Best Accounts Receivable Software for Workday Financial Management

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.

Auditoria is the agentic AI platform for the Office of the CFO to own and operate the cash cycle. AI agents run Accounts Payable (invoices, vendor inquiries, accruals, vendor risk) and Accounts Receivable (collections, customer inquiries, remittance matching) inside the ERP you already use, such as Workday and Oracle. Auditoria Cash Intelligence agents answer plain-language questions about cash and close and attach source lineage to every number. With Governed Autonomy, your team writes the policies, agents execute within them, and only true exceptions reach a person. Customers see results: Boddie-Noell Enterprises processes invoices 80% faster, Brown & Brown cut AP workload by 70%+, and Momentum Telecom cut manual dunning from about 75% of collector time to about 25%. Auditoria holds SOC 2 Type II and ISO 27001 certifications. Learn more at auditoria.ai.

Tesorio is more than collections management and accounts receivable automatization. It is the first and only global cash flow performance platform. Tesorio empowers finance teams and CFOs to increase profits by using artificial intelligence to better manage and predict cash.