Automate almost every task with Account Receivable Bots

By automating your accounts receivable process, you can ensure greater accuracy and eliminate wasting precious time during month-end closing. Intelgic’s AR Bot helps you eradicate about 90% of manual AR outcomes, which frees up to six hours of your AR manager’s time per day.

Among other tasks, the AR Bot creates invoices and follows up on collections, tracks and processes customer payments and makes journal entries.

Advantages of Accounts Receivable Automation Bot

Scale up your business without hiring new people. Increase productivity
Eliminate the waste of precious time during month-end-closing
Automatic, precise and accurate reconciliation
Spend time on analytical tasks like forecasting rather than bookkeeping
Eradicate about 90% of manual work in the accounts department
Free up to 6 hours of AR manager's time per day

Account receivable (AR) Bot

Automate almost every task in AR processes through RPA bots and save a lot of time and tons of money. AR bots also give 100% accuracy.

Create Invoice and follow up on collection

What a Bot can do-

Pulls client details from CRM or additional sources
Constructs custom invoices by determining the line items for each client in the ERP system Or create invoices through the software system that you use.
Sends invoices through email or the application that you use
Sends payment reminders through automated calls and texts for aging invoices
Responds to customer questions and demands

Track and process customer payment

What a Bot can do-

Can read images, PDFs, checks, ACH payments, wire receipts, and credit card dealings to use for payments from clients toward their open invoices.
Can extract checks from the bank lockbox and do the further processing.
Can apply customised rules and logic for repayments, partial payments, refunds, credit notes, etc.
Brings humans in loop for any discrepancies.

Reconcile and journal entriess

What a Bot can do-

Do the reconciliation on deposits automatically
Reports on any uncleared entities or missing transactions from POS or e-commerce portals and brings human in the loop.
Will record receivables and account for bad debt.
Utilize ASC 606 norms to calculate and document deferred payment entries.

Benefit for AI embedded Accounting RPA service

Automate about 80% to 90% manual tasks.
Save 40% to 60% of cost in accounting department.
Save huge amounts of time for everyone in accounting departments.
Get 100% accuracy.
Happy workers.
Increase productivity and scale business without extra costs.

DO IT RIGHTLY

4 steps automation approach ensures success and maximize ROI

Follow the easy steps to automate your processes and successful digital transformation. Our process oriented and transparent approach ensures a successful and smooth automation journey.