Kolleno Payments
If you’re using Workday Financial Management, your accounting stack is already ahead of the curve. But accounts receivable is one area where even top-tier finance teams lose time, money, and visibility. That’s where a dedicated AR solution comes in, and the best ones seamlessly integrate with Workday.
In this comprehensive guide, we cover five standout platforms (including Kolleno) that help finance teams improve cash flow, reduce manual effort, and ensure timely payments.
What is Workday?
Workday is a cloud-based enterprise resource planning (ERP) platform that combines finance, human resources, planning, and analytics. Traditional financial systems often rely on batch processing and monthly reporting, but Workday’s in-memory, object-oriented architecture enables real-time reporting by capturing transactions at the moment they occur.
This real-time visibility allows finance teams to generate consolidated financial reports across entities and currencies. With continuous audit trails, configurable financial controls, and always-on planning, Workday enables organizations to improve financial data accuracy, speed up financial close processes, and adapt quickly to changing business needs.
The Benefits of Integrating Your AR Solution With Workday
Workday centralizes your financial data, planning, and reporting. But when your accounts receivable software integrates with it directly, you unlock even more value. From real-time cash flow visibility to advanced automation and improved customer communication, here are the top benefits:
Real-Time Cash Flow Visibility
Workday provides a solid financial foundation, but its native AR functionality lacks predictive analytics and cash flow forecasting. AR software like Quadient (YayPay) and Tesorio offer real-time integration with Workday, helping finance teams gain immediate insights into outstanding invoices, customer payment behaviors, and money owed. These platforms use AI to improve collections strategies and forecast cash inflows accurately.
Reduced Manual Effort and Improved Efficiency
Automating collections, payment matching, and cash application reduces manual workloads and increases operational efficiency. HighRadius and Quadient AR integrate directly with Workday Financial Management, eliminating the need for duplicate data entry and accelerating the collections process. Automated workflows also help teams spend less time on repetitive tasks.
AI-Driven Insights and Predictive Analytics
Advanced automation platforms bring AI capabilities that analyze customer payment trends and predict payment statuses. HighRadius and Tesorio apply machine learning to reduce days sales outstanding (DSO), improve cash flow, and prioritize at-risk accounts. These predictive features are key to modern accounts receivable processes.
Enhanced Customer Experience
Self-service customer portals—like those offered by Bill.com and Kolleno—allow customers to view outstanding invoices, use multiple payment methods (credit card, ACH, wire), and resolve invoice disputes on their own. This leads to timely payments, better customer relationships, and reduced human error.
The 5 Best Accounts Receivable Solutions Compatible With Workday
In this section, we’ll explore five AR solutions that seamlessly integrate with Workday, offering real-time data synchronization, advanced automation, and finance team–friendly features.
| Tool | Key Features | Best For | Workday Integration | G2 Rating |
| Quadient AR (YayPay) | – AI-powered payment predictions (94% accuracy) – Automated workflows and reminders – Self-service multi-currency payment portal – Custom dashboards and reports | Mid-sized to large organizations with multi-currency AR needs | Real-time sync with ERP and CRM data | 4.4* |
| Tesorio | – Cash flow forecasting – Collections campaigns – AI-based payment predictions – Cash application agent and payment portal | Finance teams prioritising cash flow forecasting and working capital planning | API-based integration via Workday QL | 4.7* |
| Bill.com (BILL AP/AR) | – Invoice automation and recurring billing – Customer portal with autopay – Two-way sync with accounting systems – HR/Workday integration | Small to mid-sized businesses seeking AP/AR automation and employee onboarding | HR and financial sync integrations | 4.4* |
| HighRadius | – AI-based collections prioritization – Credit and dispute automation – Real-time analytics – Enterprise-grade cash application | Large enterprises with high invoice volumes and complex credit workflows | Bi-directional ERP integration incl. Workday | 4.3* |
| Kolleno | – AI-driven reminders and workflows – Customer-centric payment portal – Multi-currency and multi-entity support – Tailored Workday integration | Mid-market companies wanting advanced automation and fast implementation | Seamless, bi-directional integration | 4.9* |
1. Kolleno
A modern AR automation platform designed for finance teams that value usability and speed. Kolleno combines powerful automation with a customer-centric experience.
Key Features:
- Centralized dashboard for receivables
- Customer portal with automated reconciliation
- AI-powered invoice reminders and workflows
- Multi-currency and multi-entity support
- Bi-directional sync with Workday Financial Management
G2 Rating: 4.9*
2. Quadient AR (YayPay)
A robust order-to-cash platform that automates invoicing, collections, and reporting, and integrates with Workday and CRM systems.
Key Features:
- Real-time Workday integration
- Rules-based automated workflows
- AI-powered cash prediction
- Self-service payment portal
- Customizable dashboards and financial reports
G2 Rating: 4.4*
3. Tesorio
A cash flow and receivables automation platform with strong forecasting tools and a direct Workday integration.
Key Features:
- One-way data sync with Workday Financials
- Automated collections campaigns
- Cash application and payment matching
- Self-service portal and bank reporting
- Forecasting for both AR and accounts payable (AP)
G2 Rating: 4.7*
4. BILL AP/AR
A user-friendly solution that automates invoice delivery, payment processing, and data reconciliation for small to mid-sized businesses.
Key Features:
- Recurring billing and invoice automation
- Self-service customer portal with multiple payment methods
- Automated invoice reminders and autopay
- Sync with Workday and other accounting software
- Integrated vendor and employee onboarding
G2 Rating: 4.4*
5. HighRadius
Built for larger enterprises, HighRadius offers AI-powered credit, collections, and cash application tools with seamless Workday integration.
Key Features:
- AI-driven collections and credit management
- Bi-directional ERP integration
- Cash application automation
- Dispute resolution workflows
- Real-time analytics dashboards
G2 Rating: 4.3*
Why Kolleno Is the Best Choice
Each of these platforms enhances Workday’s core capabilities, but Kolleno stands out for its focus on ease of use, fast implementation, and customer experience.
With automated payment reminders, a flexible customer payment portal, and seamless data sync, Kolleno empowers finance teams to streamline collections and reduce manual effort. Its AI-driven workflows help teams chase unpaid invoices more efficiently, while real-time analytics provide better visibility into financial data and cash flow. The platform’s high user satisfaction rating reflects its intuitive design and responsive support.
Kolleno is particularly well-suited for mid-market companies looking to enhance their accounts receivable processes without complex deployments.
Final Thoughts
Workday gives you a strong foundation. But to fully modernize your receivables management, you need an integrated solution built for today’s finance teams. Whether you’re looking for predictive insights, reduced manual workloads, or a better customer payment experience, the five tools above deliver.
For those seeking a leading solution with fast time-to-value, Kolleno is hard to beat. Its advanced automation, intuitive user interface, and seamless Workday integration make it a top choice for companies looking to improve cash flow and optimize their accounts receivable operations.
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