AR Management - This article providers an overview of Lumary AR.
Understand the purpose and benefits of AR functionality and how it fits into your finance workflow.
Required packages and permissions
Available with: Lumary 22.82 and later
Permission: Lumary AR - AR Management
Lumary AR Management features do not necessarily come as standard. If these features are not available to your users, please contact your Account Manager.
This article includes:
Benefits of Lumary AR
Lumary’s AR Management feature provides a comprehensive, integrated solution for managing accounts receivable related to services delivered through Lumary. Designed to improve operational efficiency and financial oversight, this feature consolidates all invoicing, payment tracking, and debtor information into a single, centralised source of truth. This unified approach enhances the accuracy of financial data, streamlines administrative tasks, and enables real-time insights into a client’s financial status.
By embedding AR management into Lumary, service providers can enhance their financial control, boost data quality, and deliver a more transparent and responsive experience to clients—ultimately supporting better outcomes and long-term sustainability.
Key Features
Key features include on-the-spot billing at the end of appointments, eliminating delays in the billing cycle and improving cash flow. Service and finance teams benefit from a 360-degree view of client and debtor data, enabling more informed decision-making and proactive debt management. With real-time financial visibility, teams can monitor overdue payments, prioritise collections, and take early action on high-risk accounts—helping to prevent bad debt before it escalates.
Lumary also supports seamless invoicing and agreement management, allowing service and finance staff to work more collaboratively. Automation of AR processes reduces manual work and the risk of errors, while built-in reporting tools provide powerful analytics on balances, aging, and payment histories. These insights support stronger financial planning and compliance, thanks to a clear audit trail and simplified regulatory reporting.