Top Tesorio Alternatives (February 2026)

Tesorio gives your finance team great visibility into cash flow and helps coordinate AR workflows across your existing staff. But if you're searching for alternatives, you probably need someone to actually execute collections rather than just visualize them. The difference between AR automation alternatives comes down to whether they give you software to operate or a service that does the work. We'll compare five options that each make different tradeoffs on this spectrum.

TLDR:

• Tesorio provides AR software for your team to operate, not a service that handles collections work
• Most alternatives require dedicated staff to manage customer replies and supplier portal uploads
• Invoice Butler combines AI with human AR specialists who execute collections on your behalf
• Setup takes under an hour with real-time API syncs vs weeks of SFTP implementation
• Invoice Butler acts as an outsourced AR team that chases payments, answers replies, and logs into portals

What is Tesorio and How Does it Work?

Tesorio is an accounts receivable intelligence and automation software that helps mid-market and enterprise finance teams get better visibility into their cash flow and collections process. Think of it as a control center for your existing AR department.

The software pulls data from your ERP system (often using SFTP connections to work with legacy or on-premise systems) and applies AI to analyze payment patterns and predict when customers will actually pay. Instead of just showing you an aging report, Tesorio forecasts which invoices are at risk and which customers need attention.

From there, it automates dunning campaigns and workflow assignments within your AR team. Collections managers can see prioritized task lists, assign follow-ups to team members, and track what's happening across all open receivables. The system also handles cash application tasks and gives you forecasting tools to predict future cash positions based on historical payment behavior.

Tesorio is built for companies that already have dedicated AR staff and want to make that team more productive. It's a workspace and analytics layer that sits on top of your existing systems, helping you coordinate collections work rather than doing the collections work for you.

Why Consider Tesorio Alternatives?

Tesorio works well for companies with established AR teams and legacy ERP systems. Its forecasting and analytics give finance leaders visibility into payment trends and future cash positions.

Several factors drive the search for alternatives. Tesorio provides software for your team to operate, not a service that handles collections work. You still need dedicated AR staff to send collection emails, manage customer replies, and chase payments.

The system relies on SFTP file transfers that batch ERP data overnight instead of syncing in real time. This approach fits older systems like SAP or Oracle, but creates friction with newer billing tools (Orb, Metronome, Tabs) that expect API connections.

Tesorio's AI agent surfaces payment information, but your staff must take action and reply to customers. The system can't log into supplier portals (Coupa, Ariba, Tipalti) to upload invoices and chase approvals, leaving those tasks on your team's plate.

If you lack headcount for a full AR team, or need a service that executes collections rather than visualizing them, alternatives that offer hands-on work may suit you better.

Best Tesorio Alternatives in February 2026

1. Invoice Butler (Best Overall Alternative)

Invoice Butler is an AI-powered AR service that handles the entire collections process on your behalf, acting as the team you don't have to hire rather than providing software for your staff to operate. The service sends personalized invoice follow-ups, manages all customer communication back-and-forth, logs into supplier portals to upload invoices and chase approvals, and escalates to decision-makers when initial contacts don't respond.

We connect with billing systems like Stripe, QuickBooks, NetSuite, Xero, Bill.com, Sequence, and Campfire through native integrations that sync in under an hour. Our AI handles routine tasks while human AR specialists review edge cases, provide expertise, and work directly in your Slack channel. You get a real-time dashboard showing exactly what's been followed up on, who owes what, and which invoices are overdue.

Best for: Small to mid-market B2B companies without dedicated AR headcount, finance leaders who want collections handled completely rather than managed through software, and organizations with customers who require supplier portal submissions.

2. Upflow

Upflow is an AR workflow automation tool that helps finance teams visualize receivables and manage collection processes through automated email sequences and task assignment. You can build dunning workflows, track aging balances and DSO metrics, and route collection activities to Sales or Customer Success teams. When customers reply to automated emails, your staff must draft and send responses.

Best for: Mid-market companies with existing finance teams who want better AR visibility and need to coordinate collections across departments.

3. Levers

Levers is a fully AI-driven AR automation tool that handles invoicing and automated customer reply generation through a trained AI agent. The system generates and sends invoice reminder emails, responds to customer questions automatically, and monitors AR activity through a dashboard. You need to train and manage the AI agent yourself, and the system is fully AI with no human oversight.

