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www.alternativepayments.io

Payments technology company enabling service-based businesses to modernize cash flow through a unified platform.

Alternative Payments is a payments technology company focused on lowering barriers and making smarter payments accessible to service-based businesses. It positions itself as the financial operating system for B2B services companies, unifying invoicing, payables, and analytics in one platform, and using AI to anticipate challenges, surface opportunities, and help teams act before problems arise. The company aims to help offline service providers improve cash flow, automate billing, and accelerate collections through transparent pricing and strong partnerships. It serves industries such as MSPs, accounting, business services, telecom, and other service sectors seeking flexible, secure, and scalable payment solutions.

Mission statement

our mission is to lower the barrier and make smarter payments accessible to all

Products & Services

Automated Accounts Receivable Solution

Streamline your accounts receivable process for enhanced cash flow and reduced manual work.

www.alternativepayments.io/solutions/automate-accounts-receivable
  • Invoicing, Collections, and Reconciliation Automation — Automate Billing Processes
  • Collection Assist — Delegate Payment Follow-up
  • Payment Reminders and Autopay — Send Automated Reminders
  • Custom Payment Schedules — Configure Payment Schedules
  • Self-Service Client Portal — Enable Self-service Payments
  • Multi-Client AR Dashboard — Streamline Client Management

Automated Accounts Payable Solution

Streamlines vendor payments through automation, enhancing efficiency and cash flow management.

www.alternativepayments.io/solutions/automate-accounts-payable
  • OCR Bill Data Extraction — Automate Bill Details Extraction
  • Unified Payable Workflow — Centralize Vendor Payables
  • Vendor Bill Automation and Approvals — Automate Vendor Bills
  • Integrated Payments Management — Manage Payments Seamlessly
  • Audit Trail and Compliance Tracking — Track Compliance Automatically

Collections Assist Solution

Streamlines collections by directly engaging with customers for timely payments.

www.alternativepayments.io/solutions/collections-assist
  • Direct Collections Outreach — Increases Cash Flow
  • Automated Submission Process — Saves Time and Effort
  • Integration with Existing Systems — Ensures Accurate Records
  • Customer-Centric Communication — Maintains Relationships

Enterprise-Level Security Solution

Offers advanced security features to safeguard customer payment data and enhance compliance.

www.alternativepayments.io/solutions/security
  • Enterprise-Level Security — Protect Payment Data Securely
  • Strict Access Controls — Maintain Secure Access Levels
  • Data Encryption — Encrypt Data Securely
  • Continuous Compliance Monitoring — Ensure Continuous Security Compliance

Accounts Payable Product

Automate vendor payments and manage bills efficiently within one platform.

www.alternativepayments.io/platform/accounts-payable
  • Audit Trail and Approvals — Ensures Compliance And Accountability
  • Unified Payables in Platform — Streamlines Financial Operations
  • Multi-Method Payment Options — Flexibility In Payments
  • Analytics And Reporting — Enhanced Financial Oversight

Market Segments

Billion USD 0 5 10 15 20 25 30 35 Accounts payabl… Accounts receiv… Payment orchest… Payment securit… Outsourced coll… Market Size (Billion USD)
0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 22% 24% 26% 28% CAGR Growth Potential

Accounts payable automation

Capabilities that automate invoice intake, approval, scheduling, and vendor payments to reduce manual work and accelerate payables.

Market size: $3.8B CAGR: 10.3%
Primary estimate uses Future Market Insights (FMI) as the most specific source for "accounts payable automation" (reports 2026 market size and a 10.3% CAGR to 2036). Alternative published estimates vary widely (The Business Research Company projects $5.42B in 2025 and a 21.6% CAGR to 2030; Market Research Future reports a smaller base $1.41B in 2024 and ~8.8% CAGR). The FMI figure was selected as the primary because it explicitly covers AP automation with a detailed 2026–2036 forecast; other sources are cited for context.
MA MA 20 3 references

Accounts receivable automation and collections

Capabilities that automate invoicing, reconciliation, credit workflows and buyer-centric collections to reduce DSO and manual AR overhead.

