Why combine Sage Intacct with YayPay? We’ve got 4 compelling causes.
Sage Intacct is a robust answer, serving to finance groups get rid of redundant duties, streamline processes and enhance productiveness. So what’s the enterprise case for making a further funding in an automatic accounts receivable answer (like YayPay)?
Full Management
An automatic AR answer is collaborative by design, offering each your finance and gross sales group with a single, intuitive interface. This provides all of them the related monetary information they want, in addition to the capabilities required to take efficient motion (extra on these later).
By way of a seamless integration, YayPay routinely downloads objects from Sage Intacct together with buyer duns quantity, bill PDFs, invoice-level gross sales, invoice-level contacts and customer-level contacts. There’s no must switch information, which helps get rid of errors and offers time again to your AR group to give attention to precedence actions.
Data from inside the AR software program, resembling funds and buyer credit score limits, are synchronized from YayPay again to Sage Intacct. Your group can see the newest buyer exercise in real-time, making certain that there aren’t any delays in figuring out in danger accounts and following up.
A flawless AR circulate!
Superior Reporting
With YayPay, you may transcend the upfront metrics and efficiency playing cards in your Sage Intacct dashboard. Our Enterprise Intelligence (BI) module allows you to create customized AR charts and graphs utilizing real-time information captured inside the platform.
Utilizing one system to successfully handle and phase your AR information helps restrict the danger of poor information integrity, which is frequent with finance groups that depend upon a number of databases and guide evaluation for monitoring and reporting. It additionally allows you to “do away” with any costly third-party functions or time-consuming information evaluation. With BI, you may generate a customizable view of your accounts receivable info by leveraging a whole bunch of knowledge parts with easy-to-use filters and presets. This permits non-technical customers to create compelling experiences in seconds!
“With our earlier accounting software program, we all the time needed to create our personal inside experiences to get what we would have liked to run our enterprise. With the Enterprise Intelligence Module, I’ve the power to make YayPay my one-stop-shop for all my accounts receivable wants!”
Stephen Tracy, Director, Folks and Operations, CHG Healthcare
Automated Credit score Checks and Collections
Mix the benefit of elevating gross sales quotes and orders in Sage Intacct with fast and easy automated credit score checking by way of YayPay. Current payor information is mixed with exterior credit score scoring from companies — resembling Dun & Bradstreet and Creditsafe — to supply a 360 diploma profile of each buyer. This lets you comprehensively assess their cost habits. The knowledge is offered on versatile scorecards that may be personalized to fit your necessities. For instance, “years in enterprise” is likely to be a essential element for the manufacturing vertical, however it’s more likely to be much less necessary for software program prospects.
The subsequent step is utilizing this information to tell your collections technique. Utilizing YayPay, you may automate all assortment actions resembling cost reminders, invoicing and inside escalations. Our customizable workflows assist you to personalize your method for every buyer. Which means if a buyer has a dependable cost historical past, you’ll possible need to observe up with them much less often than you’ll with a buyer that has demonstrated unreliable habits. Utilizing YayPay’s credit score capabilities, you’re additionally in a position to preserve monitor of adjustments in buyer habits. This implies you may gauge when a buyer has merely forgotten to pay and subsequently requires a much less assertive follow-up versus when a buyer is in a downward spiral and must be addressed urgently.
The flexibility to not simply automate, however tailor collections communications helps improve each the velocity and effectiveness of collections. Clients really feel extra linked as your group can give attention to not simply reaching them on time, however making certain they provide a personalised service after they do.
“We’ve got happy prospects in addition to happier workers. Improved effectivity and communications makes for a stronger relationship.”
Mehmet Shah, Director of Finance, StackAdapt, YayPay and Sage Intacct Consumer
Buyer Self-Service Capabilities
After all, tailor-made collections aren’t the one characteristic that prospects take pleasure in. It’s possible you’ll be used to accessing buyer bill particulars simply in Sage Intacct, but when your prospects need to recurrently name as much as request the knowledge, this will result in frustration on each side.
With YayPay’s built-in purchaser portal, you’re in a position to give prospects entry to the identical info that you simply see. They will use the portal to view all bill and cost info, rapidly increase disputes or points, and even contact you instantly if wanted.
Past simply having entry, prospects have the power to make funds on any bill, at any time. Each automated bill despatched by way of YayPay incorporates a hyperlink that prospects can use to entry the self-service portal and take motion. By partnering with service provider service suppliers (MSPs), YayPay is ready to supply a wide range of cost choices, together with worldwide transactions, credit score/debit playing cards and digital financial institution transfers.
Interested by Integration?
Collectively, YayPay and Sage Intacct assist groups degree up every aspect of the credit-to-cash course of. This reduces the danger of dangerous debt, will increase on-time funds and delights each workers and prospects. The underside line? Organizations obtain an impressive return on their YayPay funding. In actual fact, Forrester Consulting discovered that YayPay generates an ROI of over 400% in simply three years.
Need to study extra? Go to: https://communication.quadient.com/sage-transform-ar
