Billtrust Unified AR Platform

The Billtrust Unified AR Platform provides businesses with an advanced solution to manage their accounts receivable processes. Leveraging artificial intelligence, this platform enhances the efficiency of cash application, collections, invoicing, payments, and credit management. Designed to cater to various industries, including business services, manufacturing, and retail, the platform aims to improve cash flow, reduce manual efforts, and enhance customer satisfaction.

Key Functionalities:

• Cash Application: Automates the application of incoming payments to outstanding invoices, reducing manual errors and time spent on reconciliation.
• Collections Management: Streamlines the collections process with automated reminders and personalized communication strategies, helping businesses recover outstanding debts efficiently.
• Credit Automation: Simplifies credit management through automated risk assessments and monitoring, ensuring businesses make informed decisions regarding credit extensions.
• Invoicing & Payments: Provides customizable invoicing solutions and enables multiple payment methods, enhancing customer convenience.
• Electronic Invoice Presentment and Payment (EIPP): Offers a seamless electronic invoicing solution that allows customers to view and pay invoices online, speeding up the payment process.

Benefits:

• Enhanced Cash Flow: By automating the accounts receivable process, businesses can accelerate cash flow and reduce days sales outstanding (DSO).
• Improved Customer Experience: The platform emphasizes user-friendly features that facilitate better communication and payment experiences for customers.
• Data-Driven Insights: Businesses can leverage analytics and reporting tools to gain insights into their accounts receivable performance, identifying opportunities for improvement.

By utilizing Billtrust's unified AR platform, companies can transform their financial processes and adapt to the demands of modern business operations.