Automated Electronic Invoicing and Payment Software For Enterprises

Achieve 90%+ Successful Invoice Delivery to AP Portals via 6+ AI Agents

  • Drive targeted campaigns to boost electronic invoice adoption rates among customers.
  • Streamline global invoice delivery and payment processing to enhance customer experience.
  • Leverage automated workflows and self-serve portals to increase billing analyst productivity by 20%.

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Gartner Report

HighRadius Named as a Leader in 2024 Gartner Magic Quadrant for Invoice-to-Cash Applications

Key Features of Automated Enterprise Invoicing Software

With 100% automated invoice delivery, top brands are winning at compliance and efficiency.

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Benefits of Automated Invoicing Software

1

Accelerated cash flow

Automate your invoicing and payment processes to ensure faster payment cycles and keep cash flow steady. This includes automating invoice delivery, reminders, and payment tracking to eliminate manual tasks and minimize delays.

2

Seamless Customer Experience

Give your customers the ability to select their preferred payment method, monitor payments in real time, and experience a smooth, effortless payment process with self-service payment portals and a variety of invoicing channels.

3

Digital Payment Adoption

Improve payment processing efficiency and minimize manual processes by implementing targeted campaigns and personalized outreach that emphasize the convenience and security of electronic payment options.

4

Scale Globally with Ease

Handle invoicing and payments effortlessly across multiple countries and currencies. Provide localized payment options and language settings to cater to your international customers' needs.

HighRadius is the ONLY Vendor named a Leader in all 3 major analyst reports for Accounts Receivable

Gartner logo 2024 Gartner Magic Quadrant
Hackett logo Digital World Class
idc logo IDC MarketScape Leader

How Does Enterprise Invoicing and Scheduling Software Work?

  • ERP‑Driven Template Generation: Invoices are automatically generated from data pulled directly from ERPs and formatted via configurable templates.
  • Automated AP‑Portal Posting: Invoices are auto-posted to 100+ AP and government portals via RPA, reducing manual uploads.
  • Email, Fax & Print Dispatch: Deliver invoices through email (with tracking), fax, and print-to-mail services—all monitored in real time.
  • DeCentral Invoice Access: Buyers can view, search, and download invoices, statements, and supporting documents (POD, BOL, etc.).
  • Embedded Online Payments: ‘Pay Now’ links let buyers pay instantly using saved methods or guest checkout.
  • Auto‑Pay Configuration: Buyers can enable recurring ACH/eCheck auto-payments with customizable frequency and limits.
  • Global Compliance & Formats: Supports multi-format delivery (PDF/XML/UBL) across diverse regulatory zones.
  • AP‑Portal Status Monitoring: Real-time tracking of invoice acceptance, rejections, and errors on portals.
  • Delivery Analytics: Email open rates, failures, retries, and portal interactions are recorded for analytics.
  • Targeted Adoption Campaigns: Launch campaigns that drive ~30% increase in e‑payment adoption, monitored via dashboards.
  • Comprehensive Dashboards: Track invoice delivery, open rates, portal visits, and payment behaviors in one place.
  • Audit‑Ready Logs: End-to-end logs include delivery channels, portal actions, payment history, and compliance events.

Integrate Effortlessly with Your Existing ERP Systems

HighRadius builds solid partnerships and offers robust integration capabilities by integrating with 110+ banks, 40 credit agencies, 50+ ERPs, and 15+ billing systems globally.

ERP Solutions

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Must-Have Resources for Enterprise Invoicing and Scheduling Success

11 Global Payment Formats

How Smart Teams Send Invoices in Minutes—Not Hours

Grab the step-by-step guide to automating invoice creation, reducing payment delays, and ensuring compliance—without adding complexity.

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Maximize Revenue: Step-By-Step Guide to Implementing an Automated Billing System

Manually Sending Invoices from NetSuite? It's Costing You 44% More

See how finance teams are cutting OPEX by automating invoicing and collections inside NetSuite—with zero extra headcount.

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Maximize Revenue: Step-By-Step Guide to Implementing an Automated Billing System

Avoid Costly AR Vendor Mistakes: 6 RFPS That Save Millions

Don’t let the wrong AR partner drain your profits. See how Keurig Dr Pepper & Air Products chose the right vendor using proven AR RFP templates.

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What Is Automated Invoicing Software?

