Process automation
Remove friction and pain in your entire Collections process with a fully automated communication suite.
Flexible integration
Embed digital payment capabilities directly within your communications and invoices.
Real savings
Impact your bottom line immediately by enabling quicker time-to-cash and focus your team on strategic initiatives.
Build a smarter AR organization with the power of automation
Improve customer experience, shorten time-to-cash, and create more predictable
cashflow
Receivables Automation enables near effortless invoice collections with highly customizable workflows to empower your team, Revenue Operations, and enterprise cash cycle. With Receivables Automation you can track all your Invoices, Receivable Notes, or other types of Receivables in one intuitive, powerful dashboard.
All of your receivable in one place
Quickly see your collected and pending receivables using standard or custom time periods and group your receivables into categories based on status and type. Get the clearest picture of all your receivables, all in one place at your fingertips.
Real-time fund verification
Connect instantly with over 98% of all banks to authenticate identity, verify good funds, and track payment settlement. With our real-time fund verification, you can immediately determine if you have sufficient funds to pay. This eliminates chargebacks, processing fees, and costly, time-intensive follow up.
Create and edit receivables
Our Receivables Automation functionality goes far beyond simple email communication. Create and edit all receivables and easily capture critical data within the Receivable itself.
Your team can track and securely store information about the Receivable, all tied directly into its associated Collection Plan (standard or custom). Pause or enable associated workflows from with the Receivable itself and see any associated payment events or communications.
Enable actionable email reminders
Combining the power of the Paystand digital payment network and our Receivables Collection Engine, your customers are able to make payments directly from the invoices, emails, and reminders they receive.
Receivables Automation up-levels your entire Collections process so that your workflows not only help remind customers to pay, they also provide easy ways for them to pay immediately.
Embed payment links within your communication and realize the potential of truly automated Collections.
Create and edit receivables
Our Receivables Automation functionality goes far beyond simple email communication. Create and edit all receivables and easily capture critical data within the Receivable itself.
Your team can track and securely store information about the Receivable, all tied directly into its associated Collection Plan (standard or custom). Pause or enable associated workflows from with the Receivable itself and see any
associated payment events or communications.
“We’re excited to now infuse the power of ReceivablesAutomation within our existing Paystand digital paymentplatform to improve our A/R processes, saving time andmoney.”
DANNY KOO
Director of Finance, OneSource Process
