
A/R Automation
A/R Automation, or Accounts Receivable Automation, refers to using technology to efficiently manage and process customer payments. It streamlines tasks like invoicing, tracking unpaid bills, and sending reminders, reducing manual effort and minimizing errors. By automating these processes, businesses can accelerate cash collection, improve cash flow, and free up staff to focus on more strategic activities. Essentially, it makes the management of incoming payments faster, more accurate, and more reliable through software solutions.