The Solution: Automate Receivables Management
Rimilia’s SaaS platform overlays manual AR processes with automation and machine learning leveraging your existing data and ERP. Our AR solution streamlines your payment application & cash process through global AR automation while leaving enterprise accounting systems intact.
It’s time to adopt accounts receivable best practices through AR automation software that leverages machine learning.
Imagine this: you’ve collected 100,000 payments that need processing. Without touching anything, 90,000 of these are accounted for and applied accurately (across global business units) before your AR teams’ mid-morning coffee break! Though this is an extreme example, with Rimilia, it’s easily achievable.
Your team can leverage the time they save from automated accounts receivable to improve collection efforts, extend additional customer credit, and focus on growth.
ERP System Integration & Automation Solution
Rimilia’s artificial intelligence & machine learning platform integrates with all major ERP systems, allowing you to implement AR software automation without changes to your underlying business management software.
Common ERP systems that Rimilia works with through a simple onboarding process include:
- Dynamics 365
After a streamlined integration and onboarding process, most clients experience strong ROI from their investment within a matter of months.
Cash Application & Payment Processing
Rimilia’s accounts receivable software allows your payment processing and collections management to work together in real time to streamline cash application. Our customers are typically handling high volumes of payments through these payment methods:
- Credit Card Payments
- Cash Payment
These payments methods may often times be self-service, via a customer portal; however, many times they arrive via lockbox systems and paper checks. Rimilia allows you to get “paid faster” by automating how these payments are applied to the correct account in your receivables management system.