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Accounts receivable automation software for small businesses

Save time with automating accounts receivable processes to keep track of money you're owed and get paid quickly with Sage accounts receivable software.

Get smarter with accounts receivable automation

Automate accounts receivable functions like creating and sending invoices and automatically recording and tracking payments to save time, reduce manual errors, and increase your cash flow. Always know where you stand with auto-generated reports.

Keep track of your bottom line

Our accounts receivable system report shows how much you’re owed by customers at any point in time. You can use the report to keep track of :

  • How much your customers owe you.
  • How long your customers have owed you money.
  • Which customers owe you the most money.
  • Due dates for sales invoices.

Overcome your accounts receivable challenges

Not knowing how much customers or suppliers owe you could cost you and your business, so accurate records are imperative. Sage accounts receivable software automatically keeps track of invoices and payment due dates accurately and provides a multiple-currency payment option so your customers can pay you the way they prefer.

Get paid on time, every time

Sage accounts receivable software gives your customers an easy option to pay the way they prefer. When your customer pays an invoice, the transaction is automatically recorded and marked as paid. Your accounts receivable report is then automatically updated, helping you keep track of any outstanding invoices.

The benefits of an accounts receivable management system

Move your accounting solution to the cloud and take your business to the next level. 

Get paid faster

Accounting software can automatically reconcile your incoming payments, meaning you don't waste time manually transferring data.

Everything in one place

Track your income, expenses, and more using a single solution. Easily visualize the status of your accounts receivable and what money is coming in on one helpful dashboard.

Find the right solution, wherever you are along your journey

Accounting software has everything you need to keep your business running smoothly. Find out more to see which solution best fits your business.

Colleen Hoggarth

Sage Accounting has enabled us to take on more clients. We're at least 20 % more efficient than we were previously.

Colleen Hoggarth, Chief Number Cruncher
Freedom Accounting Inc.

Accounts receivable FAQs

Accounts receivable automation is the process of automatically performing accounts receivable functions. Accounts receivable automation is typically a feature of great accounting software,like Sage Accounting for example, that automatically notifies clients and customers when payments are due.

While formerly mainly done manually and over the phone, there are now many ways to collect on accounts receivables. With accounts receivable automation features in accounting software like Sage Accounting, businesses can now have invoices and bills automatically emailed to customers, along with easy ways to pay online, in addition to being available to take payment manually or over the phone.

Accounts receivable software is a program that records, tracks, and automates accounts receivable processes to settle balances on accounts that owe you money.

Accounts receivable software helps you to automate the accounting function of reconciling your business bank account transactions against your business balance sheet in just a few simple steps :

  1. Securely connect your business bank account with your accounting solution via the cloud, like Sage Accounting for example.

  2. Set categorization rules in your accounting solution or let it automatically categorize bank transaction.

  3. Reconcile your transactions manually in your accounting solution, or use the automation features of your accounting software, like Sage Accounting for example, to automatically reconcile bank transactions with your business balance sheet.

Accounts receivable is cash inflows that a creditor is going to receive based on the credit period given to the customers. Debit means assets, and credit means liabilities. Account receivables represent transaction exposure in the form of cash inflow in the near future. Account receivable should be debited and should be visible on the asset side.

Accounts receivables are not considered an expense. However the cost of the goods and/or services rendered would be considered expenses.