Best for: Tech-forward companies comfortable with autonomous AI handling customer communications and willing to invest time training an AI agent.

4. Subscript

Subscript is a billing and revenue recognition tool designed for B2B SaaS companies to automate complex invoicing, usage-based billing, and RevRec compliance. It generates accurate invoices and sends automated reminder emails when invoices become due. Subscript does not handle the collections process that happens after invoicing.

Best for: SaaS companies with complex billing models, usage-based pricing, or revenue recognition requirements.

5. LedgerUp

LedgerUp is a contract-to-cash billing tool focused on ingesting contracts via DocuSign API and generating invoices for usage-based and subscription models. It handles contract ingestion through Slack and DocuSign, automates billing, and includes basic dunning capabilities. The system sends invoices to the contact listed in the contract but doesn't find new contacts or escalate when emails bounce.

Best for: B2B SaaS companies that need to convert complex contracts into accurate billing and want contract-to-invoice automation.

Feature Comparison: Tesorio vs Top Alternatives

Here's how the main alternatives stack up across the features that matter for AR automation:

The table reveals where each tool makes different tradeoffs. Tesorio excels at cash flow forecasting but requires your team to handle most execution tasks. Invoice Butler combines AI with actual humans who manage collections on your behalf. The other alternatives offer varying degrees of automation without the service layer.

Why Invoice Butler is the Best Tesorio Alternative

If you need cash flow forecasting and have a full AR department, Tesorio makes sense. But most finance teams evaluating alternatives want someone to actually do collections, not another tool to operate.

That's where we come in. Tesorio shows your team which invoices need attention and routes tasks to AR staff. We send the follow-ups, answer customer replies, log into Coupa and Ariba to upload invoices and chase approvals, and track down decision-makers when contacts disappear. You get the collections work done without hiring the headcount.

The AR automation market continues growing as finance leaders recognize that chasing payments manually doesn't scale. But automation alone creates new problems: your team still needs to monitor dashboards, respond to customer questions, and handle exceptions. We solve this by combining AI with human AR specialists who work directly in your Slack channel, providing expertise when edge cases come up and making judgment calls that software can't.

Setup takes under an hour through native API connections with Stripe, QuickBooks, NetSuite, and other billing systems. Tesorio's SFTP file transfers require weeks of implementation and sync data overnight rather than in real time.

Final Thoughts on Collections Automation Options

Most companies searching for Tesorio alternatives want collections handled completely, not just better visibility into what needs doing. We built Invoice Butler because finance teams told us they needed the work done, not another dashboard to monitor. You get personalized follow-ups, supplier portal management, and customer reply handling without hiring AR headcount, while your team focuses on forecasting and strategic finance decisions that actually move your business forward.

FAQ

When should you consider moving away from Tesorio?

Consider alternatives if you lack dedicated AR staff to operate the software, need real-time data sync instead of overnight SFTP batch transfers, or want someone to actually handle collections work (replying to customers, managing supplier portals) rather than just visualizing what needs attention.

What's the difference between AR automation software and an AR service?

Software like Tesorio gives your team tools to manage collections more productively—dashboards, task assignments, and email templates—but your staff still sends messages and handles replies. A service like Invoice Butler does the collections work for you, acting as the AR team you don't need to hire.

Can Invoice Butler integrate with legacy ERP systems like SAP or Oracle?

Yes, we connect to Oracle NetSuite directly through native APIs, and we work alongside most accounting systems your business already uses. Setup typically takes under an hour rather than the weeks-long SFTP implementations that older tools require.

What should you prioritize when comparing AR automation alternatives?

Focus on whether you need software for your team to operate or a service that handles collections for you, how the tool manages supplier portal submissions (many don't touch them at all), whether customer replies are handled automatically or land back on your desk, and how quickly you can get up and running.

Why do companies switch from forecasting tools to execution services?

Forecasting tools show you which invoices need attention and predict cash flow, but you still need people to chase payments, answer customer questions, and upload invoices to portals. Companies switch when they realize they need the work done, not just better visibility into the work that's piling up.