INTEGRATED RECEIVABLES FOR FINANCIAL INSTITUTIONS
Integrated Receivables creates real dollar-savings for your clients through faster processing of receivables and elimination of low-value manual tasks. A definitive addition to your corporate treasury offering, as the SaaS-based solution is quick and cost-effective to deploy, without the need for significant capital expenditure or IT development to install and manage complex hardware and software. Clients benefit from the elimination of manual work in the cash application process by automating the capture of remittance and reconciliation of payments with open receivables. Consolidation and automated processing of consumer bill payments across multiple sources enables treasury and A/R teams to achieve straight-through payment processing.
Automated identification of short-payments, auto-coding of deductions and deduction resolution workflows significantly expedite deductions research and recovery. EIPP/EBPP powered by the radiusOneTM Network serves as a one-stop solution for all enterprise invoicing and payment acceptance requirements. The payments hub enables clients to achieve a unified, global repository of all payment information across all banking channels.