If you want to automate and streamline your accounts receivable process, Billtrust is a full suite of solutions that automates order-to-cash processes with AI and automation. It offers automated credit approval, eCommerce integration and collections. Billtrust was named the AR Applications Overall Leader in the SPARK Matrix for 2024 and has helped more than 2,400 companies automate manual processes and improve cash flow.
Another top contender is Quadient AR from YayPay, which automates manual tasks, speeds up payments and offers real-time AR visibility. It offers advanced analytics, dispute resolution and customizable dashboards. The platform can cut manual work by 50%, save up to 16 minutes per invoice and cut days sales outstanding (DSO) by 34%.
Streamlined is another option, using AI to automate invoicing and accounts receivable processes. It offers real-time payment reconciliation, flexible payment options and same-day payouts. The platform is designed to cut DSO by 30 days and cut back office expenses by a lot, so it's good for companies of all sizes.
Last, FinFloh offers AR automation software to help companies speed up receivable collection and automate cash application. It offers AI-driven credit scoring, dispute resolution and customizable workflows. FinFloh has data security and a 14-day free trial to get started, so it's a good option for businesses with more complex AR operations.