Use Cases

Promise to Pay Tracking

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The Problem

In the fast-paced business environment, promises to pay made during phone calls or emails often get buried in inboxes or forgotten, resulting in unpaid invoices and cash flow issues. Without a structured system to track and follow up on these promises, businesses face repeated excuses and a lack of accountability from customers. This can significantly impact a company’s financial stability, as broken promises lead to higher DSO and reduced liquidity.

How Most Providers Handle It Today

Many accounts receivable solutions offer basic reminder systems for payment due dates. However, these systems often rely heavily on manual input and tracking, making them prone to human error and oversight. Additionally, they lack integration with existing accounting software, requiring businesses to overhaul their workflows or manage multiple systems. This approach is inefficient and often results in missed follow-ups and unresolved payment commitments.

This Company's Approach

ARPilot revolutionizes promise to pay tracking by integrating AI-native technology directly with your existing accounting systems like QuickBooks, NetSuite, and Xero. Unlike other solutions that require workflow changes or system replacements, ARPilot captures promises to pay during any customer interaction and schedules automated follow-ups before due dates. When promises are broken, our platform escalates them into structured workflows, ensuring no commitment goes unnoticed. Performance dashboards provide insights into customer payment reliability, helping businesses identify patterns of broken promises and take corrective action.

Key Benefits and Measurable Outcomes

By using ARPilot for promise to pay tracking, businesses can expect a 20-40% reduction in DSO within just 90 days. Our solution automates follow-up timing, ensuring commitments are met and cash flow remains steady. With transparent per-invoice pricing and seamless integration, ARPilot pays for itself while improving accountability and financial performance. Businesses can identify chronic patterns of broken promises, enabling proactive management of customer relationships and enhanced financial forecasting.

FAQ

1. How does ARPilot integrate with existing accounting software?

ARPilot is designed to work seamlessly with popular accounting systems like QuickBooks, NetSuite, and Xero. There's no need for a rip-and-replace; our platform integrates smoothly, allowing you to automate promise to pay tracking without changing your current workflows.

2. What measurable outcomes can I expect from using ARPilot?

Most businesses see a 20-40% reduction in DSO within 90 days of implementing ARPilot. This is achieved by automating follow-ups and holding customers accountable to their payment promises, improving cash flow and operational efficiency.

3. How does ARPilot handle broken promises?

When a promise to pay is not fulfilled, ARPilot escalates the issue into a structured workflow, ensuring it receives the necessary attention. Our performance dashboards help track these occurrences, allowing businesses to identify and address chronic patterns of broken promises.

4. What makes ARPilot different from other AR automation solutions?

ARPilot is an AI-native platform specifically designed for accounts receivable automation. Unlike other providers that bolt AI onto existing systems, our solution integrates directly with your current accounting software, offering seamless operations and transparent per-invoice pricing. This allows you to optimize your AR processes without disrupting your current workflows.

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