If you're looking for a streamlined accounts receivable process from start to finish, FinFloh is a good option. It automates and optimizes AR from end to end, speeding up collections, automating cash application and resolving disputes through centralized communication channels. FinFloh's AI-based credit scoring and OCR engine for cash posting ensures smooth operations and integrates with ERP/accounting systems, CRM and communication tools without requiring coding.
Another powerful option is Billtrust, which offers a comprehensive AI-based AR platform to streamline order-to-cash processes. It includes automated credit approval, eCommerce integration, invoicing and collections to increase cash flow and improve customer satisfaction. Billtrust's platform integrates with multiple ERPs and systems for a unified experience and is named the AR Applications Overall Leader in the SPARK Matrix for 2024.
Growfin is also an option, as it's designed to accelerate debt collection and improve collaboration between AR, sales and customer success teams. Its AI-based account prioritization, precision dunning and automated cash posting automate AR processes, cutting manual work by 60% and DSO by 33%. Growfin integrates with widely used tools, so it's good for anyone in your organization.
If you want to be more self-sufficient, HighRadius has an AI-based platform for several financial operations, including Order-to-Cash, Treasury and Accounts Payable. It includes AI-based collections management, cash application management and invoice processing, and integrates with multiple ERPs and platforms to reduce IT reliance. HighRadius says it helps working capital and productivity by lowering DSO and improving cash flow.