as the best solution for enterprises in 2025.

Final Thoughts

Enterprises can’t afford clunky AR processes or unreliable support when managing payments. As user reviews show, HighRadius often struggles with usability, accuracy, and customer support, which makes it difficult for finance teams to maintain smooth accounts receivable management. 

If you’re ready to improve AR performance, streamline collections management, and get paid faster, Kolleno is the best solution to consider in 2025.

Book a demo to get started.