Accounts Receivable

Get Paid Faster with Smart Invoicing

Turn outstanding invoices into collected cash with intelligent automation. Workisy handles invoice generation, delivery, payment reminders, online collections, and cash application — so your finance team spends less time chasing payments and more time on strategic work.

Accounts Receivable
Aging Report

$246,500

Total Receivables

0%

Collection Rate

28

Avg Days Outstanding

Aging Buckets

Currentdays
$128,40052%
1-30days
$56,20023%
31-60days
$28,90012%
61-90days
$18,3007%
90+days
$14,7006%

Outstanding Invoices

3 of 47

TechCorp Solutions

AR-1247 · 12 days

$24,500On Time

Global Retail Inc.

AR-1239 · 45 days

$18,200Overdue

Pinnacle Health

AR-1228 · 78 days

$31,800Critical

Features

Powerful Capabilities, Built for Scale

Every tool you need to run a world-class operation, from day one to enterprise scale.

Automated Invoicing

Generate professional invoices from sales orders, time sheets, or milestones with a single click. Recurring invoices are created and sent on schedule, complete with tax calculations and your brand identity.

Smart Payment Reminders

Configurable dunning sequences send friendly reminders before due dates, polite nudges on the day, and escalating follow-ups for overdue invoices. Tone, timing, and channels are fully customizable.

Online Payment Links

Every invoice includes a secure payment link. Customers pay via credit card, ACH, or bank transfer without leaving the invoice. Funds are reconciled automatically against the open receivable.

Aging & Collections Dashboard

Real-time aging reports categorize outstanding receivables by 0-30, 31-60, 61-90, and 90+ day buckets. Drill down by customer, sales rep, or region to prioritize collection efforts where they matter most.

Cash Application Engine

Incoming payments are automatically matched to open invoices using reference numbers, amounts, and AI-powered fuzzy matching. Partial payments, overpayments, and on-account credits are handled seamlessly.

Credit Management

Set credit limits per customer, monitor utilization in real time, and receive alerts when a customer approaches their cap. Credit holds on new orders are enforced automatically until balances are cleared.

Multi-Currency Billing

Invoice customers in their preferred currency with automatic exchange-rate application. Realized and unrealized foreign-exchange gains and losses are posted to the GL at payment and period end.

Revenue Forecasting

Predict cash inflows by combining invoice due dates with historical payment patterns per customer. The forecast updates daily, giving your treasury team a reliable view of expected collections.

How It Works

Up and Running in Three Simple Steps

1

Invoice & Deliver

Create invoices manually, from sales orders, or on a recurring schedule. Workisy delivers them via email with a secure payment link, or through e-invoicing networks like Peppol — all tracked with delivery receipts.

2

Remind & Collect

Automated dunning sequences handle follow-ups so your team doesn't have to. Customers see outstanding balances in a self-service portal and can pay, dispute, or request payment plans directly.

3

Match & Reconcile

Incoming payments are auto-matched to invoices. The aging dashboard updates in real time, and cash-flow forecasts adjust automatically — giving finance full visibility without manual spreadsheet work.

Results That Speak for Themselves

Measurable Impact on Your Business

Up to 35%

Faster Collections

Up to 60%

Reduction in Overdue Invoices

Up to 90%

Auto-Matched Payments

FAQ

Frequently Asked Questions

Ready to See It in Action?

Book a personalized demo and discover how Workisy can transform your operations in weeks, not months.