AR automation when you send fifty invoices a month

The Problem

Managing accounts receivable for businesses invoicing around fifty times a month presents unique challenges. Companies of this size often face the dilemma of either hiring additional staff to handle the AR workload or continuing to manage it manually, which can lead to inefficiencies and delayed payments. Traditional enterprise AR platforms typically require complex implementations and come with high costs that are often prohibitive for smaller companies. This leaves many businesses struggling to maintain a healthy cash flow and customer relationships.

How Most Providers Handle It Today

Most AR platforms in the market today are designed for large enterprises, offering a wide range of features that are often unnecessary for smaller businesses. These solutions frequently demand an implementation partner and involve hidden costs, making them unsuitable for companies managing a smaller volume of invoices. The lack of transparency in pricing and the extended time required to get such systems up and running can be significant deterrents for businesses that need a more agile approach.

This Company's Approach

ARPilot addresses these challenges with a solution specifically designed for businesses sending approximately fifty invoices per month. Unlike enterprise systems, ARPilot provides a straightforward, cost-effective solution with a transparent pricing structure. The platform is available for free for up to ten invoices a month, with the Starter plan priced at $99 per month and the Professional plan at $299, which includes API access. Integration with QuickBooks Online is straightforward, allowing businesses to be operational within days without the need for an implementation partner.

Key Benefits and Measurable Outcomes

ARPilot’s approach to AR automation offers several key benefits:

• Cost-Effective Pricing: With a free tier for up to ten invoices and affordable monthly plans, ARPilot is designed to fit the budget of smaller businesses without compromising on functionality.
• Rapid Deployment: Businesses can connect ARPilot to QuickBooks Online and be up and running in days, not weeks, avoiding the complex and lengthy implementation processes typical of enterprise solutions.
• Human Oversight: While the AI manages the invoice-to-cash cycle, human approval is required for all customer-facing actions, ensuring that customer relationships remain personal and managed.
• Comprehensive AR Management: From multi-channel outreach to payment plans and dispute handling, ARPilot covers the entire cash cycle, enhancing efficiency and reducing manual workload.
• Scalability: As the business grows, ARPilot scales with it, providing more advanced features and integrations through its Professional plan.

FAQ

What happens if my business grows beyond fifty invoices a month?

ARPilot is designed to scale with your business. As your invoicing volume increases, you can upgrade to the Professional plan for $299 a month, which includes API access and additional features to support higher invoice volumes.

How quickly can I get started with ARPilot?

Setup is designed to be quick and straightforward. By connecting ARPilot to QuickBooks Online, your business can be operational within days, eliminating the need for a lengthy implementation process.

Is there a long-term commitment with ARPilot?

No long-term commitment is required. ARPilot offers flexible monthly plans, and you can choose annual billing for additional savings, equivalent to about two free months.

How does ARPilot ensure the accuracy of cash application?

ARPilot uses a published rubric to match payments against open invoices, applying payments automatically at a 0.95 confidence threshold. Payments requiring further review are queued for human verification, ensuring accuracy across the board.

What specific features does the Starter plan include?

The Starter plan, priced at $99 per month, includes multi-channel outreach, payment plans, and QuickBooks Online integration. It provides essential tools for managing up to fifty invoices a month efficiently.