The accounts receivable automation process is increasingly becoming inevitable as it helps organizations reduce costs, time, and increases efficiency. Inferior receivables processes impact credit decisions, corporate borrowing, liquidity management, reporting of corporate sales, and commissions to sales staff. Moreover, ineffective receivables processes make it difficult to know the status of an organization's current financial position. According to a study by AIIM, companies that were using a digital system for their accounts receivable reported an impressive payback rate of 65% in 12 months and 78% after 18 months. With the growing propensity of businesses toward digitalization and automating the process, the demand for accounts receivable automation sees a surge in demand.