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Cash Application

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Cash Application is the most important step in managing customer payment exceptions. Early detection, accurate identification, effective coding, dynamic dissemination to the appropriate owner and continuous tracking are key to increasing recovery rates and reducing time to resolution. Cash Application accuracy and turnaround directly impact customer satisfaction. It is the efficiency of Cash Application process that determines the speed of resolving exceptions and the rate at which you convert invalid customer exceptions into cash. Features: • Automatically Generates Disputes from Short-pays • Sophisticated Rules Engine with Customer Level Thresholds • Track Earned & Unearned Discounts • Single Interface to Multiple A/R Systems • Automatic Updating of MICR Table • Processes Data from Lockboxes & EDI / Bank Data Captured • Interfaces with Digitized Remittance Data Capture Benefits • Improve Hit Rate & Hit Rate Accuracy • Increase Productivity / Minimize Manual Processing • Lower DSO • Expedite Identification of Deductions • Capture & Track Short-pay Trending at Customer Level

Cash Application

Cash Application

Get Quotes
Yes! I am interested
FOB Price : Get Price

Cash Application is the most important step in managing customer payment exceptions. Early detection, accurate identification, effective coding, dynamic dissemination to the appropriate owner and continuous tracking are key to increasing recovery rates and reducing time to resolution. Cash Application accuracy and turnaround directly impact customer satisfaction. It is the efficiency of Cash Application process that determines the speed of resolving exceptions and the rate at which you convert invalid customer exceptions into cash.
Features:
• Automatically Generates Disputes from Short-pays
• Sophisticated Rules Engine with Customer Level Thresholds
• Track Earned & Unearned Discounts
• Single Interface to Multiple A/R Systems
• Automatic Updating of MICR Table
• Processes Data from Lockboxes & EDI / Bank Data Captured
• Interfaces with Digitized Remittance Data Capture
Benefits
• Improve Hit Rate & Hit Rate Accuracy
• Increase Productivity / Minimize Manual Processing
• Lower DSO
• Expedite Identification of Deductions
• Capture & Track Short-pay Trending at Customer Level

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