95% Automated Cash Posting for High Invoice Volume
AI-powered Cash Application Software auto-matches open invoices to a high volume of incoming payments, even in exceptional scenarios such as incomplete or inaccurate invoice numbers.
Auto-Invoice Matching in Parent-Child Scenarios
Cash Application Software auto-identifies the parent company against multiple child entities with a predefined library of parent-child scenarios in the customer master. Therefore, eliminating the repetitive Identification & manual mapping of parent-child entities.
Automated Deduction Coding for Big Box Retailers
Cash Application Solution auto-identifies short payments and maps the customer reason codes with ERP-specific reason codes. A/R teams can validate whether the discounts are earned or unearned based on payment terms/trade promotions.
Auto-Remittance Capture from Checks, Emails, EDIs, Portals
Automatically capture accurate check-stub data with AI-based multiple Optical Character Recognition (OCR) engines. Auto-capture email & EDI remittances and deploy web bots to log into customer portals and extract web remittances.
Automated Capture of Claims, Proof of Deliveries
Deductions Software leverages RPA to auto-extract claims, proof of deliveries(POD), bill of lading(BOL) from emails, customer, and carrier portals. It auto-pulls promotions and commitments from Trade Promotion Management (TPM) systems.
Automated Trade Promotion Research & Faster Settlement
Seamlessly integrate with TPMs to match claims with their respective promotions and product-level deals automatically. After matching claims to the promotions and deals automatically, settlement information can be passed to the TPM.
Improved Net Recovery Rate for Invalid Deductions with AI
Deductions Software leverages AI to auto-predict invalid disputes by analyzing the past resolution trends & deduction volume. Analysts can prioritize the resolution of high-dollar value invalid deductions to ensure a faster recovery and prevent revenue leakage.
AI-Based Worklist Prioritization for Faster Collections
AI-powered Collections Software helps the collectors prioritize high-risk customers with an automatically prioritized worklist. Collectors can customize their dunning strategies for each customer with AI-recommended actions to ensure faster past-due recovery.
100% Automated Dunning for Global Customers
Collections Software automates dunning for global portfolios or even low-risk customers. Automatically send dunning emails via emails, fax or push it to the customer portals. With ready-to-use dunning templates, collectors can edit and send correspondences to thousands of customers with a few clicks.
Industry Partners & Integrations
We Partner with Leading BPOs, Consulting Firms, Banks and Integrate with Retailer Portals and Trade Promotion Management Systems to Provide Best-in-class Solutions for the O2C Space.
"We were able to redeploy some of those employees to focus on collecting back invalid deductions. So actually, after about five months of going live, we were able to click close to $6 million back in value."
"You need an integrated system or a one-stop-shop with all the information in one place. Otherwise, it’s just more effort for you to search for the data from different sources. It gives you a holistic view of the customer data."
Kay Rogers
Vice President North America Financial Transactions
Industry Insights
eBook
Top O2C Challenges grappling CPG cos & how A/R Automation can fix them before 2025