Accounting Services
Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.


Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

Case Studies

Learn more about our work with clients in a variety of different industries.

Meet the Team

Learn more about the Plumb leadership team.

The Plumb Promise


Want to join us? Check out our current open positions and apply today.

What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

10 Accounts Receivable Automation Benefits For Business Growth

Posted on May 17, 2024 at 1:41 AM
Written by Plumb

Modern businesses face daily competition regardless of the sector. This makes leveraging technology to streamline operations a necessity and should no longer be regarded just a luxury. Among these technological advancements, accounts receivable automation stands out for its ability to significantly enhance the financial health and operational efficiency of mid-sized businesses. Here, we look into 10 key accounts receivable automation benefits that can catalyze your business growth.

Improved Speed and Efficiency

The automation of accounts receivable processes results in a marked increase in speed and efficiency. Digital invoicing systems enable quicker invoice generation and delivery, reducing the time between service delivery and payment initiation. This acceleration not only optimizes cash flow but also allows your team to focus on strategic tasks rather than manual data entry.

Reduction in Human Error

Manual processes are inherently prone to errors, which can be costly and time-consuming to rectify. Automation significantly reduces these errors by utilizing integrated databases for filling in customer and product details accurately, ensuring that invoices are correct from the outset.

Cost Savings

Automation brings about considerable cost savings by minimizing the need for manual data processing. This efficiency allows staff to allocate their time to higher-value activities, potentially reducing the size of the team required for accounts receivable management and lowering the incidence of uncollectible accounts through timely and accurate invoicing.

Enhanced Cash Flow Forecasting

With accounts receivable automation, businesses enjoy improved cash flow management. Automated systems offer reliable and consistent collection patterns, providing valuable data for more accurate cash flow forecasting. This predictability is crucial for strategic planning and investment.

Access to Advanced Dashboards

Automated systems offer advanced dashboards that provide real-time insights into financial metrics, customer account statuses, and team productivity. These tools are invaluable for day-to-day management and long-term strategic planning, offering a comprehensive overview of your business’s financial health.

Advanced Security and Compliance

Security and regulatory compliance are paramount in financial operations. Automation secures sensitive data and streamlines compliance with local and international regulations by standardizing processes and securely archiving data, significantly reducing the risk of breaches and non-compliance penalties.

Faster Payments

Automation reduces the days sales outstanding (DSO) by facilitating faster and more accurate invoice delivery. Customizable invoices and proactive payment reminders encourage quicker customer approvals and payments, improving overall cash flow.

Better Customer Service

Automated accounts receivable processes ensure timely, accurate invoicing and easy payment options, enhancing the customer experience. Efficient processes reduce disputes and build trust, fostering stronger customer relationships.

Reduced Cost of Payment Processing

Automating the invoicing and payment collection process drastically cuts the costs associated with manual accounts receivable tasks. This efficiency translates to direct savings on labor, workflow optimization, and reduced overhead expenses.

Real-Time Data Access

Lastly, the shift from manual spreadsheets to an automated system offers real-time visibility into accounts receivable data. This immediate access to information ensures that all team members are informed and can make decisions based on the latest data, enhancing customer interactions and internal coordination.

The benefits of accounts receivable automation extend beyond mere efficiency gains. They encompass significant improvements in accuracy, cost savings, security, customer service, and strategic financial planning. For mid-sized businesses looking to thrive in today’s fast-paced market, adopting accounts receivable automation is a step toward sustained growth and competitive advantage.


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