Infovity Receivables Assistant
Infovity’s Receivables Assistant streamlines Accounts Receivable with AI-driven invoice and receipt automation, real-time aging insights, and faster cash collection to reduce DSO.
The Infovity Receivables Assistant transforms Accounts Receivable by providing real-time visibility into transactions and cash receipts. It automates invoice and receipt creation, provides instant aging analytics, and simplifies accounting inquiries, empowering finance teams to reduce Days Sales Outstanding (DSO) through streamlined, AI-driven navigation and execution.
Managing receivables often involves time-consuming manual searches across accounting pages and screens to find transaction statuses or aging data. The Receivables Assistant serves as an intelligent digital tool that provides these insights instantly. It streamlines complex tasks such as creating transactions, generating and applying receipts, duplicating receipts, viewing customer aging, and reviewing accounting, all through simple, real-time AI interactions.
Key Capabilities
- Real-Time Aging & Status Tracking: Provides instant retrieval of AR transaction counts, statuses, and aging data without navigating multiple screens.
- Instant Accounting Visibility: Displays accounting immediately, eliminating the need to manually drill down through individual accounting pages.
- Streamlined Transaction Creation: Enables rapid creation of AR invoices and receipts by capturing required attributes via the AI interface.
- Advanced Receipt Management: Enables instant duplication of existing receipts, a capability previously unavailable.
- Direct Inquiry & Deep Linking: Summarizes invoice and receipt data while providing direct links to the relevant records for immediate action.
- Receipt Application: Instant application of receipts to invoices. Also answers queries about which receipt was applied to which invoice, and vice versa.
