Question: I'm looking for a tool that automates invoice generation and submission to reduce manual work in finance teams.

If you need a system to automate invoice creation and submission, Billtrust is a full-service option that could help. Billtrust's AI-powered accounts receivable platform streamlines and consolidates the order-to-cash process, including automated invoicing, multiple payment options, AI-powered cash application and collections. The platform also integrates with many ERPs and other systems, with professional services for setup and support, and was named the AR Applications Overall Leader in the SPARK Matrix for 2024.

Another good option is Streamlined, which automates and streamlines B2B invoicing and accounts receivable. It offers automated invoicing, flexible payment options, real-time payment reconciliation, intelligent reminders, and integration with popular platforms like Shopify, QuickBooks and NetSuite. Streamlined is designed to eliminate manual invoicing work, reduce back office costs and improve customer satisfaction, making it a good option for companies looking to improve their order-to-cash process.

FinFloh also offers powerful AR automation, including automated cash application, customizable workflows and AI-powered credit scoring. FinFloh integrates with ERP, CRM and payment systems, and is designed to be secure and scalable. The platform is geared for companies with complex AR operations, helping to lower DSO and improve collections efficiency.

For a more AI-centric approach, check out Tesorio. Tesorio's cash flow management platform automates invoice creation, supplier portal management and collector tools. It uses AI to boost forecasting and collector productivity with features like payment predictions, cash application matching and transaction categorization. Tesorio integrates with many ERPs and CRMs to automate financial processes and optimize cash flow performance.