If you're looking for a platform that uses AI to streamline cash flow management and financial operations, Billtrust is a top pick. This AI-powered accounts receivable platform automates the entire order-to-cash process, including credit, invoicing, payments, cash application and collections. It offers automated credit approval, AI-powered eCommerce integration and customizable collections processes. It can integrate with many ERPs and other systems, with professional services to get it up and running and support to keep it running to maximize cash flow and customer satisfaction.
Another powerful option is HighRadius, an autonomous finance platform that spans the Office of the CFO for Order-to-Cash, Treasury, Record-to-Report and Accounts Payable. HighRadius uses AI for collections, cash application, deductions, credit, electronic invoicing and cash forecasting. It can integrate with many ERPs, banks and third-party systems to lower Days Sales Outstanding (DSO), improve cash flow and increase productivity.
For a more specialized focus on cash flow performance, Tesorio offers a platform that automates financial processes and optimizes cash flow. Its features include automated invoice generation, supplier portal management, AI-powered collector tools and cash flow performance analytics. Tesorio is designed to automate more tasks, improve forecasting and increase collector productivity, making it a great option for modern finance teams.
Last, FinFloh offers end-to-end AR automation to accelerate receivable collection and automate cash application. It features AI-driven credit scoring, invoice verification and customizable workflows for dispute resolution. FinFloh also ensures data security compliance and offers a scalable solution with a customized pricing model, making it a good fit for companies looking to lower DSO and improve collections efficiency.