Automated e-invoicing software is a digital solution that automates the invoicing process, enabling businesses to create, send, and receive payments for invoices online. This technology streamlines the traditional invoicing process by automating invoice generation, delivery, and payment.

EIPP systems typically include functionalities such as automated invoice generation, electronic delivery through email or customer portals, and diverse online payment methods including credit cards, ACH transfers, and digital wallets. By leveraging EIPP, businesses can expedite payment cycles, diminish errors, and curtail the time and expenses associated with traditional paper-based invoicing, thereby enhancing cash flow.

The system provides real-time tracking and visibility into the status of invoices and payments, enhancing overall financial management. EIPP payment is particularly beneficial for businesses that manage a high volume of invoices and need a more efficient and scalable invoicing solution.

Automated credit scoring

Explore how electronic invoicing accelerates cash flow and drives operational excellence.

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What Are the Disadvantages of a Traditional Paper-Based Invoicing System?

Paper-based invoicing systems are increasingly outdated in the fast-paced, digital-first business landscape. While they may have been the norm for decades, they come with significant inefficiencies and drawbacks that hinder productivity, cost-efficiency, and scalability.

Data Collection
High Processing Costs

Managing paper invoices involves substantial costs for printing, mailing, and physical storage. These expenses quickly add up, especially for businesses with high invoice volumes. Additionally, manual intervention requires dedicated personnel, further driving up operational costs.

Automated Credit Scoring
Slow Processing Times

The approval and payment cycle in paper-based invoicing is often prolonged. Physical handling of invoices leads to delays in approvals, creating bottlenecks in cash flow and often resulting in late payment penalties or missed early payment discounts.

Risk Segmentation
Increased Errors

Manual data entry and validation processes are prone to human errors, such as incorrect invoice amounts, duplicate entries, or misfiled records. These mistakes can cause disputes with vendors and customers, impacting business relationships and operational efficiency.

Automated Decisioning
Limited Visibility and Accessibility

Paper invoices are difficult to track and retrieve in real time, making reporting and audits more time-consuming and less reliable. Businesses lack transparency into invoice statuses, hindering effective decision-making and cash flow forecasting.

Continuous Monitoring
Environmental Impact

Relying on paper contributes to deforestation and generates significant waste. In today’s sustainability-focused business environment, paper-based systems are seen as a step backward in reducing the company’s carbon footprint.

How HighRadius Makes the Shift from Paper to Digital Seamless

Transitioning from paper-based to digital invoicing can seem daunting, but HighRadius simplifies the process with innovative solutions. By leveraging advanced technologies, it ensures a smooth transformation while delivering immediate benefits to efficiency, accuracy, and compliance.

Automated Invoice Processing

HighRadius automates the entire invoicing lifecycle, from generation to payment reconciliation. This eliminates manual touchpoints, speeding up processes, reducing costs, and ensuring invoices are processed accurately and on time.

Cloud-Based Solutions

HighRadius’s cloud-based systems provide centralized storage for all invoice data, enabling secure access from anywhere. This enhances visibility, improves audit readiness, and supports seamless collaboration between teams and external partners.

AI-Powered Data Capture

The platform uses advanced OCR (Optical Character Recognition) and AI technology to digitize paper invoices. It extracts and validates critical data, reducing human errors and accelerating the transition from paper to digital.

Integrated Payments and Reconciliation

HighRadius integrates payment processing with invoicing, enabling real-time tracking of payment statuses and automatic matching of payments to invoices. This ensures faster processing and reduces disputes or mismatches.

Customizable and Scalable Implementation

HighRadius offers a flexible approach to digital transformation. Businesses can scale the implementation based on their requirements, ensuring minimal disruption while achieving long-term operational efficiency.

With HighRadius Automated Invoicing Software, You Can Achieve

50% Increase in analyst productivity.
100% Automation of e-invoice delivery to customer
30% Increase in electronic payment adoption

What Customers Are Saying About Our Enterprise E-Invoicing Software

Konica Logo
$3.5 Million Saved
Through buyer portal adoption
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Redbull Logo
$93M Payments Processed Annually
With 100% global compliance
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Addison Logo
2x Growth Achieved in 2 Years
with AI powered invoicing automation
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From Automated to Autonomous: How Agentic AI Is the Future of Enterprise Invoicing

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End-to-End Invoice Management

Agentic AI brings autonomy to every step of the invoicing process—from invoice creation and validation to delivery and monitoring. Instead of waiting for human input, the system can autonomously generate invoices, detect mismatches, send reminders, and even retrieve missing PO details—ensuring no delays or manual follow-ups.

