For Finance Teams & AR Controllers

The complete Invoice to Cash Software to lower your DSO

Recover working capital trapped in overdue receivables with invoice to cash automation that matches payments in minutes, validates deductions, and closes books on time.

  • SOC 2 Type 2
  • ERP Ready
  • 95%+ auto-match rate

What Is Invoice to Cash Software?

Invoice to Cash Software automates the entire accounts receivable lifecycle - from invoice processing and customer payments to cash application, collections, dispute management, deduction validation, and GL posting.

Instead of your team stitching data together across email, spreadsheets, and your ERP, it pulls everything into one receivables workspace, matches payments to invoices automatically, and shows you exactly where cash is stuck.

By plugging into your ERP, CRM, banks, and payment sources, it shortens days sales outstanding (DSO), flags risky accounts before they go bad, frees up working capital, and lets you close the books seamlessly.

Everything Your AR Team Needs

What Challenges does an Automated Invoice to Cash Software Solve

For most finance teams the problem isn't one broken step - it's several that compound every cycle.

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01

Unapplied cash

Payments arrive without clean references, so applying them to the right invoices becomes tedious work.

02

Delayed collections

Collections depend on manual follow-ups, causing invoices to go overdue before anyone reaches out.

03

Unchecked deductions

Customer deductions and claims accepted without proper validation increase unnecessary write-offs.

04

Stalled disputes

An open dispute freezes the full invoice and inflates DSO until someone finally works to resolve it.

05

Slow month-end close

Month-end waits on reconciled AR data, so the close starts late by default with low visibility into receivables.

Manual vs Automated Invoice to Cash: What's the Difference?

Manual AR Taxilla Invoice to Cash Software
Cash application Matched one payment at a time Applied automatically, with a 95%+ auto-match rate
Collections Manual follow-ups, slow & tedious Automated reminders sequenced by account priority
Deductions Accepted, then written off Validated against schemes; invalid claims flagged
Disputes Buried in email threads Logged, routed, and tracked to resolution
Cash Flow Visibility Spreadsheets that go stale quickly, low visibility Live DSO, aging, and risk on one dashboard
AR close Days of manual posting Reconciled entries posted to the GL
Scalability Requires more headcount as business volumes grow No headcount increase

The Taxilla Invoice to Cash Software Platform

One platform for the full cycle - invoice processed, payment received, cash applied, exceptions resolved, and entries cleared to your GL.

Taxilla lines up every document in the receivables trail and matches them automatically.

Whether you operate across multiple entities, currencies, banks, or ERPs, every transaction is consolidated into one unified receivables view.

Invoices

Invoices

Ingested from ERP, Billing Systems, or e-Invoicing Platforms. Matched with customer payments received in the bank.

Returns & Cancellations

Remittance Advices

Fetched from Email, Customer Portals, or EDI. Matched with bank deposits for each customer.

Bank-Statement

Bank Statements

Matched with remittances and corresponding invoices & credit notes.

Customer deductions

Customer deductions

Expected deduction validated against configured trade schemes, contracts, and rate cards.

Payment Settlements

Credit Notes

Generated for approved deductions, shared with customers and posted to the ERP.

Instead of searching through multiple systems, finance teams immediately see exceptions that require attention.

Short payments
Unapplied cash
Incorrect deductions
Disputed invoices
Overdue invoices
High Risk Accounts

Finance teams can immediately see:

What is causing high DSO
Which customer has the most overdue invoices
What are the top reasons for disputed invoices
What is the collections performance
What is the credit utilization by each customer

Each exception shows the invoice, customer, payment, and entry involved - so your team resolves it in one place instead of across systems.

Marketplace Order Fulfilment Reconciliation
01

Customer 360

  • Customer KYC & Onboarding
  • Credit Limit Setup & Management
  • Unified Account Timeline
Marketplace Payment Reconciliation
02

Collaborative Document Processing

  • Multi-Format Invoice Ingestion
  • Electronic Document Delivery
  • Shared Review & Approval
Marketplace Settlement to Bank Reconciliation
03

Deductions Management

  • Trade Promotion Matching
  • Deduction Validation
  • Credit Note Generation
Marketplace Settlement Fee Validation
04

Cash Application

  • Remittance vs Bank Statement matching
  • Bank Statement vs Invoice & Credit Note Matching
  • Short & Excess Payment Handling
ERP Invoice & Credit Notes Reconciliation
05

Collections Management

  • Risk-Based Collection Worklists
  • Automated Dunning Reminders
  • Promise-to-Pay Tracking
ERP Book Closure
06

Dispute Management

  • Automatic Dispute Logging
  • Routing & Ownership Assignment
  • Resolution SLA Tracking
ERP Book Closure
07

Accounts Receivable Intelligence

  • DSO & Aging Dashboards
  • Collections Performance
  • Credit Risk Monitoring
ERP Book Closure
08

AR Closure (GL Posting)

  • Automated GL / Sub-GL Posting
  • Open Item Clearing
  • Adjustment & Write-Off Posting

How Does Invoice to Cash Software Work?

Five steps, from raw data to cleared and closed receivables.

