Maximize the efficiency, accuracy & automation for your enterprise or financial institution. Save time on manual activities and speed cash application by aggregating all your paper and electronic receivables into a single file.
OVERVIEW
With Integrated Receivables, your business can help improve cash flow, harness near real-time insights, and streamline research and customer service, while increasing productivity and satisfaction for staff.
FEATURES & BENEFITS
By combining all receivable and payment modules into a unified business process platform, Integrated Receivables will help save you the time it used to take searching for details across multiple systems while giving you visibility to your current cash flow.
Integrated Receivables delivers a single file that meets the exact needs of your ERP system. No more rekeying data, uploading numerous files or searching for information across multiple systems.
With comprehensive dashboards and consolidated information, you can make decisions with near real-time visibility into your cash flow. There’s no need to hunt for details across systems or compile spreadsheets.
Shortening your cycle time makes a measurable impact on your business. Integrated Receivables aggregates your receivables to a single file to shave hours—even days—from your cash application process.
The powerful search capabilities in Integrated Receivables empower your staff and enhance customer service. It’s easy to retrieve payment status, images and customer correspondence with our intuitive and customizable search tools.
FACTS
More than half of businesses surveyed by Aite Group plan to add integrated receivables in the next three years. - Aite Group Impact Note, “Now is the Time for IR”
Integrated Receivables aggregate all your electronic and check payment data and images to a single, standardized file.
Over 70% of corporate customers expect their banks to offer integrated receivables. - “Mastering IR: Climb to Best in Class”
KEY BENEFITS
The power of Integrated Receivables lies in its versatility. One solution can aggregate, standardize and prepare for posting all your receivables, resulting in a single file that’s ready to import to your ERP system.
Transaction data, remittance details and even images—Integrated Receivables can handle it all. Connect Integrated Receivables with payments from:
Integrated Receivables is just one part of the Deluxe Receivables platform, a cutting-edge solution that helps you automate cash applications across all your paper and digital payment types.
Easily pair Integrated Receivables with our powerful Remittance Matching service to fuel even greater automation.
MORE SOLUTIONS
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Get to know finances inside and out. With our Treasury Management capabilities, you can access rich analytics, impressive tools and our reliable expertise.
Integrated Receivables
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RESOURCES
Integrated Receivables solutions eliminate the day-to-day roadblocks that make it near-impossible to improve access to working capital and better manage liquidity. The solution automates payment processing to increase straight-through-processing (STP) across all payment channels and accelerate the application of cash to the balance sheet.
While Lockbox serves as a great solution for processing paper checks and remittance documents, it doesn’t address the complex receivables challenges caused by the growing volume of electronic payments. Integrated Receivables allows you to expand beyond Lockbox and captures all payments and images from any paper or electronic source regardless of location, type or channel.
A crucial part of accounts receivable management, cash application describes the matching of incoming payments with their corresponding invoices and accounts. Deluxe Receivables uses AI machine-learning technology to automate the cash application process and provide greater payment visibility and data.
Shortening DSO makes a measurable impact on your business. Integrated Receivables speeds your cash application process by eliminating time-consuming manual activities. It improves data accuracy and gives your staff a single file to manage, regardless of payment method or channel.
Deluxe’s Integrated Receivables consolidates all your electronic and check payment data and images into a single, standardized file. By automating your cash application in this way, your AR team saves valued time that would have been spent manually matching remittance data with payments and invoices.
With the comprehensive dashboards and consolidated information in Integrated Receivables, you can make decisions with near real-time visibility into your cash flow. No more hunting for details across systems or compiling spreadsheets.
Easily pair Integrated Receivables with our powerful Remittance Matching service to fuel even greater automation, dramatically reduce exceptions and achieve straight-through processing rates of up to 95 percent.
An IR solution offers banks meaningful opportunities to attract new clients, strengthen existing client relationships, grow wallet share and develop a platform for future treasury management initiatives.
Most corporations today are operating with highly manual, unformalized and error-prone processes for their receivables. Streamlining receivables processes can increase a company’s working capital and, in turn, reduce its need for costly borrowing. Efficient receivables processes also provide quick, reliable data for cash flow forecasts and a more cost-effective way of managing the growing number of receivables exceptions.
