Why combine Sage Intacct with YayPay? We have now 4 compelling causes.
Sage Intacct is a powerful resolution, serving to finance groups remove redundant duties, streamline processes and enhance productiveness. So what’s the enterprise case for making an extra funding in an automatic accounts receivable resolution (like YayPay)?
An automatic AR resolution is collaborative by design, offering each your finance and gross sales group with a single, intuitive interface. This offers all of them the related monetary information they want, in addition to the capabilities required to take efficient motion (extra on these later).
By means 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 have to switch information, which helps remove errors and offers time again to your AR group to deal with precedence actions.
Data from inside the AR software program, reminiscent of funds and buyer credit score limits, are synchronized from YayPay again to Sage Intacct. Your group can see the most recent 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!
With YayPay, you’ll be able to 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 on a number of databases and guide evaluation for monitoring and reporting. It additionally allows you to “do away” with any costly third-party purposes or time-consuming information evaluation. With BI, you’ll be able to generate a customizable view of your accounts receivable data by leveraging lots of of information components with easy-to-use filters and presets. This allows non-technical customers to create compelling experiences in seconds!
“With our earlier accounting software program, we at all times needed to create our personal inner experiences to get what we wanted to run our enterprise. With the Enterprise Intelligence Module, I’ve the flexibility 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 convenience of elevating gross sales quotes and orders in Sage Intacct with fast and easy automated credit score checking via YayPay. Current payor information is mixed with exterior credit score scoring from businesses — reminiscent of Dun & Bradstreet and Creditsafe — to offer a 360 diploma profile of each buyer. This lets you comprehensively assess their cost habits. The data is introduced on versatile scorecards that may be personalized to fit your necessities. For instance, “years in enterprise” could be a crucial element for the manufacturing vertical, however it’s more likely to be much less necessary for software program clients.
The following step is utilizing this information to tell your collections technique. Utilizing YayPay, you’ll be able to automate all assortment actions reminiscent of cost reminders, invoicing and inner escalations. Our customizable workflows can help you personalize your method for every buyer. Which means if a buyer has a dependable cost historical past, you’ll doubtless wish to observe up with them much less ceaselessly than you’d with a buyer that has demonstrated unreliable habits. Utilizing YayPay’s credit score capabilities, you’re additionally in a position to hold observe of modifications in buyer habits. This implies you’ll be able to gauge when a buyer has merely forgotten to pay and due to this fact 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. Prospects really feel extra linked as your group can deal with not simply reaching them on time, however making certain they provide a personalised service once they do.
“We have now happy clients in addition to happier workers. Improved effectivity and communications makes for a stronger relationship.”
Mehmet Shah, Director of Finance, StackAdapt, YayPay and Sage Intacct Person
Buyer Self-Service Capabilities
In fact, tailor-made collections aren’t the one function that clients take pleasure in. You could be used to accessing buyer bill particulars simply in Sage Intacct, but when your clients must usually name as much as request the data, this may result in frustration on each side.
With YayPay’s built-in purchaser portal, you’re in a position to give clients entry to the identical data that you just see. They will use the portal to view all bill and cost data, rapidly increase disputes or points, and even contact you instantly if wanted.
Past simply having entry, clients have the flexibility to make funds on any bill, at any time. Each automated bill despatched via YayPay accommodates a hyperlink that clients 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.
Eager about Integration?
Collectively, YayPay and Sage Intacct assist groups degree up every aspect of the credit-to-cash course of. This reduces the danger of unhealthy debt, will increase on-time funds and delights each workers and clients. The underside line? Organizations obtain an excellent return on their YayPay funding. In truth, 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