Automated Accounts Receivables
Hosho Digital’s Automated Accounts Receivables (AAR) system streamlines the entire invoicing, collections, and payment tracking process. It automates the generation of invoices, sends timely payment reminders, reconciles incoming payments, and provides real-time insights into receivables, improving cash flow management and reducing manual finance workload. It eliminates time-consuming paperwork, allowing staff to focus more on patient care. With centralized data access, healthcare providers can make faster, better-informed decisions. Real-time patient records and automated workflows improve efficiency and reduce errors.
benefits
Improves cash flow visibility and reduces Days Sales Outstanding (DSO)
Reduces manual paperwork and improves accuracy.
Reconciles payments automatically with outstanding invoices.
Sends proactive payment reminders to customers, accelerating cash collections.
Automates invoice generation, distribution, and tracking, reducing manual errors.
flow
1
Unpaid or overdue invoices trigger escalations to finance teams or account managers for personalized follow-up.
2
Incoming payments are matched against outstanding invoices, updating payment statuses and closing transactions automatically.
3
Scheduled reminders are automatically triggered before and after due dates to encourage timely payments.
4
Invoices are generated automatically based on completed sales, contracts, or milestones, and sent to customers via email or portal access.
audience
Finance
Sales and Account Managers
Accounts Receivable Teams
Senior Management
Technology