Market size: $3.4B CAGR: 10.18%
Primary source: Market Research Future (MRFR) provides a 2024 market size estimate of about USD 3.398B and a forecast CAGR of 10.18% (2025–2035). SNS Insider offers a higher 2025E estimate (USD 4.48B) and a faster CAGR (13.1%, 2026–2033); MRFR chosen as primary due to more recent update and explicit 2024 baseline.
20 MA 2 references

Payment orchestration and reconciliation

Capabilities that centralize multi-method payment routing (ACH, card, check), unify payables and receivables, and reconcile transactions against invoices and ledgers for consolidated cash management.

Market size: $1.5B CAGR: 23.3%
Estimate based on a market report in the provided search results that defines the global payment orchestration platform market (covers orchestration and reconciliation capabilities) at USD 1,527.13M in 2024 with a forecast to USD 8,157.94M by 2032 and an implied CAGR of 23.3% (2025–2032).
VA 1 reference

Payment security and compliance

Capabilities that protect cardholder data, support PCI‑DSS compliance, and provide end-to-end encryption and risk management for transactions.

Market size: $34.8B CAGR: 17.4%
Primary estimate based on Fortune Business Insights reporting a global payment security market value of USD 34.8 billion in 2025 and a projected CAGR of 17.4% (2026–2034). GM Insights reports a corroborating market scale (USD 23.4 billion in 2023) and a 15% CAGR (2024–2032). Polaris Market Research shows a larger adjacent payment processing market (USD 76.88 billion in 2025, 14.5% CAGR), indicating broader industry spend that supports high growth in payment security and compliance.
TH PA PA 3 references

Outsourced collections

Third-party receivables recovery and outreach services that integrate with PSA and accounting systems, offering customer-centric communication and success-based pricing to recover overdue invoices.

Market size: $18.1B CAGR: 5.4%
Primary estimate uses the Collection Outsourcing Service market data (direct match to "outsourced collections") showing USD 18.1B in 2025 and a 5.4% CAGR to 2035. Broader debt collection services reports (Fact.MR) show a larger 2025 market (USD 31.7B) with a lower CAGR (3.2%), and the debt-collection software subsegment is smaller (USD ~5.21B in 2025) with higher CAGR (~6.55%). I selected the WiseGuyReports sizing/CAGR because it specifically targets outsourced/collection outsourcing services and aligns with the marketSegment description; other cited sources are used to contextualize broader and adjacent segments.
MA BA TH 3 references

Related Organizations

Common Questions

What does Alternative Payments do?
Alternative Payments is a payments technology company focused on lowering barriers and making smarter payments accessible to service-based businesses. It positions itself as the financial operating system for B2B services companies, unifying invoicing, payables, and analytics in one platform, and using AI to anticipate challenges, surface opportunities, and help teams act before problems arise. The company aims to help offline service providers improve cash flow, automate billing, and accelerate collections through transparent pricing and strong partnerships. It serves industries such as MSPs, accounting, business services, telecom, and other service sectors seeking flexible, secure, and scalable payment solutions.
What is Alternative Payments's role in the Accounts payable automation market?
Capabilities that automate invoice intake, approval, scheduling, and vendor payments to reduce manual work and accelerate payables.
What is Alternative Payments's role in the Accounts receivable automation and collections market?
Capabilities that automate invoicing, reconciliation, credit workflows and buyer-centric collections to reduce DSO and manual AR overhead.
How was the Accounts payable automation market size estimate for Alternative Payments calculated?
Primary estimate uses Future Market Insights (FMI) as the most specific source for "accounts payable automation" (reports 2026 market size and a 10.3% CAGR to 2036). Alternative published estimates vary widely (The Business Research Company projects $5.42B in 2025 and a 21.6% CAGR to 2030; Market Research Future reports a smaller base $1.41B in 2024 and ~8.8% CAGR). The FMI figure was selected as the primary because it explicitly covers AP automation with a detailed 2026–2036 forecast; other sources are cited for context.
How was the Accounts receivable automation and collections market size estimate for Alternative Payments calculated?
Primary source: Market Research Future (MRFR) provides a 2024 market size estimate of about USD 3.398B and a forecast CAGR of 10.18% (2025–2035). SNS Insider offers a higher 2025E estimate (USD 4.48B) and a faster CAGR (13.1%, 2026–2033); MRFR chosen as primary due to more recent update and explicit 2024 baseline.
Alternative Payments — company overview