Question: I need a solution to automate our accounts payable and receivable processes, can you suggest a tool that can streamline our financial operations?

If you want to automate your accounts payable and accounts receivable, HighRadius is a top pick. The autonomous finance platform uses AI to boost productivity in accounts payable, order-to-cash and treasury operations. Its features include AI-powered invoice processing, electronic invoicing and cash application management. HighRadius can lower Days Sales Outstanding (DSO) and improve cash flow. It connects to many ERPs and third-party systems, so there's not much IT work required to get it up and running.

Another strong contender is Basware, a cloud-based purchase-to-pay and e-invoicing service that automates complex invoicing processes. The service spans global compliance and connects to more than 250 ERPs in 190 countries. Basware's AI and machine learning technology can handle 100% touchless invoice processing and provide actionable AP insights to help companies improve spend visibility and compliance. Its subscription pricing model scales to accommodate different industries, so it's a good choice for companies large and small.

If you want a more comprehensive spend management service, check out Ramp. Ramp automates finance operations by linking corporate cards, travel, expenses and accounts payable. Features include automated expense reporting, customizable travel policies and AI-driven workflows to prevent errors and overspending. Ramp also offers centralized procurement and integrates with accounting systems, so it can help companies optimize financial operations and get a better handle on how they're spending money.

Streamlined is another AI-powered service designed for B2B invoicing and accounts receivable. It automates invoicing, offers flexible payment options and offers real-time payment reconciliation and smart reminders to customers. Streamlined connects to popular services like Shopify, QuickBooks and NetSuite, and offers same-day payouts for processed payments, so there's less manual invoicing time and better cash flow efficiency.