Accounts Receivable Software

Svitla Systems helps finance teams modernize accounts receivable, turning invoicing, collections, and cash application into a faster, more predictable process.

We build accounts receivable platforms that automate invoicing, payment matching, and collections, backed by AI-driven credit risk scoring and cash forecasting. If your finance team is buried in manual reconciliation work, we can help close that gap.

Our Approach to Accounts Receivable Software Development

We treat data accuracy and system integration as architecture decisions. Every accounts receivable solution we build reconciles cleanly with your general ledger, your CRM, and your payment processors.

As a custom software partner, we ask the right questions early about invoice volume, customer payment behavior, credit policies, and existing tooling, so nothing surfaces as a surprise mid-project.

Who We Serve

Startups & Scale-Ups

As invoice volume grows past what spreadsheets and manual follow-up can handle, we build lean AR tools that scale with you without slowing down finance operations.

Small &
Mid-Size Businesses

We help finance teams replace manual reconciliation and ad hoc collections with automated workflows that free up time for higher-value work.

Large Enterprises

For finance organizations managing high account volumes, we build AR platforms that integrate with existing ERP systems and handle multi-entity, multi-currency receivables.

Our Process at Svitla for Accounts Receivable Software Development

STEP 1

DISCUSS YOUR REQUIREMENTS

We’ll discuss your business goals, budget, and timeline. During this initial call, we’ll determine if you need end-to-end software outsourcing or one of our other engagement models.

STEP 2

CREATE A PLAN AND ASSEMBLE A TEAM

We’ll craft a plan outlining our approach, based on your requirements and the chosen engagement model. We’ll also assemble a team of specialists who possess the necessary technical expertise.

STEP 3

GET TO WORK.

Our software engineers will get to work. Throughout the development process, we will track metrics and keep you informed about our progress to ensure you stay up to date.

Schedule a Call

Automated Invoicing

Scheduled and on-demand invoice generation and delivery, with rules for recurring billing, multi-currency formatting, and customer-specific templates.

Payment Reconciliation

Automatic matching of incoming payments to open invoices, flagging exceptions that need manual review.

Collections Management

Automated dunning sequences and prioritized collector worklists based on account risk and payment history.

Credit Risk Scoring

AI-supported credit checks and dynamic credit limit recommendations based on customer payment behavior.

Cash Application

Automatic posting of payments to the correct customer accounts and invoices, reducing unapplied cash.

Dispute & Deduction Management

Structured tracking and resolution of short payments, billing disputes, and deductions.

Customer Self-Service Portal

A portal where customers can view invoices, make payments, and raise disputes without contacting your team.

Reporting & Cash Forecasting

Dashboards tracking DSO, aging buckets, and AI-supported forecasts of expected cash inflows.

Challenges we address

Manual Reconciliation

Teams still matching payments to invoices by hand lose hours every week and introduce errors that delay closing the books.

High Days Sales Outstanding

Slow collections and inconsistent follow-up tie up working capital the business needs elsewhere.

Fragmented Systems

Accounting, CRM, and payment data living in separate tools make it hard to get one accurate view of what customers owe.

Credit Risk Visibility

Extending credit without real-time insight into customer payment behavior increases exposure to bad debt.

Is Custom Accounts Receivable Software the Best Option for Your Needs?

Answer a few simple questions and find out whether you should opt for a custom solution or a pre-built AR tool.

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Do you need features like AI-based credit scoring or consolidated multi-entity invoicing that off-the-shelf platforms don't support?

Do you process a high volume of invoices across multiple currencies or business units?

Do you need automated cash application matched to complex or non-standard remittance formats?

Is your average Days Sales Outstanding (DSO) higher than you'd like, with unclear visibility into why?

Do you need a customer self-service portal with your own branding and workflows?

Do you require deep integrations with a specific ERP, CRM, or banking system?

Do you need custom dispute and deduction management rules unique to your industry?

Do you plan to resell or white-label this solution to other businesses?

Faster Cash Collection

Automated reminders and prioritized collector workflows shorten the time between invoicing and payment.

Reduced Manual Work

Automated matching and reconciliation free up finance staff for analysis instead of data entry.

Lower Bad Debt Exposure

Real-time credit risk visibility supports better decisions on extending or limiting credit.

