Accounts Receivable Automation
Improves collections effectiveness, reduces past due payments, improves cash flow, and enables AR teams to be more efficient and productive.
- Predict payment delays
- Instantly view the impact of payment delays on future cash flows
- Plan and prioritize collections using an integrated 13-week cash forecast
- Focus collections on invoices that have the largest impact on cash
- Always have an updated, accurate view of future cash flows
- Ensure proactive actions are taken to preserve adequate liquidity
- Schedule automated, individualized payment reminders
- Automate late payment dunning notices
- Simplify the customer payment experience
- Use a shared workspace to document customer interactions
- Shrink Days Sales Outstanding (DSO), improve working capital
- Reduce past due invoices
- Improve Collections Effectiveness Index
- Scale growth with fewer manual and error prone processes
- Present open invoices online with payment options, early payment discounts
- Securely accept online payments by ACH or credit card
- Automatically post cash against open receivables
- Get paid faster, avoid paper checks, mitigate fraud
- Offer and easily change early payment and dynamic discount terms
- Save time and effort in posting cash against open invoices
- Monitor receivables KPIs: Days Sales Outstanding, Collections Effectiveness Index
- Compare performance by period (e.g., prior quarter, same period prior year)
- Monitor your payment patterns by customers
- Use industry standard KPIs and reports to track and improve collections performance
- Easily share performance with board, management, and key stakeholders
- Optimize payment terms with critical customers
See Centime AR Automation in action, with realistic data to understand the value the solution can deliver — free, with no commitment. Try it to determine whether Centime AR Automation or any of our other cash management solutions — AP Automation, Cash Forecasting, Cash Reporting and KPIs or working capital credit — can work for you.
What customers love about Centime
“I sell to large international corporations which are not known for their responsiveness and timeliness for making payments to their consultants. What I especially appreciate is the help Centime gives in collections. The ability to set up customized campaigns by client is invaluable. No more spending time chasing clients on the status of invoices and worry about cash flow. Like the guy on TV used to say, ‘I can just set it and forget it!’ ”
Bob Solomon, CEO, Software Platform Consulting, Inc.
Integrates directly with
Centime is a powerful suite of cash management applications.
See how they work together to help you manage your cash more effectively.