Accounts Receivable ProcessFlows (AR ProcessFlows) is a solution designed to quickly and accurately allocate all received payments to the relevant customer accounts, with minimal manual interaction. With easy integration into all major finance packages and banking systems, AR ProcessFlows can quickly and dramatically reduce the manual process of daily cash allocation.
AR ProcessFlows uses best of breed technologies to:
Most capture tools operate on template basis, which require structure and will not work with thousands of differently structured remittance notices. However, AR ProcessFlows employs an intelligent capture tool, which can extract this data automatically, learning and storing information as it goes. This allows the collection of data to be truly automated, with accounts systems updated, without the need for manual entry.
Holds all documents, enabling faster retrieval for processing and audit – Negates the need for paper storage, whilst supporting compliance requirements.
Allocate incoming payments quickly, right down to the invoice level. This information is then remembered so that subsequent payments can be matched instantly. This learning approach can lead to an 80% reduction in manual allocation.
For more information you can call us on +44 (0) 1962 835053, or email firstname.lastname@example.org.
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