If Plastiq is not the right choice for you and you are looking for the perfect Plastiq alternative, then you are in the right place. We have compiled a list of the top 10 best alternatives to Plastiq to help you find the right alternative that fits your needs.
Taulia
Taulia is a great alternative to Plastiq and offers features such as comprehensive supply chain finance platform, offers invoicing, payments, and supplier financing solutions.
Some of the advantages of choosing Taulia include: comprehensive supply chain finance platform, offers invoicing, payments, and supplier financing solutions.
On the other hand, the downsides of using Taulia are: tailored to enterprise-level businesses, may not be cost-effective for smaller organizations.
Versapay
Versapay is also a good alternative to Plastiq and provides many useful features such as accounts receivable and invoicing automation platform, offers payment processing and collections management.
The biggest advantages of choosing Versapay include: streamlines invoicing and payment processes, improves cash flow management, automated collections and reminders.
The cons of using Versapay are: may have additional costs for payment processing, limited support for certain payment gateways.
AvidXchange
AvidXchange makes a good alternative to Plastiq because it offers similar features, such as accounts payable and payment automation platform, offers features for invoice management and approvals.
The positives we found about it include: streamlines accounts payable processes, supports electronic payments and approvals, scalable for large organizations.
The worst part of using this software is: may have higher costs for large organizations, may not have advanced accounting features.
Bill.com
Plastiq and Bill.com are two different solutions on the market, but they share some features and functionalities.
Bill.com offers features such as financial management and accounts payable software.
Some of the things where Bill.com excels are: streamlines payment processing and invoicing, supports financial reporting and integration with accounting software.
On the other side, some of the cons include: pricing can be expensive for large companies or high transaction volumes, may have limited support for certain accounting software.
MineralTree
The target audience for Plastiq and MineralTree are quite different, but their features overlap so it could make a good alternative.
The main key features of MineralTree are: accounts payable and payment automation software.
Some of the reasons why you should consider MineralTree are: streamlines invoice and payment processing, integrates with accounting software, customizable workflows.
Unfortunately, some of the problems you may find could be: pricing can be expensive for large companies or high transaction volumes, may have limitations on certain accounting software integrations.
Transcepta
Transcepta can be a good alternative to Plastiq, but there are some differences that you need to be aware of.
Transcepta has an extensive feature suit that makes it a good option. Some of the main features are: accounts payable and payment automation software.
Transcepta shines when it comes to streamlines payment processes and vendor management, supports automated invoice processing.
The downside of using Transcepta is: may have a learning curve for new users, pricing can be based on transaction volume.
AvidXchange
Both Plastiq and AvidXchange offer great and similar features. The top features of AvidXchange are: accounts payable and payment automation software.
Some of the reasons that might make you choose AvidXchange are: streamlines payment processes and vendor management, supports automated invoice processing.
The reasons that might make you avoid AvidXchange are: may have a learning curve for new users, pricing can be based on transaction volume.
Nvoicepay
In terms of features, there’s not too much to complain about Nvoicepay as an alternative to Plastiq.
It offers many useful features, such as: payment automation and accounts payable solution.
The dealbreaker could be things like: may have fees and require specific setup for certain financial products and services.
On the other hand, Nvoicepay trumps when it comes to streamlines payment processes and vendor management, supports automated invoice processing.
Bottomline
Features such as financial technology solutions provider make Bottomline an attractive alternative to Plastiq.
Some of the things we love about Bottomline include: offers various financial management and payment solutions.
What we didn’t like much about Bottomline is: may have fees and require specific setup for certain financial products and services.
Paymentus
If we outline the main features of Paymentus, we end up with features like: electronic bill payment and processing platform. This makes it a valid alternative to Plastiq.
What we loved about Paymentus were things such as: supports online bill payments and payment processing, provides billing and invoicing solutions.
Our main criticism of Paymentus is some limitations like: may have fees and require specific integrations for certain billing and payment services.
Conclusion: The Best Plastiq Alternative For You
Plastiq is a good platform that can help you in many ways. However, if you need an alternative, you have plenty of amazing tools you can pick from our list.
Our main recommendations as Plastiq alternatives are Taulia, Versapay, and AvidXchange, but remember that not all software was created equal, so you need to prioritize your specific needs and choose accordingly.