Improved Forecasting Accuracy

Consolidated, clean receivables data supports more reliable cash flow forecasts.

Important Integrations for Accounts Receivable Software

ERP / Accounting Software

For automated posting of invoices, payments, and adjustments to the general ledger, and for accurate financial reporting.

Bank Accounts & Payment Gateways

For real-time visibility into incoming payments and for reconciling bank statements against open invoices.

CRM System

For syncing customer and contract data so invoicing and collections reflect current account terms.

Financial Data

For pulling external credit data to support risk scoring and credit limit decisions.

Tax & Compliance Systems

For applying correct tax rules on invoices and supporting regulatory reporting.

Business Needs Assessment

Analyze business objectives and gather detailed requirements for the AR system.
Solution Design

Define the optimal feature set, system architecture, and technology stack tailored to the client’s needs.
Project Planning

Outline the project scope, deliverables, timeline, budget, and team structure.
Custom Software Development

Our engineers build the AR platform according to the agreed architecture, covering invoicing, collections, and cash application logic.
Quality Assurance

We test calculations, integrations, and workflows to confirm invoices, payments, and collections behave correctly before rollout.
Data Migration

We migrate historical customer, invoice, and payment records from legacy systems or spreadsheets into the new platform.
System Integration

We connect the AR platform with your ERP, CRM, and banking systems so payments and invoices sync automatically.
User Training

We train your finance and collections teams on the new platform so they can use it confidently from day one.
Post-Launch Support and Enhancement (Optional)

After the system goes live, we offer ongoing technical support to ensure stability and performance. We also implement enhancements and new features as your business and AR needs evolve.

Costs of Custom Accounts Receivable Software Development

Based on Svitla’s experience, average costs for building a custom accounts receivable software development vary from $400,000 to $1,000,000, depending on the solution complexity.

Want to understand the cost of your accounts receivable solution?

Calculate the cost

Check Our Client Success Cases

Spend Data Analysis Solution

Project Type Web Development

Industry Financial Services

Uncover the ways we revitalized a spend analysis software by transitioning it to a cloud-based solution with a new tech stack and microservices architecture, significantly enhancing scalability and performance while continuously supporting its evolution with new features and improvements.

CRMa

Project Type Web Development

Industry Financial Services

Find out how we built a comprehensive platform for CRMa, incorporating a Ruby on Rails web application and a self-service tool for calculating Allowance for Loan and Lease Losses (ALLL), facilitated by a dedicated development team and a mature test automation framework, enabling extensibility and sophisticated financial analysis.

Fleet Management Software Suite

Project Type Mobile Development, Web Development

Industry Hi-Tech Devices, Logistics & Transportation

Enhanced fleet management software with advanced financial features, AI-powered route optimization, and real-time vehicle tracking. Introduced fleet card functionality, improved safety via onboard cameras, and streamlined data exchange for over 120,000 clients in logistics and trucking industries.

Our Awards and Partnerships

AR System Consulting

Accounts receivable needs analysis

Audit of existing AR processes and tools (if any)

Recommending optimal AR system features, architecture, and tech stack

Preparing a plan of integrations with required systems (ERP, CRM, payment gateways)

Implementation project cost & time estimates, expected ROI calculation

Request Consulting

AR solution conceptualization

Architecture design

AR system development

Integrating the solution with the necessary systems

Quality assurance

User training

Continuous support and evolution (if required)

FAQ

Do you integrate with our existing ERP or accounting system?

Yes. We build AR solutions to integrate with the accounting, ERP, and CRM systems you already use, so invoicing, payments, and reconciliation stay in sync across your finance stack.

How do you handle the security of payment and customer data?

We treat data security as an architecture decision from day one, applying access controls, encryption, and audit trails, and following relevant standards such as PCI-DSS where payment data is involved.

Can you modernize our existing AR or collections system?

Yes. We work with finance and IT teams to migrate data and functionality from legacy or spreadsheet-based processes to a modern, automated AR platform with minimal disruption to daily collections.

What’s your experience with fintech startups vs. enterprise finance teams?

We work with both: lean, fast-moving AR tools for growing businesses, and complex, multi-entity AR platforms for large finance organizations with established processes.

Do you provide ongoing support after launch?

Yes. After go-live, we offer ongoing technical support and continue to implement enhancements as your AR needs and business evolve.

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