Kingston International to implement Cashbook’s Cash Application Solution with JDE

Kingston International this week signed up to implement Cashbook’s v5.1 Cash Application Solution. As part of this project, Cashbook will enable the automation of XML files Kingston have received from key customers against their JDE invoice file (F0311), thus improving on their current manual application process which up to now has taken hours at a time. Kingston International is currently operating JDE World v7.3 with the EDI files they receive being multi-currency and comprising of thousands of lines of transactions at a time. Using Cashbook’s powerful automation engine it’s anticipated that matching rates post-implementation will be in the region of 95%, significantly reducing the manual efforts of Kingston International’s staff.

Glenn Chegwidden, Head of IT at Kingston International commented “We’re looking forward to working with Cashbook in this upcoming project and reaping the benefits of their powerful cash application solution. Here at Kingston we’re constantly seeking to make improvements and achieve greater efficiencies in our process operations and using Cashbook’s innovative solution will greatly help us in accomplishing this goal.”

Within the JDE market as a whole Cashbook have been making great strides recently with word quickly spreading throughout the industry of the time and cost efficiencies that can be achieved through adoption. Cashbook CEO, Greg Coulter commented “We’re delighted that Kingston will be adopting our cash application solution. Since the launch of our latest java software release v5.1 earlier this year, we’ve been able to increase our product features, scope and interface providing even further value to existing and prospective customers.”