order-to-cash
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The Billing Engine Behind Your Netflix Habit Just Taught Itself to Think
For 24 years Aria Systems has quietly answered one boring, load-bearing question for the world's biggest companies: how do you charge millions of customers correctly, every month, without the whole thing falling over?
Alex Babin Is Making AI Do the Work Nobody Puts on a Slide
After two decades of chasing hard technical problems, the Hercules co-founder has settled on a stubbornly practical thesis: AI becomes valuable when it checks every invoice, contract and exception before the mistake gets expensive.
TreviPay Wants the Invoice to Feel Like a One-Click Checkout
The 48-year-old payments company sits behind the checkout, deciding who gets terms, sending the invoice and taking the collection risk - so merchants can treat trade credit as a growth channel instead of a back-office burden.
The Company That Teaches Your Software to Talk to Itself
Two former NetSuite engineers spent a decade turning the least glamorous job in software - getting one app to speak to another - into a business ranked the #1 iPaaS and worth an estimated half a billion dollars.
Blue Onion
Blue Onion is a New York-based fintech company that builds an automated financial subledger and reconciliation platform for e-commerce and retail brands. Its data engine ingests transactions from order systems, payment processors, marketplaces and bank accounts, then reconciles every order, payout, fee, refund and deposit into a single source of truth - letting finance teams close their books daily with guaranteed accuracy and feed clean, structured financial data into AI workflows.
Hyperbots Inc.
Hyperbots is an agentic AI company building finance and accounting co-pilots for mid-market enterprises. Its platform automates core workflows - procure-to-pay, order-to-cash, expense management and analytics - by converting unstructured financial documents into structured, ERP-ready data. Founded in 2023 and headquartered in Dover, Delaware with engineering in Bengaluru, the company reports 99.8% document accuracy and up to 80% straight-through processing, and in 2025 raised a $6.5M Series A co-led by Arkam Ventures and Athera Venture Partners to expand in the U.S. and launch HyperLM, a large language model trained specifically on finance data.
Zenskar
Zenskar is an AI-native billing and revenue automation platform for complex B2B businesses. It combines usage-based billing, revenue recognition (ASC 606/IFRS 15), collections, usage metering and SaaS analytics into a single order-to-cash system, layering AI agents on top so finance teams can automate invoicing, dunning and month-end close without engineering support. Founded in 2021 by Apurv Bansal and Saurabh Agarwal, the New York-based company has raised roughly $24-63M and serves SaaS, cloud infrastructure, AI and fintech companies with dynamic pricing, prepaid credits, multi-entity and multi-currency needs.
Lyndsey Bunting
Lyndsey Bunting is the CEO and co-founder of Blue Onion, a New York-based financial data platform that automates reconciliation and bookkeeping for retail and ecommerce brands. A Wharton-trained finance operator who served as VP of Finance at Birchbox and CFO at Resonance Companies, she started Blue Onion in 2020 to fix the messy, manual reconciliation work she lived through every month. The company went through Y Combinator, has reconciled more than $30 billion in transactions across 200-plus brands, and raised a $10 million Series A led by Viola FinTech in 2025 to build the clean data layer that AI-powered finance teams will run on.
Conexiom
Conexiom is a Vancouver-based B2B software company that automates the capture, correction, and analysis of sales orders and trade documents for manufacturers and distributors. Its AI-powered platform turns unstructured purchase orders arriving as PDFs, emails, spreadsheets, faxes, and even handwritten notes into 100% accurate, ERP-ready data, removing manual keying and the errors that come with it. Backed by roughly $170M in growth investment from Warburg Pincus, ICONIQ, and Luminate Capital, Conexiom processes hundreds of thousands of orders representing billions of dollars in transactions each year for customers such as Fastenal, Graybar, Parker Hannifin, and Arrow Electronics.
Fazeshift
Fazeshift is a San Francisco AI company building autonomous agents that run the accounts receivable process end to end - generating invoices, matching payments, chasing collections, reconciling cash and updating systems of record. Founded in 2023 by Caitlin Leksana and Timmy Galvin and launched out of Y Combinator's Summer 2024 batch, the company sits as an intelligent control layer across ERPs, CRMs, bank portals and email, and says it now automates more than 90% of manual AR work for its enterprise customers.
