Many businesses today are still processing receivables through a time-consuming, manual and siloed workflow. An Integrated Receivables (IR) system could be the key to solving these problems. An IR system is an AI-powered, modular Accounts Receivable (AR) solution that may help businesses:
- Replace multiple disparate platforms with one system that prioritizes automation
- Automate cash application and collections processes
- Enable customers to pay quickly with integrated portals
- Reduce the amount of time spent managing AR
- Decrease days sales outstanding and increase cash flow
- Provide ways for their teams to better collaborate
The following four-part series dives into IR components and their benefits. Check out the articles to determine if an IR system could help your business.
How Integrated Receivables Increases Cash Flow for Businesses
Cash Application Replaces Manual Processes with Automation
How Integrated Receivables Reduces Past-Due Payments and Disputes
How Customer Portals Within Integrated Receivables Help Expedite Payments
