Billtrust's automated collections software is a cutting-edge SaaS solution that leverages artificial intelligence to revolutionize accounts receivable management. It streamlines the collection process, maintains strong customer relationships, and significantly reduces Days Sales Outstanding (DSO). The software automates tasks, predicts payment behavior, and provides actionable insights, allowing businesses to optimize their AR operations and improve cash flow.

Key Features

AI-Powered Automation Utilizes artificial intelligence to automate and optimize collection processes

• Customizable workflows for seamless overdue receivables collection
• AI analysis to predict customer payment patterns

Intelligent Prioritization Efficiently manages collector workload and focuses efforts on high-priority accounts

• AI-driven recommendations for collection strategies
• Automated task assignment based on account status and priority

Customer-Centric Approach Maintains positive customer relationships while improving collection efficiency

• Personalized outreach based on customer preferences and history
• Timely and relevant communication to enhance customer experience

Predictive Analytics Leverages historical data to forecast payment behavior and cash flow

• Accurate cash forecasting for informed financial decision-making
• Identification of at-risk accounts for proactive intervention

Benefits

Improved Cash Flow Accelerates payment collection and reduces DSO

• Faster invoice-to-cash conversion
• Optimized working capital management

Enhanced Efficiency Streamlines AR processes and reduces manual workload

• Automated reminders and follow-ups
• Prioritized collection efforts for maximum impact

Better Decision Making Provides data-driven insights for strategic AR management

• Real-time visibility into collection performance
• Actionable recommendations for process improvement

Strengthened Customer Relationships Balances effective collections with positive customer experiences

• Consistent and professional communication
• Flexible payment options to accommodate customer needs