Automated Accounts Receivable Solution
Save valuable resource time and effort spent on billing and invoicing clients or suppliers with automation
Our Partners
Benefits of automating Accounts Receivable
Save Time
Reduce the time spent on manually scanning various data sources for billing and invoice information by allowing a bot to do it for you.
Reduce Costs
As the Accounts Receivables process takes so much time to accurately deliver, the overall automated cost of this process is drastically lower than the cost of one or many full time employees completing the same work
Reduce Errors
Human error within a process like Accounts Receivable is inevitable. Reduce costly and frustrating errors by utilising automation with a 95% accuracy rate.
How does our Accounts Receivable solution work?
1. Data Extraction
Our bots will extract the billing or invoice information from a variety of sources such as HR or CRM systems, timesheets or spreadsheets
3. Approval
At this stage, a member of your team can review the information that has been extracted and entered by the bot in order to approve the invoices being sent to the desired recipient.
2. Data Entry
Our bots will then enter this data into the correct fields within your invoicing system with the correct information and amounts included
4. Invoice Issued
Our bots can then release and send the invoice to the customer or supplier in order to prompt payment
How to get started
Our team are on hand every step of the way to guide you through the process.
Discovery Workshop
We will host a session with your team to gain a deep understanding of your systems and current process.
Business Case & Commercials
We'll build a clear ROI focussed business case outlining the time and money you will save with our Accounts Receivable solution
Optional Pilot Period
We'll happily build a pilot for you and your team to see how well the solution processes a specified number of documents.
Managed Service
Our team will design, build and manage your automation and you will be assigned a dedicated Customer Success Manager who will be your main point of contact
Our Blog
New to automation? Check out our blog for helpful resources and guides to getting started
5 Day-to-Day Finance Tasks That Should Be Automated
Finance and accounting teams are at the heart of all organisations. Managing revenue, third-party procurement, billing, supplier invoices, all while overseeing financial strategy and planning, mitigating risks and costs, and capitalising on new opportunities. Finance teams need to maintain high-performance levels, with minimal errors whilst pushing a business forward, which is why automation is becoming a popular choice among finance leaders looking to stay ahead of their competition.
Top Five Benefits of Implementing Automation within a Finance Function
Automation is an essential step in the evolution of the modern finance function. This has become even clearer during the COVID-19 crisis, which exposed shortcomings in finance processes and systems. As businesses seek to rebound from the global pandemic, automation will change the way organisations operate forever.
How can automation help CFOs achieve their strategic goals?
Often regarded as a catalyst for change within an organisation, CFOs spearhead conversations about new innovations to drive overall business improvements both within and outside the finance function. With the ever-expanding list of responsibilities assigned to the CFO and a range of business-critical goals to achieve, what role can automation play in helping finance leaders deliver more value to an organisation?
