Invoice-to-cash Automation Software

Reduce DSO, DDO & Past Dues Effortlessly

  • Minimize costly invoicing mistakes and disputes by leveraging advanced AI technology.
  • Automate collections and remittance matching to shorten your cash conversion cycle.
  • Enhance visibility and control over all the aspects of your invoice-to-cash cycle.

Trusted by 1000+ Global Businesses HighRadius

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Core Features of Invoice-to-cash Automation Software

Our AI-based invoice-to-cash software streamlines critical tasks like credit decisions, invoicing, collections, cash application, and deductions management, reducing manual effort while delivering faster, more accurate, and more efficient results.

Simplify and streamline AR management

  • Enhance AR efficiency by automating each step of the O2C cycle.
  • Boost cash flow and minimize risk with efficient credit risk management.
  • Create and send invoices to your customers ontime, ensuring timely payments.
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Turn collection efforts into on-time payments

  • Implement automated reminders for timely payment follow-ups.
  • Utilize advanced dunning to encourage prompt payments.
  • Track invoice payment statuses to reduce outstanding balances.
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Maximize efficiency while minimizing manual errors

  • Reduce processing time & discrepancies in processes with AI-based automation.
  • Automate invoice delivery, remittance matching, collection correspondence, etc.
  • Empower teams to prioritize strategic initiatives over administrative tasks.
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Track KPIs to drive operational excellence

  • Monitor key metrics like DSO, bad debt ratio, CEI, past-due AR, and much more.
  • Enhance collections outreach for quicker debt recoveries.
  • Improve net recovery rates by resolving more deductions per day.
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Convert data into insights for success

  • Leverage analytics to drive significant business outcomes.
  • Mitigate risk and bad debt with real-time credit visibility.
  • Access ready-to-use reports to quickly spot issues and take action.
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Collaborate better with customers

  • Improve customer experience with self-serve buyer portals.
  • Resolve disputes promptly to maintain positive business relationships.
  • Foster customer communication with personalized interactions.
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Benefits of Invoice-to-cash Automation Software

Implementing invoice-to-cash automation software delivers transformative results for your business. Here’s how this technology streamlines operations and drives efficiency:

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Reduced Overdue

Overdue payments can disrupt cash flow and add unnecessary stress. With Invoice-to-cash software, automated reminders and follow-ups ensure clients are promptly notified of outstanding balances. This reduces late payments, speeds up collections, and improves cash flow, letting you focus on growing your business.

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Optimized Cash Flow

Automatic invoicing, payment matching, and offering multiple payment options to customers enable you to get paid faster, ensuring consistent cash flow for your company. This streamlined process means you can handle business expenses without stress, take on new projects, and continue growing.

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Enhanced Efficiency

The invoice-to-cash solution significantly reduces the workload by automating repetitive tasks such as invoicing, payment tracking, and follow-ups. By cutting down manual efforts, your business can handle more transactions with less effort, leading to increased productivity and faster decision-making.

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Make Data-driven Decisions

With invoice-to-cash automation, businesses can get insights into the performance of their entire accounts receivable process. This data-driven approach helps identify trends, monitor payment behaviors, and pinpoint areas for improvement.

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With HighRadius Invoice-to-cash Automation Solution, You Can Achieve

20% Reduction in Past Due
30% Improvement in Net recovery
30% Increase in productivity

What Customers Are Saying About Our Invoice-to-cash Software

Brightstar Logo
20% Bad Debt reduction
By automating paper-based collections. Read more.
American Greetings Logo
1000+ Work Hours Recovered
Every month with advanced dunning. Read more.
Ebsco Logo
5.5 Days Reduction in DSO
With AI-based worklist prioritization. Read more.

Our Invoice-to-cash Solution seamlessly integrates with your finance stack, enabling frictionless operations and faster cash flow

HighRadius builds solid partnerships and offers robust integration capabilities by integrating with 110+ banks, 40 credit agencies, 50+ ERPs, and 15+ billing systems globally.

Finance Stack

What Is Invoice-to-cash Automation?

Invoice-to-cash automation streamlines the entire process from invoice creation to payment receipt. By leveraging advanced software, it automates tasks like invoice generation, delivery, payment reminders, and cash application, reducing manual effort, minimizing errors, and speeding up cash flow.

With automation, businesses replace traditional, time-consuming methods with technology-driven solutions that integrate with their existing ERP systems. By automating repetitive tasks, companies gain better visibility into receivables, improve operational efficiency, and enhance customer satisfaction through faster, more accurate billing processes.

Automated credit scoring

Why Should Businesses Automate Their Invoice-to-cash Process?

Automating the invoice-to-cash process accelerates cash flow, reduces errors, and improves efficiency by eliminating manual tasks like invoice creation and payment tracking. It enhances customer satisfaction with timely reminders and faster resolutions, while providing real-time insights into receivables, helping businesses make smarter financial decisions.

Precision at Scale

Automating your invoice-to-cash process means never second-guessing data. With every transaction streamlined, accuracy becomes the standard, not the exception.

Seamless Client Interaction

Forget the delays—automated reminders keep your clients engaged, making payment resolutions faster and reinforcing your brand’s commitment to reliability.

Visibility That Drives Action

With automated tracking, every outstanding invoice is at your fingertips, empowering you to take swift action and avoid payment bottlenecks before they impact your bottom line.

