Automate your cash allocation
Keeping on top of cash flow in your business is critical
ReadSoft’s automated cash allocation and remittance management solution is a revolutionary new way to introduce the benefits of ReadSoft’s 20 years experience in document automation to your Accounts Receivable processes and make month end ‘just another day’.
A typical AR function is burdened with metrics that, can become undesirable during the month-end rush. The amount of staff required to cope, pulling staff from other areas to assist, the value of unallocated cash and any delays in allocation and your overall debtor days.
Imagine automating the majority of the processes and keep a stable set of metrics, regardless of the day of the month. This is exactly what ReadSoft delivers. The benefits fall into two categories:
- Process efficiencies
- Control
Reduce costs - fast ROI
Reduce your cost of processing order to cash by up to 70% Experience an ROI of around just 6 months.
Increase efficiency
Have payments allocated by 9am each day and work from a clean sales ledger.
Be in control
Only spend time chasing your 'true' debtors and significantly reduce your DSO.
Real time visibility
Have more control over your processes. Have total tracability and simple auditing.
Ease of implementation
Be up and running in as little as 2 to 3 weeks with a hosted solution. No capex, no installation required - immediate availability and a simple monthly subscription model.
Automation areas
All organisations with an accounts receivable function. The ReadSoft solution is ERP agnostic.