By simplifying the processing of large volumes of customer invoices, automated receivables can significantly reduce the time accountants spend on collecting payments from customers.
Download factsheetHead of Cash Management, Tietoevry Banking
Rationalising of bank accounts by virtual improves reconciliation processes both for payables and receivables and reduces the need for multiple bank accounts per currency.
Incoming receipts can be hard to identify. A virtual account number per customer or even per invoice serves as a unique identifier in this case.
Improve operational efficiencies and levels of automation in incoming funds allocation processes.
Download our latest factsheet on Account receivables to learn how automating the processing of customer invoices can significantly reduce the time accountants spend collecting payments.