Accounts Receivable (AR) automation software with MAKIRA

Automate Accounts Receivable processes with MAKIRA

Unlock new levels of efficiency with seamless AR automation.

Accounts receivable automation software

From manual mess to automated success

The Accounts Receivable (AR) department is critical to maintaining a healthy cash flow and ensuring timely payments from customers. They are the backbone of any organization’s financial stability, ensuring that payments owed to the company are collected efficiently and accurately.

Our goal with MAKIRA is to help organizations transform your AR, AP, document management and payment processes by automating repetitive tasks and optimizing workflows. From handling incoming remittance advice to matching payments with invoices, we aim to ensure you are covered every step of the way, but we don’t stop there. By reducing the manual workload from your team, you’re able to redirect their energy towards strategic tasks like improving customer relationships and analyzing payment trends, ultimately driving better financial outcomes for your business.

Key tasks that can be automated with MAKIRA:

Handling incoming remittance advice to streamline reconciliation processes.
Matching bank statements with remittance advice to reduce manual errors and save time.
Automated payment matching to ensure fast and accurate processing.
Automating the remittance advice process.
Streamlining payment slip processes to ensure error-free entries.
Leveraging MAKIRA Autobank (powered by Serrala) to simplify and speed up AR workflows.
Implementing payment matching automation for higher efficiency.
Deploying automation to create a scalable foundation for operational excellence.

Built for AR excellence

MAKIRA ensures that your Accounts Receivable department can operate with maximum efficiency. By automating tedious tasks and enhancing data accuracy, we help your business reduce errors, improve cash flow visibility, and enhance customer satisfaction. With AR automation you get a holistic approach to document management across all key phases of the workflow. Unlike solutions that focus on just one aspect, MAKIRA provides comprehensive automation, helping you avoid bottlenecks and inefficiencies.

The workflow phases

Create: Automatically captures remittance advice, payment slips, and other incoming documents directly into your backend system.
Enrich: Enhances documents with additional information, such as customer IDs, payment references, and matching criteria that may not be present in the original document.
Approve: Automatically matches incoming payments with invoices, flags discrepancies, and routes exceptions to the right team members for resolution.
Archive: Securely stores all AR documents, ensuring they are easily retrievable for audits, customer queries, or compliance purposes.

Whether your company uses a manual or semi-automated process today, MAKIRA transforms your Accounts Receivable operations into a streamlined and highly efficient workflow.

The Benefits of AR Automation

Reduce manual data entry and minimize errors: Eliminate tedious, error-prone manual tasks with intelligent automation that ensures accuracy in data processing.
Speed up payment matching to improve cash flow: Accelerate the reconciliation process with automated matching of payments to invoices, reducing delays and maintaining a steady cash flow.
Enhance customer satisfaction with faster query resolution: Provide customers with quick and accurate responses to payment-related inquiries by having all necessary data at your fingertips, thanks to streamlined workflows.
Ensure compliance with secure document archiving: Stay audit-ready and compliant with industry standards by securely storing all payment records in an easily retrievable format.