STEP 01

Integrate & Connect

Connect your ERP, banks, and payment sources, and bring in invoices, remittances, and statements in any format.

STEP 02

Compute & Validate Deductions

Configure your schemes and trade promotions, compute deductions on each invoice, validate them, and raise credit notes where they're due.

STEP 03

Match & Clear

The engine matches payments and remittances to open invoices and credit notes line by line, applying cash to invoices.

STEP 04

Resolve & Collect

Unmatched items and disputes route to the right owner, while collections runs prioritized reminders on the accounts that matter most.

STEP 05

Close & Report

Cleared entries post to your GL and sub-ledgers, open items clear, and AR analytics give you a live view of DSO, aging, and risk.

Turn Reconciliation Into a Revenue Recovery Engine

10-30%

DSO

85-95%

Cash application automation

70-90%

Manual matching effort

25-50%

Collections productivity

10-20%

Bad debt

30-40%

Days to resolve disputes

Invoice to Cash Savings Calculator

Enter a few numbers to estimate what automating your invoice to cash process could return.

Tell us about your current process

Applied improvement ranges:
DSO -10-20% Manual effort -70-80% Deductions recovered 1-3%

Estimated net annual savings

$1.4M - $3.59M

recurring, per year

44-50 days

from 55 days (-10 to -20%)

$1.5M - $3.01M

$252K - $288K

4.2-4.8 FTEs redeployed

$1M - $3M

1.0-1.5 days

from 5 days (-70 to -80%)

$151K - $301K

*Figures are indicative estimates based on your inputs and typical improvement ranges. Actual results vary by nature of business, ERP, and current processes.

Share your numbers and our team will map a personalized ROI to your ERP and current process.

Book a demo to see your personalized ROI

The Technology Behind the Invoice to Cash Software

AI-Powered Matching Engine

Automatically reconciles complex datasets across formats

Cloud-Native SaaS

Engineered to process millions of transactions without performance loss

Format-Agnostic Ingestion

Accepts data via API, Excel, CSV, PDF, Text, ZIP, or email attachments

API-First Architecture

Pre-built connectors for major ERPs to get real time data

Enterprise-Grade Security

SOC 2 compliant with granular role-based access controls

Complete Auditability

Full version history and immutable audit trails on every transaction

What Systems Does Taxilla Integrate With?

Taxilla's Invoice to Cash Software layers on top of your existing stack and connects over API, SFTP, or secure file transfer - no rip-and-replace.:

ERPs

ERPs

Banks

Operational Sources

Running a custom or in-house system? Our Format-Agnostic Engine integrates with any custom or niche software in your ecosystem seamlessly.

Invoice to Cash Software Pricing and Plans

Pricing scales with invoice volume and the capabilities you enable, so you pay for what you use.

Growth

  • 500 Invoices / month
  • 1 Dashboard Users
  • Customer 360
  • Collaborative Document Processing
  • Cash application
  • Collections management
  • Deductions management
  • Dispute Management
  • Standard AR Analytics
  • ADD-ONS
  • ERP Posting
  • Support Plans

  • Standard Support - Included
  • Priority Support +15% of subscription
  • Premier Support +22.5% of subscription

Enterprise

  • 12,500 Invoices / month
  • 3 Dashboard Users
  • Customer 360
  • Collaborative Document Processing
  • Cash application
  • Collections management
  • Deductions management
  • Dispute Management
  • Advanced AR Analytics
  • ADD-ONS
  • ERP Posting
  • Support Plans

  • Standard Support - Included
  • Priority Support +15% of subscription
  • Premier Support +22.5% of subscription
Request a Quote

Resources

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How to Evaluate and Choose the Best Invoice to Cash Software for Your Company

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Top Features to Look for in Invoice to Cash Software in 2026

A practical evaluation guide for finance teams actively comparing solutions. Most finance teams evaluating Invoice to Cash...

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The 6 Stages of the Invoice to Cash Process Explained

Most finance teams know their invoice to cash process is slow. Far fewer can say exactly where it breaks down...

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Invoice to Cash Software FAQs

How is Invoice to Cash Software different from what my ERP already does?
Your ERP records receivables; it doesn't chase them, match unstructured payments, validate deductions, or work disputes. Invoice to Cash Software handles those workflows and posts the cleared result back to your ERP.
How accurate is the cash application?
The matching engine is configurable and designed for a 95%+ match rate. Anything it can't match with confidence is routed to a review queue rather than mis-applied.
Which systems does it connect to?
Major ERPs, banks, and payment sources through pre-built connectors, plus format-agnostic ingestion (API, Excel, PDF, email, and more) for everything else - over API, SFTP, or secure file transfer.
How long does implementation take?
Typically 6-8 weeks, depending on the number of integrations and the complexity of your data.
How much of my IT team's time is required?
IT is involved in the initial integrations and security review; after that, finance configures and runs the rules and workflows day to day.
Can it handle multiple entities and currencies?
Yes - multiple entities, currencies, tax jurisdictions, and payment methods on one platform.

See Taxilla's Invoice to Cash Software in action

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