Cash Receipts:

Applying cash is about matching incoming data from banks or checks and applying this money to invoices or sales orders or deductions. Do you get paid via Bank lockbox’s, bank statements (MT940), and/or customer EDI Files? Do deductions slow the process? Do you have large corporate payments for 100’s of invoices?

In the diagram below we've identified the typical challenges companies face in their day-to-day cash receivable processes. We've developed tailored modules which specifically address these common problems. If you face any of the issues highlighted under Data Sources or Challenges below simply click on the individual links to be brought to the specific modules page or alternatively click the solutions icon.