Question: I'm looking for a solution that automates cash application and provides accurate credit scoring for better financial decisions.

If you're looking for a solution that automates cash application and provides accurate credit scoring, FinFloh is a top contender. It's an AR automation software that automates receivable collection, cash application, and credit decisions. FinFloh's platform includes an ML-based OCR engine for cash application, AI-driven credit scoring, and invoice verification. It integrates with ERP/accounting systems, payments, CRM, and communication tools without any coding work, and it's secure with SOC 2, GDPR, and ISO compliance.

Another top contender is Billtrust, which offers an AI-powered AR platform that streamlines and unifies the entire order-to-cash process. Billtrust offers automated credit approval, AI-powered eCommerce integration, automated invoicing, multiple payment channels, and efficient collections with customizable workflows. It's designed to increase cash flow and improve customer satisfaction, and it integrates with a variety of ERPs and other systems. Billtrust was named the AR Applications Overall Leader in the SPARK Matrix for 2024.

HighRadius is another autonomous finance platform that automates several financial processes, including Order-to-Cash, Treasury, and Record-to-Report. It includes AI-based collections management, cash application management, credit management, and electronic invoicing. HighRadius integrates with multiple ERPs, banks, and third-party platforms, with the goal of improving working capital, accelerating financial closes and increasing productivity by lowering DSO and improving cash flow.

For a cash flow management platform that focuses on optimizing cash flow performance, Tesorio could be a good fit. It uses AI to automate financial processes and includes automated invoice generation, supplier portal management, AI-powered collector tools and cash flow performance analytics. By integrating with a variety of ERPs, CRMs and billing systems, Tesorio aims to automate tasks, improve forecasting and increase collector productivity, resulting in dramatic DSO reductions and more efficient collections teams.