Best Accounts Receivable Software for Rillet

Monk streamlines the entire accounts receivable process, from invoicing to cash collection. Its intelligent collections feature actively follows up on each overdue invoice, utilizing context-sensitive communication that interprets responses, tailors its tone based on customer relationships, and resolves 90% of outstanding invoices autonomously. For cash application, it achieves an 80% match rate in pairing incoming payments with open invoices, which can increase to 95% through customizable suggested rules managed by your team. Monk also automates the submission of invoices to over 600 corporate accounts payable portals, highlighting only the exceptions that require your attention. With real-time analytics on aging, days sales outstanding (DSO), collection performance, and billed versus collected amounts, all data is exportable. Teams experience more than a 40% decrease in DSO, save approximately 26 hours each month, and can be operational in just days instead of months. Additionally, it integrates seamlessly with platforms like QuickBooks, NetSuite, Stripe, Salesforce, HubSpot, and many others.

Track expenses, pay bills and generate invoices. Collect payments, plan trips and manage company credit cards. All your preccounting in one app Expense Management – Snap a photo from a receipt with SmartScan to make expense reporting, approval, next day reimbursement, and syncing your accounting software. Expensify Card – Get the best business card for faster expense reporting, making corporate card reconciliation and expenses a breeze. Bill Pay - Send your vendor invoices to Expensify for automatic tracking and approval. Invoices – Create and send invoices while collecting payments and syncing to your accounting package. Travel - Book flights and hotels by speaking with Concierge, your personal travel planner. Personal Payments – Split bills, request payments and chat with friends. Expensify.cash is a great place to start!

Lunos is the AI partner that manages receivables just like you would. Well, how you would if you worked on it 24/7, never forgot anything and read every message ever sent to you - you get the idea. It sits on top of the systems you already run and works alongside you like a teammate. It gathers the full context, reviews every account on its own and works with you, your team and your customers like a co-worker. Lunos agents cover collections, dispute management, reconciliation & cash application, and submitting invoices into your customers' AP portals. You choose the right autonomy mode per customer: Monitor, Suggest or Act. Lunos improves cash flow, typically a 10-60% reduction in receivables within a month of full usage, and regularly saves 10s to 100s of hours a month with no need to keep scaling the team as you grow. It gives the long tail of smaller customers the personal service you could otherwise only offer the very largest, with human-quality outreach at scale. Better financial results. Much less effort.