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Home NetSuite Apps Suiteapp Integrated Tesorio – Accounts Receivable Automation Powered By AI
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Tesorio – Accounts Receivable Automation Powered By AI

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Today, it’s all about cash flow. Your customers want to hold on to their cash and you need to get to the front of the line to get paid first. Tesorio’s A/R Cash Flow Performance Platform turns revenue into cash now. Tesorio’s Built for NetSuite SuiteApp is trusted by the world’s best finance teams at companies like Box, Veeva Systems, Twilio, Domo, and many others to reduce average time spent building forecasts by 90%, increase average collections productivity by 2x, and reduce average days sales outstanding by 33 days.

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  • Description
  • FEATURES
Description

Accounts Receivable Automation & AR Forecast

Tesorio AR applies artificial intelligence to increase accounts receivable efficiency and effectiveness including smart workflow tools, predicted pay dates, automated collections forecasting, and dunning campaigns. Treasury, FP&A, accounts receivable, sales, and customer experience teams can all leverage cash insights to gain perspective into customer health.

Tesorio AR Forecast is your daily A/R platform for cash performance tracking, forecasting, and orchestration. No longer will you have to rely on a single manual methodology to generate your forecast. Tesorio’s proprietary algorithm powered by Machine Learning, along with three other forecast methods allows you to quickly compare forecast models and analysis to provide you with the insights needed to make a more confident forecast.

Key Benefits

Accelerate Collections via automation and Artificial Intelligence
Real-time AR Forecasting to know where you are on cash at all times
Reduce DSO and improve working capital efficiency
Have more time for the highest impact work and customer relationships
Balance workloads and improve morale across the collections team
Anticipate challenges with AI-driven insights

Customer Quote

“More than ever, we need Tesorio to perform perfectly. Reaching our customers to understand and influence when we will get paid is critically important in the next few months to ensure we have adequate cash coming into the business—Tesorio enables this.” – David Durch, CPA, Corporate Controller, Provation Medical

Success with NetSuite

NetSuite customers have seen the following benefits with Tesorio:

  1. Decrease time spent on dunning campaigns by 75%
  2. 4x increase in customer base reached
  3. Reduce DSO by 10+ days
  4. 3x improvement in collections team efficiency
  5. Cut average days delinquent by 37%
  6. Implementation and integration in hours or days instead of weeks or months
FEATURES

Accounts Receivable Automation - Reduce DSO

  • Automated dunning/ collection email campaigns
  • Customizable senders, recipients, and templates
  • Capture email communications to customers - append to NetSuite records
  • AI predicted payment dates

AR Forecast - Enhance Predictions

  • Track cash goals in real-time
  • Immediately know which invoices to prioritize
  • Predict with higher confidence

Payment Portal - Frictionless Payments

  • Payments made and collected in seconds
  • Capture invoices, statements, and receipts
  • Dispute and inquire all in one place

Collections CRM - Improve Relationships

  • Comprehensive collections dashboard
  • Dynamic workspace functionality
  • AR data aggregation
  • Intuitive, user-friendly interface

Cash App - Quickly Reconcile Payments

  • Live, automated bank imports
  • Smart recommendations
  • Touchless posting for portal payments
  • Complete Integration
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