Question: I'm looking for a solution that can improve cash flow and customer satisfaction through automation and machine learning in accounts receivable.

Billtrust has a broad AI-infused AR platform that streamlines and integrates the order-to-cash process. That includes automated credit approval, AI-assisted eCommerce integration, automated invoicing and optimized collections with customizable workflows. It's the AR Applications Overall Leader in the SPARK Matrix for 2024 and has helped more than 2,400 companies cut manual labor and speed up cash flow.

Another top contender is Quadient AR from YayPay, which automates manual processes, speeds up payments and offers real-time AR visibility. It includes automated accounts receivable, advanced analytics and dispute resolution. With integration with a variety of ERP, billing and CRM systems, Quadient AR promises to save up to 16 minutes per invoice, cut days sales outstanding (DSO) by 34% and deliver a 403% return on investment over three years.

Growfin is designed to speed up debt collection and improve collaboration between AR, sales and customer success teams. It offers AI-based account prioritization, automated cash posting and real-time tracking and analytics. Growfin integrates with widely used tools and promises to cut manual work by 60% and DSO by 33%, making it a good option for optimizing accounts receivable and speeding up cash flow.