Accounting Software

(redirected from Accounts receivable software)
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Accounting Software

A computer program that helps a company deal with its accounting needs. For example, accounting software may list accounts payable, account balances, and so forth. If information is entered accurately, it eliminates calculation errors. A company may buy accounting software, develop its own, or buy a program while making its own modifications.
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Typically installed as a "bolt-on" to the corporate accounts receivable software module, this type of automation has an excellent track record for improving credit department performance, but as a consequence, users often end up with multiple applications on their desktops.
A major provider of accounts receivable software solutions, HighRadius, has unveiled its latest product on the next generation of cash application technology powered by artificial intelligence, in a webinar that the company hosted on November 13.
Like most accounting systems, Heyman's accounts receivable software cannot effectively handle the volume of customer deductions, and because of these deductions, Heyman cannot efficiently process electronic lockbox or EDI payments.

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