Question: How can I reduce the time spent on manual invoicing and accounts receivable tasks in my business?

If you want to cut the time spent on manual invoicing and accounts receivable work, Billtrust is an all-purpose AI-powered system that can streamline and integrate your order-to-cash operations. It's got automated credit approval, AI-powered eCommerce integration and multiple payment options, among other features. Billtrust is the AR Applications Overall Leader in the SPARK Matrix for 2024 and has helped more than 2,400 companies around the world modernize their AR operations and revenue generation.

Another good option is Streamlined, which automates and streamlines B2B invoicing and accounts receivable operations. It offers flexible payment options, auto-reconciliation of payments, smart reminders, and integration with popular platforms like Shopify and QuickBooks. Streamlined is designed to cut manual invoicing work, lower back office costs and improve customer satisfaction, so it's good for businesses of all sizes with B2B sales or e-commerce operations.

FinFloh is a powerful system for automating and optimizing accounts receivable operations. It's got features like AI-driven credit scoring, centralized communication channels for dispute resolution, and ML-based OCR for cash application. FinFloh integrates with ERP/accounting systems and other tools, with data security and a customized pricing model. It's good for companies that want to lower DSO, increase cash flow and improve collections efficiency.

For a more collaborative approach, Growfin is designed to improve collaboration between AR, sales and customer success teams. It's got AI-based account prioritization, precision dunning and real-time tracking and analytics. Growfin is designed to cut manual work by 60% and lower DSO by 33%, so it's a good option for optimizing accounts receivable operations and accelerating cash flow.