Billtrust vs Chaser
AR & collections head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Annual subscription plus payment processing, quote-based | Subscription (tiered by company revenue) |
| Deployment | Cloud | Cloud |
| Company size | — | Small business, Mid-market |
| Stated ERP integrations | NetSuite, SAP, Oracle Fusion Cloud, Microsoft Dynamics 365, Infor | Xero, QuickBooks, Sage Intacct, NetSuite, Microsoft Dynamics 365, SAP |
| Vendor | Billtrust | Chaser Technologies Ltd |
Our take
Where Billtrust leads
- Stronger evidenced coverage on 18 of the 30 capabilities where they differ (led by ai-driven collector prioritization and multi-channel remittance capture).
- Stated Oracle Fusion Cloud, Infor integration the alternative doesn't list.
Where Chaser leads
- Stronger evidenced coverage on 12 of the 30 capabilities where they differ (led by managed / outsourced ar service and cash flow / receivables forecasting).
- Stated Xero, QuickBooks, Sage Intacct integration the alternative doesn't list.
Where they differ
The 30 capabilities (of 52 in the AR & collections taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| AI-driven collector prioritizationCollections Management | Core strength AI-driven collections workload prioritisation | Not evidenced |
| Managed / outsourced AR serviceCollections Management | Not evidenced | Core strength Chaser Care: dedicated AR specialist and managed follow-ups |
| Multi-channel remittance captureCash Application | Core strength Remittance data capture across formats and channels | Not evidenced |
| AI-based payment-to-invoice matchingCash Application | Core strength Confidence-based AI/ML payment-to-invoice matching | Not evidenced |
| Straight-through cash postingCash Application | Core strength Straight-through posting for high-confidence matches | Not evidenced |
| Electronic invoice deliveryInvoicing & AP Portal Delivery | Core strength AI-driven invoice generation; delivery via email, portal, print/mail | Not evidenced |
| AP portal / buyer network deliveryInvoicing & AP Portal Delivery | Core strength Delivery to 260+ AP portals | Not evidenced |
| Cash flow / receivables forecastingAnalytics & Forecasting | Not evidenced | Core strength Cash flow forecasting and receivables forecast |
| Payment behavior predictionAI & Automation Platform | Not evidenced | Core strength Late payment prediction |
| Payment plans / instalmentsCollections Management | Not evidenced | Supported Payment plan / instalment management |
| Exception handling workbenchCash Application | Supported Exception queue and workbench for low-confidence matches | Not evidenced |
| Digital credit application workflowCredit Management | Supported Automated credit application workflows | Not evidenced |
| Credit bureau / insurer integrationCredit Management | Not evidenced | Supported Credit checks on customers |
| Surcharge & interchange fee managementCustomer Self-Service & Payments | Not evidenced | Supported Early payment discounts and late payment fees |
| Customizable invoice templatesInvoicing & AP Portal Delivery | Supported | Not evidenced |
| E-invoicing compliance (Peppol / clearance)Invoicing & AP Portal Delivery | Supported Peppol and e-invoice clearance network support | Not evidenced |
| Aging & risk reportingAnalytics & Forecasting | Not evidenced | Supported AR performance reporting |
| Collector performance analyticsAnalytics & Forecasting | Supported Collections performance analytics | Not evidenced |
| Generative-AI assistantAI & Automation Platform | Not evidenced | Supported AI-generated, personalised chase emails |
| Agentic AI workflowsAI & Automation Platform | Supported AI agents for high-volume collections email handling | Not evidenced |
| NLP email classificationAI & Automation Platform | Supported AI agents handling high-volume collections email | Not evidenced |
| Multiple simultaneous ERP connectionsPlatform & ERP Connectivity | Supported Connectors span SAP, Oracle, NetSuite, Dynamics and Infor | Not evidenced |
| Open API / developer platformPlatform & ERP Connectivity | Not evidenced | Supported Chaser API for custom connections |
| CRM integrationPlatform & ERP Connectivity | Not evidenced | Supported CRM integrations (HubSpot, Salesforce, Pipedrive, Zoho) |
| Multi-channel outreachCollections Management | Supported Automated reminders and dunning sequences | Core strength Email, SMS, automated outbound calls, physical letters |
| Automated ERP cash/GL postingCash Application | Supported Automated payment reconciliation with the ledger | Partial Two-way ERP sync updates payment status; no dedicated cash-application matching engine documented |
| Credit risk scoringCredit Management | Core strength Predictive credit risk scoring | Supported Payer rating / scoring |
| Credit limit monitoring & alertsCredit Management | Supported Credit limit monitoring and alerts | Partial Ongoing credit monitoring; no explicit limit-alert feature documented |
| Multiple payment method supportCustomer Self-Service & Payments | Supported Business Payments Network for processing | Partial Payment methods via the Stripe integration |
| DSO / CEI dashboardsAnalytics & Forecasting | Not evidenced | Partial Real-time debtor and chase tracking dashboards; explicit DSO/CEI terminology not confirmed |
Both grade identically on the other 22 capabilities — see each product's full profile: Billtrust, Chaser.
Billtrust vs Chaser — FAQs
Is Billtrust or Chaser better for ERP integration?
Both state integrations with NetSuite, SAP, Microsoft Dynamics 365. Billtrust additionally lists Oracle Fusion Cloud, Infor. Chaser additionally lists Xero, QuickBooks, Sage Intacct. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, Billtrust or Chaser?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what Billtrust and Chaser should each cost you — and whether a third option belongs on your shortlist.