Strategic Financial Clarity

Real-time insights transform raw data into powerful strategies, helping you fine-tune your collections approach and make informed decisions that directly impact growth.

How Does Invoice-to-cash Automation Work?

Invoice-to-cash automation works by streamlining the entire payment cycle. It generates invoices from ERP data, sends them digitally, and tracks payments automatically. AI-powered invoice-to-cash tools match payments to invoices, resolve disputes efficiently, and provide real-time insights. This ensures faster invoice-to-cash process, reduced errors, and improved cash flow management.

Invoice Generation

The system creates invoices automatically based on sales or order data from the ERP.

Invoice Delivery

Invoices are sent digitally through email, portals, or other integrated channels.

Payment Tracking

The software monitors due dates, sends reminders, and tracks incoming payments.

Cash Application

Payments are automatically matched with invoices using AI and OCR technology.

Dispute Management

Discrepancies are flagged and routed for resolution, minimizing delays.

Analytics

Real-time dashboards provide insights into payment trends, outstanding invoices, and collection efficiency.

Why Is Highradius the Right Invoice-to-cash Solution Provider for Your Business?

From smarter invoicing to faster collections and real-time insights, HighRadius adapts to your unique needs, driving tangible results. Trusted by top global brands, our invoice-to-cash tools empower your business to not only optimize the entire process but also unlock greater financial agility and long-term growth.

How North American SMBs Could Save More than $1.3 Billion in Lockbox Fees

Next-Gen AI Automation

HighRadius leverages cutting-edge Artificial Intelligence and machine learning to redefine the invoice-to-cash process. By analyzing past payment behaviors and trends, it predicts the best course of action, automates follow-ups, and prioritizes collections with unmatched accuracy.

Cut Down Costs, Efforts and Time: 5 Ways to Automate Cash Application

Accelerated ROI in Under 6 Months

Our 5-step Speed to Value approach guarantees you’ll see a return on investment in under six months. We leverage out-of-the-box features and a streamlined implementation process to reduce delays and deliver maximum value in the shortest time possible.

Business Case Template For Cash Application Automation

End-to-End Connectivity

HighRadius seamlessly integrates with over 50 ERPs, 100+ banks, 15+ TPMs, and 40+ credit agencies, ensuring smooth data flow across your entire ecosystem. This extensive network allows you to manage your financial operations effortlessly, no matter where you do business.

Invoice-to-cash Automation Best Practices

Streamline workflows, minimize delays, and maximize cash flow by implementing smart, automated strategies tailored to optimize every step of your invoice-to-cash automation process.

Standardize YouInvoice-to-Cash Process Process

Set clear guidelines for every step of the automation journey—from invoice generation to payment reminders and follow-ups. A standardized process helps maintain consistency, reduce errors, and ensure a smooth, predictable cash collection cycle.

Integrate with Your Financial Systems

Ensure your invoice-to-cash automation solution is fully integrated with your existing ERP, accounting, and CRM systems. This seamless connection eliminates data silos, streamlines workflows, and ensures accurate, real-time data across your business.

Segment Your Customers

Not all customers have the same needs. Tailor your invoice-to-cash process automation to segment clients by their payment behavior. This allows for customized communication and more effective follow-ups, ensuring that you engage each customer in the most efficient way possible.

Automate Communication

Set up automated reminders for invoices, due dates, and overdue notices. Personalize messages based on customer profiles, and use clear, professional language that strengthens relationships while pushing for timely payments.

Regularly Review and Optimize

Invoice-to-cash automation is not a “set it and forget it” solution. Continuously monitor its performance, identify bottlenecks, and adjust processes as needed. This ongoing optimization ensures that your invoice-to-cash software evolves with your business and continues to drive results.

Ready to take control of your invoice-to-cash process?

Streamline invoicing, collections, and deductions with HighRadius’s automation solution. Gain real-time insights into your financial health while minimizing manual errors and improving operational efficiency. Accelerate payment times and unlock your revenue potential with our AI-driven technology.

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From Chaos to Clarity: Streamline Your Credit Management Process with Ease

FAQs: AI-Based Invoice-to-cash Automation

What is an invoice-to-cash automation software?

Invoice-to-cash automation software streamlines the entire invoicing and payment cycle. It automates tasks like invoice generation, delivery, payment tracking, and cash application. This reduces manual effort, minimizes errors, and accelerates cash flow, ultimately saving time and improving cash flow management.

How can businesses implement an automated invoice-to-cash solution?

Businesses can implement an automated invoice-to-cash solution by integrating it with their ERP system, setting up workflows for invoicing, reminders, and cash application. Training employees, migrating data, and using real-time analytics ensure smooth onboarding and process optimization.

How does automated invoice-to-cash software impact small businesses?

Automated invoice-to-cash software helps small businesses save time by reducing manual tasks, improving cash flow, and minimizing errors. Real-time tracking and insights offer better financial control, allowing businesses to focus on growth and building strong customer relationships.

How does automated invoice-to-cash software impact enterprise businesses?

Automated invoice-to-cash software boosts efficiency for enterprise businesses by streamlining high-volume invoice and payment processes. It reduces processing times, ensures compliance, and offers insights for better decision-making, improving cash flow, customer relationships, and financial stability.

Explore our full suite of Finance Automation capabilities