Alternative Payments and LedgerWay have announced a strategic partnership aimed at bringing AI-powered accounts receivable (AR) automation and B2B payments infrastructure to more than 5,000 small businesses across North America.
Through the collaboration, LedgerWay will recommend Alternative Payments as its preferred AR and payments automation platform, expanding access to automated invoicing, payment tracking, reconciliation, and AI-powered financial workflows for its growing client base.
The partnership reflects growing demand among small businesses for automated financial operations and more efficient accounts receivable management.
Alternative Payments provides an AI-powered platform designed to automate key AR functions, including invoicing workflows, secure payment processing, invoice reconciliation, real-time payment tracking, and integrations with ERP and accounting systems.
Under the agreement, LedgerWay clients will gain direct access to these capabilities as part of the accounting firm’s broader advisory and business growth services.
For LedgerWay’s accounting teams, the platform also introduces a centralized management layer that provides visibility into AR and payment operations across multiple client accounts.
According to the companies, this enables accountants to move beyond traditional bookkeeping functions and offer more proactive advisory support around collections, working capital, and business growth.
Alternative Payments said the accounting industry remains one of the most underserved sectors in B2B payments modernization, with many businesses still relying on manual invoice collection processes and fragmented systems.
"The accounting industry has been one of the largest and longest-overlooked segments in B2B payments. Small businesses across the country are still being asked to chase down invoices manually, and their accountants lack the infrastructure to help solve it at scale," said Baxter Lanius, Founder and CEO of Alternative Payments.
"Alternative Payments was built to close that gap. Partnering with LedgerWay accelerates that effort across thousands of small businesses immediately. LedgerWay is exactly the kind of firm we built this platform for - deeply established, technology-forward, and obsessively focused on helping their clients grow."
LedgerWay currently serves thousands of small businesses across the United States and has built its advisory model around technology adoption, financial clarity, and operational growth support.
The partnership also highlights a broader shift within the accounting industry toward technology-enabled advisory services.
LedgerWay stated that modern accounting firms are increasingly expected to help businesses improve operational performance and cash flow management rather than simply maintain compliance and bookkeeping functions.
"At LedgerWay, our job isn't just to keep our clients compliant. It's to be the proactive partner that actively helps them grow. And this partnership is a natural fit for that vision," said Damyan Dimitrov, Founder and CEO of LedgerWay.
"Alternative Payments will deliver significant value to our clients with faster collections, better cash flow, and real savings that materially impact how fast our clients' businesses can grow. And that's what it's all about."
The partnership expands Alternative Payments’ presence within the accounting and advisory market while reinforcing broader industry demand for AI-powered financial automation and scalable B2B payment infrastructure.
About LedgerWay
LedgerWay is a modern tax, accounting, and advisory firm built for growth-minded small businesses and entrepreneurs. Founded in 2022, LedgerWay brings together a network of firms with roots dating back over 50 years, combining decades of small-business expertise with a modern, integrated approach to financial partnership. The firm is built around a simple promise: bring clarity to the numbers, confidence to decisions, and momentum to growth so small businesses thrive. With offices across Georgia, Florida, Texas, and California, LedgerWay's team of CPAs and Enrolled Agents serves over 5,000 businesses nationwide. LedgerWay operates under the Alternative Practice Structure (learn more).
About Alternative Payments
Alternative Payments is a leading B2B payments and accounts receivable automation platform, serving thousands of businesses across North America. The company's platform delivers end-to-end automation - including AI workflow automation, automated invoicing, secure online payment portals, real-time payment tracking, and invoice and cash reconciliation - with direct integrations into leading ERP, PSA, and accounting systems. To learn more about Alternative Payments, visit the website.
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