What is accounts receivable automation, and how does Forwardly help?

Accounts receivable automation streamlines invoicing, payment collection, and reconciliation. With Forwardly, AR becomes smarter: send invoices, request payments online, and reconcile them automatically with your accounting software, all in real time.

Do I need to set up a wallet or a new bank account to receive payments?

No. You don’t need a new wallet or bank account. Forwardly lets you receive payments directly into your preferred bank account without extra setup.

Will I have to store my client's payment information?

No. You won’t need to store sensitive client payment details; Forwardly securely handles and stores payment information for you.

Is there a way to automate invoice reminders through Forwardly?

Yes. Forwardly automatically sends payment reminders to your clients, helping reduce overdue invoices and maintain healthy cash flow without manual follow-ups.

Can I set up recurring or automatic payments for customers?

Yes. You can set up automatic payment requests that are processed on the invoice due date. These can be paused or canceled anytime, giving you flexibility.

How much does Forwardly cost for accounts receivable automation?

Forwardly has no monthly fees or seat fees. You only pay per transaction, and you can choose whether your business or the customer covers the payment speed fees.

Accounts Receivable - Collect Recurring Invoice Payments

How Forwardly automates accounts receivable

STEP 1

Create or sync invoices

Create invoices or connect to leading accounting software to pull them with AR automation.

STEP 2

Request a payment

Send requests for one-time payments or authorization for recurring invoices, enabling auto-collection on time, every time.

STEP 3

Get paid in seconds

Send reminders and auto-collect payments in real time, even on weekends, straight into your bank account.

STEP 4

Automated reconciliation

Invoices are marked paid automatically with touchless reconciliation that keeps your books accurate and up to date.

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Get paid instantly 5 days faster

Cash flow on autopilot

Get paid online or via email or text in seconds. Automate collections, reduce risk, and see how automated payments can strengthen your cash flow while saving 70+ hours every month.

Payment overview with Forwardly — cash flow on autopilot.

A businessman enabling autopayments on Forwardly.

Real-time tracking & financial clarity

See exactly when a customer views an invoice and when the money hits your account. No hidden costs. No surprise fees. No monthly subscription fee. Only per transaction pricing that scales with your business.

Modernize AR with your existing bank

No need to switch banks to modernize your accounts receivable. Keep your money where it is and still enjoy card or instant bank payments that are automatically matched and categorized to reduce manual bookkeeping. Spend less time chasing payments and more time growing business to turn your billing process into a competitive advantage.

A business owner receiving payments instantly with Forwardly.

Instant payment delivery with Forwardly.

More benefits. Less hassle.

Create recurring payments
Automate payment collection
Multiple payment options
Manage multiple businesses in one dashboard
Securely store customers’ info and payment methods
Forwardly Business Network eliminates manual data entry for all leading accounting software

Proof that better payments are possible

Prompt with all support concerns, and the service has been good. The fees are more than acceptable compared to other services. Initial setup seems to take a bit of time, but it was all in the name of security, so it’s not really a con. The auto payment feature was the selling point.

Chris W

Owner, Transportation Trucking Company

I've worked in accounting for over 20 years and Forwardly's new instant payment tool is a game changer. Any time you can assist your clients on improving their cash flow is a feather in your cap and a boon for the client. I am so pleased to share Forwardly's platform with my clients since they are benefiting from a significant reduction in fees and receiving payments right away. The team at Forwardly has been of great help onboarding clients!

Christanne Wright

Founder, Your Wright Resources

I have recently started using Forwardly, I am finding it easy to use. The customer service is great! Aaron has helped me so much. Excellent customer service, and the pricing is fair. Currently, I will be using Forwardly to collect client payments. In the future, I plan on using other areas. My reasons for switching to Forwardly were the cost of processing payments, and I like the setup with Forwardly better. As my business grows, I can do a lot in Forwardly.