If you're looking for an AR platform that offers a variety of payment options and uses AI and machine learning to optimize cash flow, Billtrust is a full-featured option. It streamlines the order-to-cash process with automated credit approval, AI-powered eCommerce integration, multiple payment options and AI-driven cash application. The company also offers professional services and support, and it can integrate with a variety of ERPs and other systems.
Another option is HighRadius, an autonomous finance platform that uses AI to improve productivity in the Order-to-Cash process. It offers features like AI-based collections management, cash application management, electronic invoicing and a payment gateway. HighRadius can integrate with a variety of ERPs, banks and third-party systems to help companies improve working capital and cash flow.
FinFloh also offers a powerful AR automation option, automating the entire AR process and optimizing cash application with an ML-based OCR engine. It also offers AI-based credit scoring, invoice verification and customizable workflows to ensure data security compliance. FinFloh can integrate with ERP/accounting systems, payments, CRM and communication tools, making it a good option for companies that want to lower DSO and improve collections efficiency.
For companies that want flexible payment options and real-time integration, Streamlined offers an AI-powered order-to-cash option that automates invoicing and AR processes. It offers a variety of payment options, including ACH, credit/debit cards, wire transfers and checks, with auto-reconciliation of payments and smart customer reminders. The company is geared for businesses with B2B sales, e-commerce or wholesale operations that want to cut manual labor and improve cash flow.