Value Proposition
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Apxium's Accounts Receivable Automation software and Global Payment Rails delivers deep tangible value to Accounting and Law Firms as follows:
50% Debtor Days Reduction: The technology automates the entire invoice presentment process while enabling Firms to offer their clients flexible and frictionless payment experiences. The resulting reduction in debtor days de-risks the Firm's debtor collections by up to 50% while unlocking cash tied up in debtors before advancing funds against its invoices.
50% Reduced Administrative Overhead: The depth of automation reduces waste and administrative overhead by 50%, thereby unlocking more cash flow for the Firm.
30-40% Reduced Payment Processing Fees: The Payment Rails completely replaces the Firm's transactional bank, reducing payment processing fees by 40%, thereby delivering even deeper value-add.
The end-to-end Accounts Receivable Automation workflow is demonstrated as follows:
