Managed Accounts Receivable Solutions
Boost cash flow, reduce risk, and streamline AR with expert-backed technology.
Executive Summary
Corcentric's Managed Accounts Receivable (AR) Solutions offer a comprehensive approach to optimizing cash flow by combining advanced technology with dedicated expert support. This service streamlines the entire AR process, from initial invoice creation and delivery through to dispute resolution and collections, aiming to significantly boost operational efficiency, mitigate financial risks, and accelerate cash conversion for businesses. The solution leverages automation and seamless integration capabilities, particularly with existing ERP systems, to simplify the management of customer accounts, orders, and payments. By automating routine tasks and providing real-time visibility into AR performance, Corcentric empowers organizations to reduce manual effort, minimize billing disputes, and improve overall collection rates. Designed for mid-market and enterprise companies, Corcentric's Managed AR allows businesses to offload the complexities of AR operations to a team of specialists. This strategic partnership enables clients to focus on core business activities while benefiting from enhanced financial control, strategic insights, and a more robust order-to-cash cycle.
Use Cases
- Reducing billing disputes and improving collection rates
- Automating invoice creation, delivery, and payment processing
- Gaining real-time visibility into AR performance and cash flow
- Streamlining the entire order-to-cash cycle through integration
- Offloading AR operational complexities to expert teams
Features
Visibility
- Real-time AR Visibility: Gain immediate insights into AR aging, payment statuses, and collection activities through a centralized platform.
- Customer Payment Tracking: Monitor customer payment activity and maintain financial records for improved reconciliation.
Intelligence
- Performance Analytics: Analyze AR trends, identify bottlenecks, and measure collection effectiveness to optimize cash flow.
Support
- Dedicated AR Experts: Access a team of AR specialists to manage processes from invoice creation to collections.
- Dispute Resolution Assistance: Receive expert support in managing and resolving billing disputes efficiently.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Integrations
- ERP Systems
- e-Attestations
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Corcentric
Corcentric is a global provider of procurement and finance solutions, offering automation of accounts payable and receivable, management of procurement processes, and strategic advisory services to optimize financial operations.
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