Traditionally the management of Accounts Receivable processes has been manual, often spreadsheet driven across credit teams and lacking real-time visibility into debtor positions. Rimilia automates the accounts receivable function with intelligent cash application solutions, optimizing collections and uncovering insights to improve decision making. Explore the challenges Rimilia solves.
Rimilia’s remittance allocation software integrates with your existing ERP to automate the collection of remittance information and the application of cash against customer accounts, down to the billed line item level.
Financial Shared Services should improve efficiency for all business units, but automation is key to achieving that goal. Rimilia combines automation and artificial intelligence to implement continuous improvement within your shared services group.
Your company’s health depends on its ability to collect customer payments efficiently. Have you implemented automation and machine learning across shared services to improve collection insights and reduce days sales outstanding?