Transform your accounts receivable processes with intelligent AR automation that delivers value across your business.
Accounts receivable, order to cash, credit management. Whatever the process or department is called in your business, collecting cash, providing credit, understanding cash flow, and optimizing working capital are critical to the success of every organization. BlackLine’s unified AR solutions elevate organizational performance and create capacity by removing manual, error-prone processes and providing critical decision intelligence.Raise the Bar on Accounts
Receivable Automation
Release cash from customers using intelligent accounts receivable automation and
optimize working capital by driving world-class order-to-cash processes.
optimize working capital by driving world-class order-to-cash processes.
- Automate the cash application process and reduce unapplied cash by up to 99%
- Reduce manual effort by up to 85%
- Process 80% of payments without remittances
- Use intelligent OCR (optical character recognition) to eliminate manual work and reduce process errors
- Reduce or eliminate lockbox fees
- Use data from numerous sources—from CRA to credit insurer to payment performance data—in real time
- Utilize risk policies and strategies that monitor change in attributes and automate credit limit reviews
- Enable rapid time to value with pre-defined risk policies along with the flexibility to create new policies when required
- Increase capacity by 25% as AR automation gives time back to your team to focus on actions that drive results
- Reduce DSO significantly by increasing overall productivity and prioritizing the actions that have the highest impact
- Define customer segmentation based on any data element, including available risk data
- Measure collection strategy success and see what is working best for different groups of customers
- Optimize performance by prioritizing tasks and bringing focus and clarity to what matters the most
- Monitor and analyze user performance, ensuring key actions are taken in a timely manner
- Easily and quickly reassign tasks based on workload or absence without changing account ownership
- Log, monitor, and analyze invoice disputes with automated workflows to prompt speedy resolution
- Feed dispute information into your CRM platform to maintain existing dispute management workflows and minimize disruption
- Deductions can be processed at the point payments are applied and journals can be automatically posted back to the GL
- Understand the predictability of customer payments when building cash flow forecasts
- Measure the impact of extended payment terms to cash collections and cash flow
- Gain insight into customer behavior, enabling business partnering with sales/commercial teams, and the treasury department
Real Results. Real ROI.
See how organizations like yours are transforming their processes, teams,
and results with BlackLine’s solutions for accounts receivable automation.
and results with BlackLine’s solutions for accounts receivable automation.
“BlackLine Cash Application is a brilliant product. I’d question anyone not wanting it. You can
absolutely reduce your costs by at least 75%. The cost vs. benefit is a no-brainer. The solution
has so much functionality and flexibility to set up processes exactly the way you want.”
absolutely reduce your costs by at least 75%. The cost vs. benefit is a no-brainer. The solution
has so much functionality and flexibility to set up processes exactly the way you want.”
- Head of Credit, Atkins Group
Brambles Raises their auto-match rate from 38% to as much as 92%
99% of Payments applied against invoices the day they are received
Wesco auomates their cash application to achieve a 91% auto-match rate
Measurable Results Deliver
Operational Excellence
BlackLine’s solutions for accounts receivable automation help companies optimize their
order-to-cash processes and elevate operational performance. By applying intelligent
automation and the latest in reporting and analytics technology, organizations are able
to remove manual processes and surface critical intelligence, so their teams can focus
on driving more value for the business.
order-to-cash processes and elevate operational performance. By applying intelligent
automation and the latest in reporting and analytics technology, organizations are able
to remove manual processes and surface critical intelligence, so their teams can focus
on driving more value for the business.
Business Performance
- Collect more cash and reduce days sales outstanding (DSO)
- Increase working capital and availability of cash
- Reduce aged debt and debtor balance sheet provisions
- Gain visibility into cashflow
People Performance
- Improve process efficiency and reduce costs
- Elevate control and auditable processes
- Gain visibility and measure all parts of the process
- Achieve global process standardization
Process Performance
- Improved productivity
- Provide more clarity on actions that will impact results
- Manage team and individual workflows
- Increase employee morale by enabling a greater focus on value-added work
Stakeholder Management
- Cultivate positive customer engagement
- Improve reporting to all stakeholders and enhance decision intelligence
- Reduce the risk of error and rework that have company-wide impacts
- Enable business partnering between accounts receivable and credit professionals and the wider organization
Contact us
Phone: (613) 695-9300
Email: info@financecontrols.com
Address: 56 Sparks Street, Suite 502, Ottawa, ON K1P 5A9
