Managing disputes and discrepancies are some of the most challenging responsibilities of Accounts Receivable (AR) teams. Many documents, often created by different teams, are required to accurately collect payment. Handling this process manually — entering data, matching and validating details, storing and recalling documents — is error-prone, time-consuming, and often results in costly write-offs and delayed revenue recognition.
Transform your order-to-cash and dispute resolution processes with Ripcord's Al-powered robotic digitization and specialized machine learning.
Streamline your AR processes, improve accuracy, and reduce risk.
Identify discrepancies or disputes in invoices, automate the investigation process, and facilitate faster resolution with Ripcord’s digitization and document intelligence capabilities.
Invoice Processing and Payment Matching
Reduce manual errors and speed up the payment cycle by automating data extraction from invoices, matching payments, and validating accuracy. Enable your AR team to quickly identify discrepancies or outstanding balances.
Securely store and easily access complete and accurate accounting records to ensure compliance with regulatory requirements.