Automation in accounts receivable refers to the implementation of technology-driven processes to streamline and enhance the collection of payments from customers. It involves utilizing software solutions to automate tasks such as invoice generation, payment reminders, and reconciliation, reducing manual efforts and errors. By leveraging automation, businesses can accelerate cash inflows, improve cash flow visibility, and enhance overall efficiency in managing receivables.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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