![Two hands holding a tablet, with one of them pressing a button that triggers a digital invoice to be created](https://optimise2.assets-servd.host/learned-skunk/production/How-AR-Automation-Software-Can-Accelerate-Cash-Flow.jpg?w=1024&h=512&auto=compress%2Cformat&fit=crop&dm=1717709515&s=98df158fe648b1aadf5666a47b70fc8b)
[Checklists] Evaluate Accounts Receivable Automation Software Vendors
- 2 min read
Easily evaluate accounts receivable automation software vendors using these 12 checklists that define exactly what to look for to find a solution that best fits your needs.
Use these checklists to compare any vendor, across 60 different evaluation criteria.
![Illustrated icons depicting a checklist and computer monitor](https://optimise2.assets-servd.host/learned-skunk/production/Versapay-Feature-Image-Vendor-Checklist-A.png?w=768&h=768&auto=compress%2Cformat&fit=crop&dm=1678995948&s=3d629f87d35a79ae92788e6791466cc6)
1. Invoicing and statements
Looking to automate invoice delivery across all channels? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Invoicing-and-Statements.png?w=1500&auto=compress%2Cformat&fit=crop&dm=1672781409&s=317f8086ad172e709154cb4ec211004e)
2. Payments
Looking to easily facilitate business-grade online payments and give your customers the convenient payment experience they expect? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Payments.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781412&s=b4bef17d82ad2fe966942da85c8508bf)
3. Collections
Looking to take the work out of accounts receivable collections? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Collections.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781419&s=126cd83739f483b5286a8b847005ae3e)
4. Deductions and dispute management
Looking to track, manage, and resolve disputes more efficiently and capture more revenue? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Deductions-and-Dispute-Management.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781424&s=0a9c405f7b7eeec75ff57eaeafcf843f)
5. Customer analytics
Looking to understand your accounts receivable successes and performance and find new areas for improvement? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Customer-Analytics.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781426&s=4d4d03bfb8ec3386eb437161ffd69725)
6. Cash application
Looking to automate your cash application process, easily capture and reconcile payment data, eliminate data entry errors, and speed up cash flow? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Cash-application.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781430&s=d1bc48369cd29a658f5f70d26717aaaa)
7. Collaboration and communication
Looking to engage your customers and work more collaboratively with them to accelerate payments and build extraordinary customer experiences? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Collaboration-and-Communication.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781437&s=9d8343cf1659218de366cce1ba597252)
8. Customer experience
Looking to give your buyers better billing and payment experiences? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Customer-Experience.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781439&s=3035ac8294a734754ff547ffd5d2b229)
9. Customer adoption
Looking to implement an AR automation solution that’s actually used by your customers? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Customer-Adoption.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781442&s=f0b8e845f315100f3de21e4a46a98e75)
10. Ongoing support
Looking to partner with a vendor that’s committed to helping you successfully transform your accounts receivable? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Ongoing-Support.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781445&s=8a26752ad41f1b7b95792588a5fcfcce)
11. Security
Looking to partner with a vendor that takes security as seriously as it does automation? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Security.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781447&s=f513954094e1b77e388bcb8bbe66499a)
12. Cost
Looking for a solution that delivers substantial return on investment across the board? Here’s what you should look for:
![](https://optimise2.assets-servd.host/learned-skunk/production/x-Cost.png?w=1498&auto=compress%2Cformat&fit=crop&dm=1672781449&s=1790343b26c9f2f63086be038f66beec)
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Transforming your accounts receivable processes doesn't have to be difficult. Get your copy of our guide, How to Choose Accounts Receivable Automation Software, and:
- Learn what accounts receivable automation software is (and why you need it)
- Explore the challenges with manual accounts receivable collections
- Learn the benefits of accounts receivable automation software
- Discover how to evaluate accounts receivable automation software