Quadient took the spotlight at the Future Forward App Academy, showcasing their award-winning AP (Accounts Payable) and AR (Accounts Receivable) automation solutions. Their presentation focused on how their unified financial automation platform helps businesses streamline processes, reduce manual effort, and drive efficiency across the board. With over 440,000 customers worldwide and a 100-year legacy of innovation, Quadient has built a solid foundation for delivering intelligent communication automation and financial workflow solutions.
Key Highlights:
Comprehensive AP and AR Automation: Quadient stands out as one of the few providers that offer top-tier automation solutions for both AP and AR processes. Their AP solution—formerly known as Beanworks—automates the entire accounts payable lifecycle, from purchase orders and invoices to payments and expenses. Their AR solution—formerly known as YayPay—automates credit applications, collections, cash application, and dashboard visibility, all under one platform. This unified approach reduces the number of software tools businesses need, enabling teams to centralize their financial processes.
Robust All-in-One Solution: Unlike many solutions focusing on a single aspect of the financial workflow, Quadient’s platform covers the entire spectrum of AP and AR processes. Their easy to implement organizational unit structures make it a perfect fit for growing businesses and complex financial environments. Quadient’s robust feature functionality includes:
Accounts Payable Automation:
Capturing invoices, Matching PO’s & Receiving’s, Coding, Routing, & Reminding
Payment scheduling, vendor onboarding, & financial system reconciliation
Expense management, company credit card feed, mobile app for easy upload
Accounts Receivable Automation:
Credit management, credit forms, inquiries & scores
Collections workflows, customer communications, internal task management
Cash application, payment reconciliation, customer pay portal, remittances
AI-Powered Insights and Predictive Analytics: Quadient’s AR solution leverages AI algorithms to predict cash flow with up to 94% accuracy. By analyzing historical payment behavior and credit scoring, the system can forecast cash flow, identify potential risks, and optimize collection workflows. This level of predictive capability gives finance teams the insights they need to manage cash flow effectively and reduce day’s sales outstanding (DSO) by 34%.
Advanced Features for Multi-Entity Organizations: Quadient's solution provides advanced reporting and benchmarking capabilities for businesses managing multiple entities or operating in multi-unit environments. The system allows users to compare performance across units, analyze trends, and implement corrective actions. This is particularly useful for franchises, associations, and businesses with multiple subsidiaries, where visibility and control over financial performance are critical.
Scalable and Flexible Implementation: Quadient offers one of the easiest implementation approaches in the industry, with average integrations taking just two to four weeks for AP and six to ten weeks for AR. Their solution also provides unlimited users with flexible user roles, allowing organizations to scale without incurring additional costs. This flexibility ensures that firms can easily adapt the solution to fit their evolving business needs.
Quadient’s AP and AR solutions not only eliminate manual data entry but also integrate seamlessly with existing financial systems, ensuring data flows smoothly in real-time. Their deep commitment to improving client outcomes is evident in their continuous investment in research and development, enhancing their solutions to meet the changing demands of finance teams.
To learn more about how Quadient’s AP and AR automation solutions can optimize your financial workflows, watch the recording of their session at the Future Forward App Academy.
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