Improves receivables processing efficiency and DSO with minimal integration and no disruption to the Biller's existing Billing system. Keeps a full archive of transactions, images and collaboration discussions. Allows for annotation of and collaboration around receivables data to help resolve exceptions quickly and easily. They can also collaborate externally with various parties at the remitter's organization. This collaboration can speed up the exception resolution process and make it significantly more efficient.
Collaboration is initiated directly from the receivables information screen.
Annotations can be placed directly on the images of the remittance documents. Pertinent files can be included as attachments. This can provide significant information for helping to resolve the exception. The optional automated matching module performs the matching process using sophisticated algorithms and allows for definition of customer specific business rules. This process can be used as an alternative for or in conjunction with existing automated matching processes.