Accounts receivable refers to the money owed to your business by customers for goods or services rendered. Effectively managing this process is crucial for healthy cash flow.
Managing accounts receivable is a constant challenge for businesses. From invoicing clients to tracking payments and ensuring timely follow-ups, the complexities can lead to significant time and resource expenditure. Organizations often find themselves grappling with slow payment cycles, outstanding invoices, and inconsistencies in cash flow. According to recent studies, nearly 60% of businesses report delays in payment processing, which can otherwise be a significant drag on operational efficiency.
At InvoiceRunner, we understand these challenges intimately. Our AI-powered invoice automation platform is designed to simplify accounts receivable processes by automating the monitoring of invoices, data extraction, and synchronization with accounting software. By reducing the time spent on manual data entry and improving accuracy, InvoiceRunner turns frustration into a streamlined workflow that fosters better cash flow management.
Users of InvoiceRunner experience a transformation that is not only about efficiency but also empowerment. Imagine spending less time chasing payments and more time focusing on strategic business growth. With the ability to quickly track accounts receivable and minimize errors, businesses can confidently manage their cash flow and ensure that they are not leaving money on the table.
Common challenges faced every day
Purpose-built invoice automation
Tangible benefits that impact your bottom line
Through automation, streamline your invoice processing, freeing up your team for strategic tasks.
Our AI ensures high precision in data extraction, minimizing costly errors.
Smart algorithms detect duplicates, protecting your finances from unnecessary spending.
Quickly sync with your accounting software, maintaining operational accuracy.
Get started immediately with an easy setup process, no technical skills required.
Handle increased invoice volumes effortlessly with our automated solutions.
Everything you need to automate invoice processing
Monitor Gmail or Outlook 24/7 for invoice emails.
Never miss an invoice.
Extract vendor, dates, amounts from any format.
No templates required.
Verify calculations before syncing.
Catch errors automatically.
Sync to Xero, QuickBooks, etc.
One-click sync.
Check for duplicate invoices.
Prevent costly errors.
Match to existing vendors.
Keep vendor data clean.
Real scenarios from users like you
Businesses leverage InvoiceRunner to automate follow-up emails, ensuring timely recollection of outstanding fees.
Example: A marketing agency utilized InvoiceRunner to follow up on invoices, reducing overdue payments by 40%.
Accounting firms benefit from processing hundreds of invoices each week without adding extra resources.
Example: A small accounting firm scaled its operations and efficiently handled a 50% increase in invoicing using InvoiceRunner.
Companies harness the power of AI to minimize data entry errors, leading to a seamless approval process.
Example: A manufacturing company reduced errors by 70% after implementing InvoiceRunner, speeding up financial closes.
Businesses can instantly identify account statuses and prioritize payment collections effectively.
Example: A retail shop improved cash flow by 30% after using InvoiceRunner's tools to manage accounts receivable.
InvoiceRunner is designed to work with your existing tools
Link your Gmail or Outlook account securely.
Connect to your accounting software with one click.
InvoiceRunner extracts data automatically.
Draft bills appear for your review.
Seamless integration with popular platforms
“InvoiceRunner has transformed how we manage our invoices. The time saved each week is incredible, and our cash flow is stronger than ever.”
“Thanks to InvoiceRunner, we no longer dread month-end closes and can instead focus on growing our business!”
Most users are up and running in under 5 minutes.
PDF, images (JPG, PNG), and scanned documents.
We use bank-grade encryption and never sell your data.
All invoices are created as drafts for your review.
Xero, QuickBooks, Zoho Books, FreshBooks, and Sage.
Yes! 10 free extractions, no credit card required.
Join businesses saving hours every week with InvoiceRunner.
Start Free TrialInvoiceRunner automates the tedious parts of accounts payable.