HerculesAI
HerculesAI (formerly ZERO Systems) is a Campbell, California enterprise AI company that builds a verification layer for documents and transactions in regulated, data-intensive industries. Founded in 2017 by Alex Babin and Gevorg Karapetyan, it trains and orchestrates ensembles of specialized mid-sized AI models -- 'AI workers' -- to read unstructured documents, reconcile data across systems, and validate every transaction against contracts, rates, policies, and regulations. Originally focused on legal billing and time capture, Hercules now targets order-to-cash operations across finance, insurance, and staffing, counting Fortune 500 clients including Mercer, S&P, and State Farm.
RightRev
RightRev is a revenue recognition and automation platform for the office of the CFO, built to handle the messiest parts of ASC 606 and IFRS 15 compliance at high transaction volume. Founded in 2020 by Jagan Reddy - the accountant-turned-founder who built the original RevPro/Leeyo revenue engine later acquired by Zuora - the company sells both a standalone, API-first product and a native Salesforce Revenue Cloud application, plus an AI layer called Revi. It ingests contracts, orders, invoices and usage data from upstream billing and CPQ systems, applies configurable revenue rules, and produces journal entries, waterfalls and audit-ready reports. Backed by Norwest, Salesforce Ventures, Snowflake Ventures, Innovius Capital and Cheyenne Ventures, RightRev has raised more than $31 million and counts Snowflake, Drata, Epicor, Docebo, CAE and LogicMonitor among its customers.
Crstl
Crstl is a San Francisco-based, AI-native EDI and agentic B2B commerce network that connects brands, retailers, and logistics providers from order to payment. Its platform replaces the legacy, error-prone world of electronic data interchange with no-code integrations and an always-on AI agent named Edison that processes purchase orders, generates ASNs and invoices, and keeps merchants compliant with big-box retailers like Walmart, Target, and Whole Foods - so direct-to-consumer brands can scale into wholesale, marketplaces, and omnichannel retail without an EDI team.
Billtrust
Billtrust is a cloud-based fintech that automates the entire order-to-cash and invoice-to-cash cycle for B2B businesses - credit decisioning, online ordering, invoice delivery, payments, cash application, and collections. Founded in 2001 by Flint Lane, it went public via SPAC in 2021 (Nasdaq: BTRS) and was taken private by EQT in late 2022 for about $1.7 billion. Its Business Payments Network connects buyers, suppliers, and banks to move trillions in B2B payments with far less manual work.
Grant Halloran
Grant Halloran is the Chief Executive Officer of Billtrust, the B2B accounts receivable workflow and payments company. He stepped into the role in December 2025 after a multi-year run as CEO of Planful, where he tripled revenue and doubled both the customer base and headcount. A 25-year enterprise software operator, he has held senior roles at Anaplan, Infor, Heavy.ai (formerly OmniSci / MapD), and co-founded the SaaS marketing platform Orbis with his brother in Australia in the late 1990s.
Nishant Nair
Nishant Nair is the Founder and CEO of RecVue, a Palo Alto-based enterprise revenue operating system that manages over $100 billion in revenue for global enterprises. With 20+ years navigating quote-to-cash complexity, he built RecVue to unify billing, revenue recognition (ASC 606/IFRS 15), and partner compensation on a single AI-powered platform—bridging the stubborn gap between CRM and ERP that legacy systems have never solved. Backed by $20.19M in funding including a $13.19M Series A led by Cota Capital, RecVue processes over 100 million transactions monthly for customers like Hertz, World Wide Technology, and Crown Castle.
RecVue
RecVue is a Palo Alto-based enterprise software company building an AI-powered Revenue Operating System (RevOS) that sits between CRM and ERP to automate billing, revenue recognition, and partner settlements for complex subscription and usage-based businesses. Founded in 2015 by Nishant Nair, RecVue today manages over $100 billion in annual revenue for customers including Hertz, ACI Worldwide, Textainer, and General Assembly.