Infinit-Automate: Streamlining Payments Follow-up With AI-Driven Automation for an Expanding Company

Challenge

An expanding company confronted significant inefficiencies in its payment follow-up process due to the manual collection of data. The Account Receivable Associate found themselves consumed with manually collating invoice data to check clients’ payment dues. This laborious process resulted in potential delays in invoice release, overlooked follow-ups with clients, and inhibited the company’s cash flow due to tardy payments.

Solution

Infinit-Automate’s AI and RPA-driven digital worker comprehensively transformed the payment follow-up process, boosting productivity and precision. 

The RPA-based digital worker automated the following tasks:

• Scheduled when the task would be performed
• Identified overdue invoices
• Collected and published invoice details within email bodies
• Dispatched follow-up emails to clients
• Shared the report via email or Google chat

Benefits

With Infinit-Automate, the payments follow-up process was drastically improved, saving valuable time, ensuring all due invoices received timely follow-ups, and boosting the receivables turnover rate. The most impactful benefits were:

By implementing AI-driven automation for payments follow-up, organizations can streamline their payment processes, improve efficiency, reduce errors, and enhance customer satisfaction. Infinit-O has business process automation solutions that empower finance and accounting teams thus contributes to the financial health and success of the organization.

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