How does accounts receivable automation improve cash flow?

Accounts receivable automation can greatly improve cash flow by streamlining the invoicing and payment collection process. With automation, invoices can be generated and sent to customers more quickly and accurately, reducing the risk of errors or delays. Additionally, automated payment reminders can be sent to customers who have outstanding balances, encouraging prompt payment and reducing the need for collections efforts. This can help businesses to receive payments more quickly and efficiently, improving their cash flow and overall financial health.