Department solutions

Celonis for Accounts Receivable

Complex customer landscapes, fragmented data systems and manual processes challenge your Accounts Receivable department and strain your working capital.

Improve free cash flow while reducing operating costs by centralizing data across source systems, intelligently prioritizing collector actions and streamlining processes.

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Over 180 of the world’s best performing Accounts Receivable departments run on Celonis

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60%
reduction in Past Due AR in 9 months, +$10M in cash flow
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Millions
in P&L impact from initial AR deployment
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€55M
improvement in monthly cash flow

Better outcomes call for better Accounts Receivable processes. Here’s how we help.

Accelerate collections through intelligent collector prioritization

Most AR organizations are still forced to rely on basics like balance age and size – and their own gut feelings– when it comes to customer outreach. Which means that despite your team’s best efforts, it’s an uphill battle to meaningfully reduce past dues.

Leverage unique insights derived from process mining to drive intelligent, data-driven prioritization of balances and customers. Make more informed decisions and engage customers more proactively and effectively.

Accounts Payable On Time Payment GIF

Eliminate unnecessarily manual steps

Much of your team’s work is still manual: reporting in Excel, gathering data on sales changes, shipment errors, and billing delays across too many systems and documents, managing team tasks via email, and offline tracking of key developments.

Streamline and automate common manual steps such as dunning outreach, dispute coding or credit approvals to free up valuable time for your teams and improve Accounts Receivable processes.

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Ensure payment term compliance

Securing favorable payment terms with your customers is a hard-won battle. But all too often, that good work goes to waste when invoices go out with incorrect – and less advantageous terms.

Ensure that every invoice adheres to the latest terms and conditions by proactively correcting master data, flagging instances where sales teams change the terms, and monitoring deviations from protocol.

Accounts Receivable Payment Term GIF

Prevent underpayments by monitoring outstanding balances

A complex and constantly evolving landscape of customers and balances makes customer payment accuracy difficult and time consuming to track.

Manage outstanding customer balances centrally and efficiently, while taking proactive action against instances of problematic payments - for example, cases where customers take cash discounts despite paying later than terms dictate.

Accounts Receivable Underpayments GIF

Monitor credit behavior and address evolving risks

Credit utilization and risk tracking is cumbersome due to decentralized data systems, while rigid approval processes delay the commercial cycle and push out customer deliveries.

Drive faster credit decisions by leveraging intelligent credit limit suggestions, and use automation and system orchestration to simplify and accelerate the approval process.

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Our purpose-built applications get you to value in weeks.

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Starter Kit for Accounts Receivable

Kickstart a focused value journey with ease

Celonis opens up a near-infinite number of use cases for process improvement.

Prioritize the most powerful Accounts Receivable use cases for your organization based on the highest potential value and take advantage of guided flows to drive solutions. Built on our repository of aggregated process knowledge, the Starter Kit helps you connect to your systems, assess improvement opportunities, and get to value that much faster.

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Unearned Cash Discounts Ap BIG

Unearned Cash Discount App

Protect your margins by preventing unearned discounts

Unearned discounts often slip under the radar, quietly eating away at your bottom line. Our Unearned Cash Discount App uses process insights to systematically identify and address invalid discounts, ensuring your Accounts Receivable operations always protect margins.

This unified, purpose-built solution gives AR teams/Leads real-time visibility into customer patterns, connecting data across systems to detect erroneous discounts. Equipped with all the necessary information, your teams can quickly take action, recover lost revenue, and enforce compliant behavior. The App also helps automate corrections at scale, control recovery, and prevent cash leakage while retaining early payment benefits.

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Sailfin Collections and Dispute App BIG

Sailfin Collections & Dispute Management App

Streamline your collections and dispute resolution efforts

Data complexity, reactive prioritization, and manual work often leave teams firefighting in collections and disputes handling. The Sailfin Collections & Dispute App intelligently prioritizes collections and automates dispute management by leveraging Process Intelligence and built-in AI. 

Centralize your collections and dispute efforts with a single source of truth for invoices, tasks, and updates on promises to pay,automate recurring tasks like dunning outreach and use data-driven insights to improve decision-making. Empower your teams to work smarter, save time, and improve working capital in months, not years.

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How it works

Data

Integrates real-time and streaming data across systems, desktops, and documents.

Intelligence

X-Rays processes for inefficiencies and recommends improvements.

Action

Fixes inefficiencies automatically and orchestrates your existing technologies.

Meet the only system that…

Provides a living, breathing view of your AR process

Run with a 360-degree view of your AR operations, grounding all your stakeholders in the same data while customizing views to different stakeholders’ needs.

Applies process insights to drive DSO reductions

Equip your teams with end-to-end process visibility, and help them engage customers more effectively by intelligently prioritizing balances and assessing customer risk.

Improves productivity by streamlining your processes

Intelligently automate and orchestrate common activities such as dunning outreach, dispute coding or credit approvals.

Ready to connect with an expert?

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