You’ve acquired Acumatica, and it’s an efficient ERP. However with out YayPay, it may possibly’t attain its full potential.
Our AR automation software program is designed to present your finance crew full management of the credit-to-cash course of, providing all of the instruments you want in a single, highly effective platform. Relating to integrating this expertise with Acumatica, there are 4 important advantages that customers can notice.
A one-stop store
Working between a number of programs constitutes one of many greatest time drains in your AR crew. In reality, a Mckinsey report discovered that “workers spend 1.8 hours day-after-day — 9.3 hours per week, on common — looking and gathering data. Put one other manner, companies rent 5 workers however solely 4 present as much as work; the fifth is off trying to find solutions, however not contributing any worth.”
And that’s simply time wasted in search of knowledge. By no means thoughts the hours spent transferring knowledge from one system to a different as a result of they don’t talk. Or the delays brought on by knowledge entry errors.
YayPay’s Acumatica integration gives you with a single supply of fact to work from. Knowledge from the ERP is routinely communicated to the automation software program, and vice versa. Bill data, funds due, balances, and funds made are all communicated between the options so that each piece of knowledge is on the market while you want it.
Seamless order to money
With Acumatica, you have got the power to simply create gross sales orders and ship them to clients by way of guide e mail or auto reminders. When the time involves receives a commission, YayPay permits you to enhance the method even additional by way of the creation of configurable workflows. These make sure that an bill routinely follows each mandatory step to get processed on time.
Communications will be automated, in addition to fee reminders, liberating up your AR crew from the mundane job of composing emails. The power to personalize the messages and to create triggers that ship them to particular workers or positions implies that the messages don’t lose the human contact mandatory for good customer support.
An all-in-one private fee portal makes resolving invoices even simpler in your clients. They’ll log in at any time, see gadgets that have to be resolved and make the fee utilizing the tactic of their selection. As well as, the portal permits them to lift disputes and ask questions, which can routinely be routed to the suitable crew member for quick decision.
Tomorrow’s expertise, at the moment
Whereas it’s helpful to have entry to built-in experiences resembling overdue funds, and clients on credit score holds, this sort of data solely permits you to reactively handle AR issues. YayPay permits you to proactively head off issues by embracing machine studying and synthetic intelligence to watch previous fee habits. It then assigns buyer accounts a letter grade, permitting you to determine those who want particular consideration.
YayPay’s expertise is really cutting-edge and has earned accolades from analysis corporations resembling IDC, who’ve labeled it an business chief. This innovation helps your AR division obtain digital maturity, which implies benefiting from alternatives primarily based on present tech stacks, staffing sources, and digital expertise. Your crew can do extra with fewer folks and unlock elevated worth from present instruments.
Important knowledge resembling your AR steadiness and upcoming invoices due are additionally viewable by way of the system’s easy, elegant dashboards. It gives quick access to metrics resembling real-time DSO, dynamic and present getting old, and automatic assortment exercise.
Important data proper at your fingertips!
Higher analytics for higher enterprise
“Reporting has at all times been a weak level of AR purposes. Virtually half of the respondents in IDC’s SaaSPath Survey-2021 reported that they proceed to depend on conventional spreadsheets to assist AR reporting and analytics, and greater than 72% of respondents discover AR reporting and analytics difficult in comparison with different features of AR.”
Kevin Permenter, Analysis Supervisor, Enterprise Purposes, IDC
For many corporations, the issue isn’t acquiring knowledge, however managing it. One in all Acumatica’s robust factors is its flexibility on the subject of reporting. YayPay enhances your knowledge administration by way of its Enterprise Intelligence (BI) module, which helps you create graphs and charts utilizing real-time knowledge primarily based round your personal distinctive KPIs and AR knowledge.
Not solely does this offer you higher management and perception into your AR course of. It eliminates the necessity for pricey third-party purposes or time-consuming guide evaluation. And in contrast to different AR softwares, you don’t should pay further after which wait to have customized experiences constructed.
Able to elevate your course of?
Combining YayPay and Acumatica offers you the entire sources you should take accounts receivable to the following stage, optimizing your money stream and buyer expertise. It lowers the danger of late funds and unhealthy debt whereas permitting you to cater to every buyer as if they’re your solely account.
When you’re able to see YayPay in motion, schedule a demo at the moment.
