Automated accounts receivable (AR) uses technology to streamline and optimise the credit-to-cash process. This includes automating key tasks such as credit management, invoice delivery, collections workflows, dispute resolution, customer payments, cash application, and financial analytics.

AR automation software is a digital solution that simplifies and accelerates the accounts receivable process. It includes features like automated invoice generation and delivery, payment reminders, collections management, and real-time analytics. This software helps businesses collect payments faster, reduce manual workloads, and gain better visibility into their receivables, ultimately improving financial efficiency.

The cost of AR automation software varies based on factors such as business size, process complexity, and required features.

However, implementing AR automation often results in faster collections and lower operational costs, making it a worthwhile investment. Even reducing Days Sales Outstanding (DSO) by just a few days can significantly improve cash flow and generate substantial annual savings.

Automating invoicing and AR processes offers multiple advantages:

• Improved cash flow: Speeds up collections, reduces DSO, and enhances liquidity.
• Increased efficiency: Reduces manual data entry and administrative tasks, allowing staff to focus on higher-value activities.
• Enhanced accuracy: Minimises errors associated with manual processing, resulting in more accurate invoicing and payment tracking.
• Better customer relationships: Ensures timely and precise billing, strengthening client relationships.
• Data-driven insights – Provides real-time financial analytics to support better decision-making.

These benefits collectively contribute to a more streamlined and effective accounts receivable process.

AR automation is essential for businesses looking to overcome common challenges like delayed payments, human errors, and limited visibility into financial performance. Automating AR processes helps companies collect payments on time, lower the risk of bad debt, and steady cash flow. Additionally, automation provides valuable reporting and analytics, enabling businesses to identify trends, optimise financial strategies, and drive growth.

Implementing AR automation is a strategic decision that leads to stronger financial stability and long-term success.

AR and AP software manage opposite ends of financial transactions. AR focuses on incoming customer payments, while AP handles outgoing payments to suppliers. When integrated, these systems provide a unified view of cash flow, enhancing financial visibility and decision-making. Choosing a single vendor for both solutions offers benefits such as streamlined implementation, better integration, and improved support. This integration leads to enhanced efficiency, reduced manual work, and more accurate financial reporting.

Implementing integrated AR and AP solutions can significantly improve financial operations. They provide a comprehensive view of your company’s financial health and facilitate better cash flow management. 

Not all AR software solutions offer e-invoicing capabilities. E-invoicing involves creating, sending, receiving, processing, and recording invoices electronically using a software application. Implementing e-invoicing at the start of the AR process ensures invoices are delivered to the right people in the correct format at the appropriate time, reducing the effort required for collections. 

Even if e-invoicing isn’t legally mandated in your country, adopting it can lead to significant time and efficiency savings. Quadient AR integrates seamlessly with Impress Invoice, enabling e-invoicing and supporting various communication formats, including email, postal mail, and SMS.

Quadient AR integrates into industry leading ERP and billing solutions, including Oracle’s NetSuite and Cloud platforms, Sage Intacct, SAP Business One, Acumatica, QuickBooks Online (QBO), Zuora, Recurly, Enmark Systems, Plex, and Salesforce. And we’re always adding more. Visit our integrations page to learn more. 

Don’t see your system in the list above? We’ve still got you covered! No matter your ERP or financial system, our team is adept at customizing full integrations.

Quadient AR pulls AR information from your accounting, ERP, billing, and CRM applications, and consolidates it all in one place. Within Quadient AR, you can log calls, make notes and track activity in detail. That means you can

• Easily review account correspondence
• Review disputes in one location
• Send one off emails to clients
• Review internal and external client details
• Escalate problem accounts internally with ease

With Quadient AR, everyone is on the same page – you and your team can communicate easily. And automated notifications allow you to keep everyone on track, turning your AR team into your Customer Success team.

Yes, we support multi-currency.

We serve companies in more than 20 countries worldwide, spanning five continents. We have multi-language and multi-currency capabilities, and we’re adding more all the time.