Accounts receivable automation is the key to reducing time spent on time-consuming and repetitive tasks in A/R management. Comprehensive A/R solutions can do the following:
- Reduce Days Sales Outstanding (DSO)
- Integrate seamlessly with traditional A/R platforms
- Create purchasing teams
- Track invoices from a buyer portal
- Enable autopay (and therefore automated remittance and reconciliation)
Eliminating manual tasks creates efficiencies and reduces the workload for your A/R team. Time previously spent creating invoices, monitoring accounts, or generating A/R reports can now be allocated to strategic tasks.
A holistic A/R management strategy not only includes the ability to extend B2B credit to buyers, but also automates invoicing and receivables. Automating accounts receivable through Apruve reduces the time spent on repetitive A/R tasks and the likelihood of error while improving the customer experience.