If you want to streamline your order-to-cash process and get your money faster, there are several options available. Billtrust has an AI-based AR platform that handles the entire order-to-cash process, including credit, invoicing, payments, cash application and collections. With automated credit approval, AI-powered eCommerce integration and customizable workflows, Billtrust is designed to minimize manual labor, lower costs and accelerate cash flow, making it a good option for businesses of all sizes.
Another good option is Streamlined, which automates and streamlines B2B invoicing and accounts receivable processes. The platform includes automated invoicing, flexible payment options, real-time payment reconciliation and smart reminders for customers. It can integrate with popular e-commerce sites like Shopify and accounting software like QuickBooks, helping businesses get paid faster and more easily, which can cut average DSO and lower back office costs.
HighRadius is another autonomous finance platform that handles a range of financial tasks, including order-to-cash, treasury and record-to-report. It uses AI to automate collections management, cash application and electronic invoicing, among other tasks. HighRadius connects to several ERPs and third-party systems, so it's a good option for those who want a powerful tool to boost productivity and working capital.
For companies with more complex AR operations, FinFloh offers a customized option that automates and optimizes the AR process. With features like AI-driven credit scoring, ML-based OCR for cash application and customizable workflows, FinFloh is designed to accelerate receivable collection and reduce payment delays. It can connect to ERP/accounting systems and CRM tools for smooth data exchange and better collections efficiency.