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Forrester Report - Now Tech:
AR Invoice Automation Vendors, 2022

How does this ebook help me?
This Forrester report from Q4, 2021 analyzes the top A/R invoice automation components based on the market size and functionality factors to ensure finance leaders make nothing but the best technology choice to meet their business needs.

Key Takeaways

C-suite’s expectations from an A/R invoice automation solution
Top trends around the adoption of A/R invoice automation software
Key criteria to consider when selecting a vendor solution for your A/R function
Why HighRadius is a large global invoice to cash player across major geographies

Table of Contents

01.
Summary
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02.
AR Invoice Automation Software Improves Accounts Receivable Operations
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03.
Select Vendors Based On Size And Functionality
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04.
Align Individual Vendor Solutions To Your Organization's Needs
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05.
Focus On Vendors That Match Your Geography And Needs
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Chapter 01

Summary


Tech executives use accounts receivable (AR) invoice automation software to: a) generate and deliver electronic invoices in the customer’s preferred formats, b) track and manage the status of the invoice at the customer, and c) integrate with systems for managing credit and collections and payments. To realize these benefits, you first have to select from a diverse set of vendors that vary by size, functionality, geography, and vertical market focus. CFOs, CIOs, and other tech executives should use this report to understand the value they can expect from an AR invoice automation solution and how to select the right vendor using criteria based on size and functionality.

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HighRadius Autonomous Receivables Software Platform is the world’s only end-to-end accounts receivable software platform to lower DSO and bad-debt, automate cash posting, speed-up collections, and dispute resolution, and improve team productivity. It leverages RivanaTM Artificial Intelligence for Accounts Receivable to convert receivables faster and more effectively by using machine learning for accurate decision making across both credit and receivable processes and also enables suppliers to digitally connect with buyers via the radiusOneTM network, closing the loop from the supplier accounts receivable process to the buyer accounts payable process. Autonomous Receivables have been divided into 6 distinct applications: Credit Software, EIPP Software, Cash Application Software, Deductions Software, Collections Software, and ERP Payment Gateway – covering the entire gamut of credit-to-cash.