Accounts Receivable Automation Using Artificial Intelligence

Rethink Receivables Management

Supported by AI technology, Esker’s Accounts Receivable software solution removes the obstacles preventing timely cash collection while providing finance leaders with the visibility they need to monitor their organization’s cash flow and achieve positive-sum growth.

From credit management to collections and everything in between, Esker automates the areas of AR that matter most to your business.

Lower Credit Risks: Thanks to analytics that help you make the best credit decision possible.

Optimize AR Invoicing: By delivering timely invoices aligned with customer preferences & legalities.

Accelerate Payment: By offering a wide range of self-service online payment capabilities.

Allocate Cash Faster: By taking errors out of the process - from remittance to reconciliation.

Resolve Disputes Quickly: Through the use of intelligent AI-driven claims & deductions capabilities.

Simplify Collection: Reduce DSO by enhancing strategy with predictions & risk analysis.

Esker's Accounts Receivable Automation

A Global Solution Suite to Optimize the Invoice-to-Cash Process

Find out how | Download: Rethinking Receivables White Paper

Simplify Payment for Customers

Payment doesn’t have to be complicated. That’s why Esker offers the most popular payment methods including card payment (e.g., Visa®, Mastercard®, American Express®, etc.) and direct debit (e.g., ACH, SEPA, BACS, EFT, etc.) so your customers never have an excuse to not pay you.

Esker also integrates with local and global payment processors like Stripe to offer you and your customers the best possible experience. Learn More.

Keep Your Credit Risk Under Control

Trust alone is not enough - businesses must keep a watchful eye on their credit risk.

From customer onboarding to managing business relationships, Esker's comprehensive Credit Management solution streamlines the credit approval and risk monitoring process, helping businesses secure sales revenue. Learn More!

Deliver the Perfect Invoice

Esker defines a perfect invoice as one that’s compliant with the PO, customers’ format requirements, delivery method, and local regulations.

How do we ensure invoices won’t get rejected? By offering automated invoice delivery via any media or to portals and full compliance in 60+ countries around the world. Learn More.

Analyst Accolades

Esker’s Accounts Receivable solution suite has been recognized by multiple leading analyst firms.

Gartner: Esker Named a Challenger in the Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash Applications. Register and view the Gartner, Magic Quadrant for Integrated Invoice-to-Cash Applications Now!

IDC: Esker Named Leader In the IDC MarketScape for Accounts Receivable 2021

Quadrant Knowledge Solution: Esker Named Technology Leader in the SPARK Matrix™: Account Receivable Application.

Gartner Peer Insights: Esker Accounts Receivable Solution Suite Review - Integrated Invoice-to-Cash Applications

Upgrade Your Collections Process

Collecting cash has never been easier. Esker's Collections Management solution automates what can be automated according to your credit policy (e.g., delivery of reminders, dunning letters, and reports) and provides your collections team with the right tools to collaborate on invoice-related issues. AI technology prioritizes collection calls to help you efficiently manage your credit risk and reduce bad debt. Learn More!

Why Manage Your AR Processes with Esker?

• Instant visibility on all customer accounts, invoice statuses, actions & performance.
• Easier onboarding process & fewer IT resource requirements
• Faster invoice-related issues (Days Sales Outstanding) & optimized working capita
• Faster invoice-related issues resolution (e.g., dispute, deductions, etc.)
• Guaranteed compliance no matter your size, industry, or location
• Improved productivity, team morale & employee retention

Enhance Your Claims & Deductions Management

Put an end to the countless hours spent solving customer claims. Esker’s Claims & Deductions solution manages both customer claims associated with product issues and customer financial deductions. AI technology centralizes information and facilitates cross-department collaboration to help you work transparently and efficiently. Learn More!

Frequently Asked Question

We’ve compiled answers to some of the most commonly asked questions about Esker’s Accounts Receivable automation solution. Have a question you can’t find the answer to? Reach out by clicking the “Get in Touch” button below.

Do I have to automate my entire AR process?

Only if you want it to! The beauty of our Accounts Receivable automation solution is in its flexibility. Our à la carte solution model allows users to choose if they automate one, some, or all of the areas within their credit-to-cash process - from credit management and invoice delivery to collections, payment, and even the cash application process.

What advantages will I see with an Accounts Receivable software solution?

Businesses using AR automation solutions should expect to see a more productive staff (thanks to fewer manual, admin-heavy tasks), optimized working capital (due to reduced costs, faster payments, and secured revenue), enhanced visibility (via dashboards that provide detail metrics into AR performances, customer credit and more) and, last but not least, an improved customer experience that can ultimately lead to more business opportunities.

Does AR software integrate with all ERPs?

Yes! To date, Esker has over 70 unique ERP or home-grown solutions. Esker’s AR solution integrates with any ERP system or business application. Once the customer invoice is validated in the ERP, it’s quickly and securely transmitted to Esker to be processed. Customer information, payment status, and open AR files can also be synchronized.

Our company is global -  can an AR solution handle that?

Absolutely, it can. Automated Accounts Receivable software is designed for global organizations thanks to the support of multi-languages, multi-sites, multi-currencies, worldwide payment coverage, and global compliance. What’s more, the cloud-based nature of the solution enables different teams to collaborate more effectively while giving executives the visibility they need at every level of the organization.

To Learn More about Esker, Contact Us Today!

Related Resources

Rethinking Receivables
This 14-page white paper explores how AI-driven automation solutions optimize the AR processes within the invoice-to-cash cycle that impacts company cash flow, operating capital, and customer relationships. Download Now!

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Supply Chain Automation: Optimizing Cash Flow in the Age of Uncertainty
This eBook examines the current challenges faced by supply chain leaders and the increasingly important role that automation is playing as businesses push for cash flow optimization. Download Now!

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The AI Advantage
Businesses eager to create a competitive advantage are recognizing that the future is at the intersection of humans and machine intelligence, and that's where this guidebook helps. Download Now!

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More Resources from Esker

Read Related Article: Optimizing Cash Flow Automation in the Age of Uncertainty