If you're looking for a platform that automates and optimizes financial operations, especially with order-to-cash and treasury management, HighRadius is a good option. This autonomous finance platform uses AI to increase productivity in collections management, cash application, and treasury payments. HighRadius integrates with many ERPs and banks to help you optimize working capital, accelerate financial closes and lower Days Sales Outstanding (DSO).
Another good option is Billtrust, which offers an AI-powered accounts receivable platform that streamlines and consolidates the entire order-to-cash process. Features include automated credit approval, AI-driven cash application and efficient collections with customizable workflows. Billtrust integrates with various ERPs and systems to provide a single user experience, making it a good option for improving cash flow and reducing manual labor.
If you're looking for a more comprehensive spend management platform that also handles treasury management, Coupa is a good option. It offers AI-driven automation of source-to-pay processes, procurement and supply chain management, giving you a single view of global cash positions. Coupa is designed to improve efficiency and collaboration between finance, procurement and IT, making it a good option for companies looking to modernize their operations.
Also worth considering is Tesorio, a cash flow management platform that uses AI to automate financial processes and optimize cash flow performance. Features include automated invoice generation, supplier portal management and AI-powered collector tools. Tesorio is designed to lower DSO and improve collections team productivity, making it a good option for modern finance teams.