Accounts receivable management

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Automate accounts receivable management with agentic AI

Track customer invoices, send payment reminders, and manage collections automatically. Reduce collection time by 70% with your AI employee.

Accounts receivable management

Finance

7,787

Running

70%

Faster Collections

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

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Human employees shouldn't be chasing payments manually...

Manual Payment Follow-ups

Spreadsheet of overdue invoices
Spreadsheet of overdue invoices
Spreadsheet of overdue invoices

Your team spends hours each week tracking down overdue payments and sending manual reminder emails to customers.

10-15 hours weekly on collections

High Days Sales Outstanding

Calendar showing overdue payments
Calendar showing overdue payments
Calendar showing overdue payments

Slow collection processes lead to high DSO, impacting cash flow and tying up working capital.

45-60 day average DSO

Inconsistent Collections Process

Missed payment reminder
Missed payment reminder
Missed payment reminder

Manual processes lead to missed follow-ups, inconsistent messaging, and strained customer relationships.

30% of reminders sent late or missed

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Use agentic AI to automate your accounts receivable 24/7

Automated invoice delivery workflow
Automated invoice delivery workflow
Automate invoice delivery and tracking

Magical automatically sends invoices to customers via their preferred channel, tracks opens and views, and records all customer interactions in your accounting system.

Send intelligent payment reminders
Send intelligent payment reminders
Send intelligent payment reminders

Magical schedules and sends personalized payment reminders based on customer payment history, invoice age, and your collection policies—automatically escalating when needed.

Smart payment reminder system
Smart payment reminder system
Payment plan management dashboard
Payment plan management dashboard
Manage payment plans and disputes
Manage payment plans and disputes
Manage payment plans and disputes

Magical tracks payment plans, monitors compliance, and flags disputes for review. It automatically updates your accounting system with payment status and customer communications.

Generate AR aging reports automatically
Generate AR aging reports automatically
Generate AR aging reports automatically

Magical continuously monitors receivables and generates aging reports, highlights at-risk accounts, and provides collection recommendations based on customer behavior patterns.

AR aging report visualization
AR aging report visualization

How it works: Implement in minutes not months

How it works: Implement in minutes not months

Step 1 illustration
Step 1 illustration
Step 1 illustration

Step 1: Book a demo

See Magical in action and scope out your current accounts receivable and collection processes for automation.

Step 2: Deploy Magical

See Magical in action and scope out your current accounts receivable and collection processes for automation.

Step 2 illustration
Step 2 illustration

Step 3: Automate forever

Let your AI employee monitor all receivables, send reminders, track payments, and escalate issues automatically.

Step 3 illustration
Step 3 illustration
Step 2 illustration
Step 2 illustration

Step 2: Deploy Magical

Connect Magical to your accounting system and configure collection workflows based on your customer segments and policies.

Step 3 illustration
Step 3 illustration

Step 3: Automate forever

Let your AI employee monitor all receivables, send reminders, track payments, and escalate issues automatically.

Measurable results for your cash flow

70%

Faster Collections

Reduce collection time with automated reminders and consistent follow-up

35%

Lower DSO

Improve cash flow by reducing days sales outstanding significantly

90%

On-time Payments

Increase on-time payment rates through proactive communication

80%

Time Savings

Free your team from repetitive collection calls and emails

What finance teams are saying

Magical has revolutionized our AR process. We've reduced our DSO by 20 days and improved our cash position significantly. The automated reminders are professional and consistent, and our customers appreciate the clear communication.

VP of Finance, B2B Services Company

VP of Finance, B2B Services Company

We manage over 500 customer accounts and Magical has freed up our entire AR team to focus on strategic customer relationships instead of chasing payments. Collections are faster and more predictable.

Controller, Distribution Company

Controller, Distribution Company

DHL
Verizon
Zoomcare
Intuit
PayPal

Security & compliance

HIPAA compliant

Magical processes all data locally with zero PHI storage

SOC 2 Type II certified

Enterprise-grade security with regular third-party audits

Secure Authentication

Secure Authentication

Single Sign-On (SSO) and multi-factor authentication options

Ready to transform your accounts receivable process?

Frequently asked questions

Frequently asked questions

Frequently asked questions

How does Magical personalize payment reminders?

Magical learns from your customer payment history and behavior patterns to send reminders at optimal times with personalized messaging. You can customize reminder templates and escalation schedules based on customer segments.

Can Magical handle different payment terms?

Yes, Magical automatically adapts to each customer's payment terms (Net 30, Net 60, etc.) and can manage complex scenarios like progressive billing, payment plans, and early payment discounts.

How does Magical integrate with my accounting system?

Magical works with all major accounting platforms including QuickBooks, Xero, NetSuite, and SAP. It syncs invoice data, payment status, and customer communications in real-time.

What happens when customers dispute an invoice?

Magical automatically flags disputed invoices for human review and can pause automated reminders. It logs all dispute communications and integrates with your dispute resolution workflow.

How does Magical maintain customer relationships?

Magical uses professional, customizable messaging that maintains your brand voice. It's designed to be helpful rather than aggressive, and you retain full control over escalation policies and tone.

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