13 Everyday Remittance Scenarios


This e-book is an actionable summary that drills down the challenges in remittance processing and best-practices to build a robust remittance processing workflow for checks and e-payments

Contents

Chapter 01

Executive Summary

Chapter 02

13 Everyday Remittance Scenarios

Chapter 03

AI-enabled Remittance Capture

Chapter 04

About HighRadius
Chapter 02

13 Everyday Remittance Scenarios


Email Body
Email attachment
Web Portal
EDI
Clubbed with e-payment
Check stubs
Remittance before payment
Bank statement files
Clubbed with claims
Non-reference numbers
Consolidated remittance consisting of multiple invoices
Incorrect remittance
Missing remittance
     

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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features which can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments.