Receivables Automation is the process of streamlining the invoice-to-cash cycle. It allows businesses to automate their accounts receivables process, eliminating manual data entry and paper-intensive processes. With the right technology in place, businesses can gain visibility into invoices, payments and cash flow, enabling them to track payment risk, improve customer service and make more informed business decisions. By automating the receivables process, organizations can also reduce operational costs and become more efficient. Put simply, Receivables Automation is essential for delivering improved financial performance in today’s fast-paced digital economy.