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Smarter, Context-Aware Invoicing Decisions

Agentic AI goes beyond template-based rules. It analyzes real-time order data, past customer behavior, and invoice history to decide the best time and format for sending invoices, detect anomalies, and route exceptions. This minimizes errors, improves first-time match rates, and accelerates invoice-to-cash cycles.

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Integrated Invoicing That Talks to Other AR Functions

In an integrated AR setup, Agentic AI ensures seamless coordination between invoicing and related functions. For example, if a billing exception is flagged, the system can alert collections to hold dunning or notify deductions to prepare backup documentation—reducing rework and enhancing customer trust.

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Scales With Business Growth—Not Team Size

As invoice volumes rise, agentic invoicing systems adapt dynamically. They adjust delivery schedules, escalate issues based on risk, and refine processes through continuous learning—all without adding headcount. This ensures scalability and cost-efficiency.

3 Changes AI is Poised to Make in the Automated Invoicing Software

As businesses embrace automation, AI is transforming payment and invoicing systems with smarter algorithms and predictive tools. These innovations boost efficiency, accuracy, and insights across the invoicing process.

Enhanced data extraction

Enhanced data extraction

The accuracy and efficiency of data extraction from invoices will be further enhanced by AI algorithms. This will be achieved by utilizing advanced natural language processing (NLP) and machine learning techniques. Even with unstructured or handwritten documents, AI systems will be able to extract complex data fields with greater precision, thus minimizing the need for manual intervention.

Intelligent document understanding

Intelligent document understanding

AI algorithms can automatically classify and categorize invoices, identify key information, and determine appropriate actions based on predefined rules and criteria. This is made possible by AI-driven document understanding capabilities that allow automated systems to interpret and understand the context of invoices more intelligently by analyzing their content and context. These actions may include routing for approval or flagging for review.

Predictive analytics and insights

Predictive analytics and insights

Leveraging AI-powered predictive analytics, Automated Invoice Processing systems can offer valuable foresight into invoice processing trends, payment patterns, and potential risks. Organizations can identify cost-saving opportunities, optimize cash flow, and proactively detect fraud or discrepancies by analyzing historical invoice data and transactional patterns with AI algorithms. These insights enable informed decision-making and proactive risk mitigation.

How to Choose the Right Provider for Automated Electronic Invoicing Software

Selecting the right automated electronic invoicing software provider is critical for improving your invoicing processes and achieving cost efficiency. Consider these key factors to ensure you make the right choice for your business needs:

Evaluate Core Features and Functionality

Start by analyzing the software’s core capabilities. Look for features like invoice creation, delivery automation, real-time tracking, payment reconciliation, and compliance with tax regulations. Advanced options like AI-driven insights, customizable templates, and integration with existing ERP systems are also essential for scaling operations.

Integration and Scalability

Ensure the provider offers seamless integration with your current systems, such as ERP, CRM, or accounting software. Check whether the solution can handle increasing transaction volumes as your business grows, ensuring it supports your long-term scalability goals.

Ease of Use and Implementation

Choose software that is intuitive and easy to use, requiring minimal training for your team. Evaluate the provider’s implementation process to ensure it’s smooth and doesn’t disrupt your business operations. Providers offering guided onboarding and support should be prioritized.

Compliance and Security Standards

Verify that the software complies with regional and global tax and invoicing regulations, such as e-invoicing mandates or VAT requirements. Additionally, ensure the provider follows high-level data security standards like GDPR, SOC 2, and ISO certifications to protect sensitive customer and financial information.

Customization and Flexibility

Select a provider that allows you to customize the software to match your unique business workflows. Flexible options for invoice templates, approval hierarchies, and reporting tools ensure the solution aligns with your operational needs.

Customer Support and Reliability

A reliable provider offers robust customer support, including live chat, phone, or email assistance. Check for round-the-clock availability and the quality of support offered. Reading customer reviews or asking for references can provide insight into their reliability.

Cost and ROI

Consider the software’s pricing model—whether it’s subscription-based or per-invoice—and analyze the total cost of ownership. Compare it to the value delivered in terms of time saved, error reduction, and process efficiency. Opt for a provider that delivers measurable ROI while staying within budget.

Reputation and Industry Expertise

Choose a provider with a proven track record in your industry. Experienced vendors understand your specific challenges and offer tailored solutions. Look for case studies, client testimonials, and third-party reviews to gauge their expertise.

Value Creation

From Chaos to Cash: How Finance Teams Reclaimed Millions in 6 Months

Leading finance teams are breaking the cycle of manual invoice creation, disconnected systems, and payment delays with eInvoicing powered by agentic AI. This integrates invoice generation, validation, delivery, and exception handling into a single, intelligent workflow. The result? Faster invoice processing, quicker payments, and millions in early cash unlocked within 6 months.

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FAQs: Automated Electronic Invoicing and Payment Software

Why should businesses implement electronic invoicing solutions?

Electronic invoicing solutions streamline billing operations by automating invoice generation, delivery, and payment tracking. This eliminates manual errors, reduces processing time, and improves overall efficiency. Businesses can send invoices in multiple formats across various channels.

E-invoicing software also integrates with payment systems, simplifying and accelerating the payment collection process. Moreover, these e-invoicing solutions increase transparency, enhance customer satisfaction through self-service portals, and support targeted campaigns for e-adoption, ultimately leading to faster payment cycles and cost savings.

How does e-invoicing software reduce costs?

E-invoicing software cuts operational costs by automating manual tasks such as data entry, invoice generation, and document handling. It reduces extensive administrative work, as a result, businesses can achieve significant efficiency gains and reallocate resources to more strategic initiatives.

With features like self-service portals and online payment options, companies can eliminate printing, mailing, and paper storage expenses. Additionally, faster processing times minimize the risk of late fees and improve cash flow, leading to significant long-term savings.

Which manual processes does invoice payment software eliminate?

Invoice payment software eliminates manual processes like data entry, invoice validation, and approval workflows. This e-invoicing software ensures that invoices are processed quickly and accurately, resulting in reduced human error and increased analyst productivity.

It also eliminates the need for manual tracking and follow-ups, as automated reminders and alerts keep approvals on schedule. The software’s integration with ERP and accounting systems further streamlines reconciliation, freeing up staff from time-consuming, repetitive tasks.

Accounts Receivable Solutions

Accounts Receivable | Automated Debt Collection | Cash Application Management | EIPP | Credit Risk Management | Automated Credit Scoring | Deduction Management | Electronic Invoicing | Order to Cash Solutions

Accounts Payable Solutions

AP Automation | Invoice Processing | Invoice Scanning & Capture | Invoice Coding | Invoice Approval | Invoice Matching | Invoice Management | Supplier Management | Supplier Onboarding | Dynamic Discounting

Financial Reconciliation & Close Solutions

Account Reconciliation | Financial Close | Bank Reconciliation | Balance Sheet Reconciliation | Payment Reconciliation | Transaction Matching | SOX Software | General Ledger Reconciliation | Journal Entry | Variance Analysis| Financial Consolidation | Financial Reporting

Treasury & Cash Management Solutions

Treasury Management | Cash Flow Forecasting | Cash Management | Cash Flow Management | Revenue Recognition | Liquidity Management

Resources

Days Sales Outstanding | Collection Dispute Letter | Accounts Receivable Days Formula | Credit Dispute Letter | Accounts Receivable Days Outstanding | Accounts Receivable Collections | Accounts Receivable Report | Accounts Receivable Aging Report | Accounts Receivable Process | Credit Scoring Model | Dispute Management | Debt Collection Call Script | Credit Risk Management Techniques | Accounts Receivable Department | 609 Credit Dispute Letter | Order to Cash Automation | Collections Performance Metrics | How to Determine Credit Worthiness | B2B Credit Application | Credit & Collection Technology

Ebooks, Templates, Whitepapers & Case Studies

Accounts Receivable Dashboard | Credit and Collection Goals | DSO Calculation Template | Accounts Receivable Aging Report Template | Business Credit Scoring Model | AR Aging Worklist Prioritization | Collection Email Templates | Strategies to Reduce DSO | Collection Maturity Model Template | Credit & Collection Email Templates | Credit Policy Sample | Credit Application Checklist Spreadsheet Template | Collection Email Automation with Excel