If you're looking for an accounting automation tool that can integrate with your existing ERP system and decrease manual work, Billtrust is a good option. This AI-powered accounts receivable platform streamlines and consolidates the order-to-cash process with features like automated credit approval, AI-powered eCommerce integration and optimized collections. It supports multiple ERPs and other systems for a unified interface and has been named the AR Applications Overall Leader in the SPARK Matrix for 2024.
Another good option is HighRadius, an autonomous finance platform that can boost productivity in several financial areas, including Order-to-Cash and Treasury. It uses AI to automate collections management, cash application and electronic invoicing, among other tasks. HighRadius connects to multiple ERPs and other systems to help you improve working capital, lower Days Sales Outstanding and boost productivity.
If you have a more complex AR operation, FinFloh offers an AR automation software that automates cash application, credit decisions and invoice verification. It connects to ERPs and CRM systems without requiring any coding, and it's designed to protect data and ensure compliance. FinFloh is designed to lower DSO, increase cash flow and improve collections efficiency, and you can try it with a 14-day free trial.
Last, Vic.ai is an intelligent accounting solution that automates invoice processing and approval workflows. With features like PO matching and AI-driven data insights, Vic.ai connects directly to leading ERP systems to increase financial productivity and reduce manual labor. This platform is great for finance teams and accounting firms looking to modernize their accounting.