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10 Accounts Receivable Automation Tactics That Can Transform Your Business
Buying A/R automation software is only part of the job. This Paystand checklist breaks effective accounts receivable automation into 10 tactics organized across three levels. Level 1 builds the foundation by digitizing A/R records, sending invoices electronically and offering online payment options such as ACH and eCheck. Level 2 creates the framework with automated invoice reminders, customer self-service portals, workflows your team can edit on the fly and integrations with CRM, ERP, AP and PEO tools. Level 3 adds finishing touches, including payment plans, payment tokenization for greater security and ways to reduce clicks for customers and staff. Use it to see what goes on behind the scenes when automation replaces manual work, and to check which steps your A/R process still needs.
- 10 actionable tactics
- Three maturity levels
- Beyond software selection
What you'll get
A practical, three-level checklist that walks finance teams through the 10 tactics behind effective accounts receivable automation, from digitizing records to reducing clicks.
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Foundation Essentials
How to digitize A/R records, email invoices and offer low-fee online payment options like ACH.
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Automated Follow-Up
Why nearly every invoice needs an extra touch and how automated reminders tied to payment terms help.
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Self-Service and Integrations
Ways to give customers a self-service portal and connect A/R with CRM, ERP, AP and PEO tools.
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Security and Efficiency
How payment plans, tokenization and fewer clicks, like a Pay Now button, round out automation.
Guide preview
Checklist for A/R automation success