Matching incoming payments back to invoice level used to be a chore; but no longer. Our intelligent auto-matchmaking software automates almost every payment processing task. Automate your B2B payment processes, bank reconciliations, and collections. Our cash allocation tool will save you time, reduce costs and allow you to focus employee attention onto exceptions only.
In theory, reconciling payments should be a breeze but in practice, it rarely is. The problems arise often due to a lack of information from multiple sources – poor bank references, lack of remittance information and multiple payments types. Sometimes, the need to manually register the information into the sales ledger can delay reconciliation further. Deposits in transit. Outstanding checks. Non-sufficient funds. There are so many factors that slow down, confuse, or even allow human error to play a factor in the reconciliation process. Let us alleviate that pressure.
Our cash allocation software delivers an out-of-the-box reconciliation solution that offers unrivaled match rates with any ERP, bank or payment type. There’s no quicker way to keep your ledger in balance.
Our cash allocation tool offers unrivaled performance when compared to other similar tools. Our exceptional auto-match rate of over 90% pays testament to our continued drive to streamline and simplify the reconciliation process.
Recognize any of these factors in your daily work?:
If so, then make Cash Allocation a part of your overall Order2Cash platform.
Our intelligent finance solution has the ability to match millions of transactions in real-time.