You’ve acquired Acumatica, and it’s an efficient ERP. However with out YayPay, it might’t attain its full potential.
Our AR automation software program is designed to present your finance workforce full management of the credit-to-cash course of, providing all of the instruments you want in a single, highly effective platform. On the subject of integrating this know-how with Acumatica, there are 4 vital advantages that customers can understand.
A one-stop store
Working between a number of methods constitutes one of many greatest time drains on your AR workforce. The truth is, a Mckinsey report discovered that “staff spend 1.8 hours day by day — 9.3 hours per week, on common — looking and gathering data. Put one other means, companies rent 5 staff however solely 4 present as much as work; the fifth is off looking for solutions, however not contributing any worth.”
And that’s simply time wasted searching for information. By no means thoughts the hours spent transferring information from one system to a different as a result of they don’t talk. Or the delays brought on by information entry errors.
YayPay’s Acumatica integration gives you with a single supply of reality to work from. Information from the ERP is mechanically 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 obtainable if you want it.
Seamless order to money
With Acumatica, you’ve the flexibility to simply create gross sales orders and ship them to prospects by way of handbook e mail or auto reminders. When the time involves receives a commission, YayPay means that you can enhance the method even additional by the creation of configurable workflows. These make sure that an bill routinely follows each crucial step to get processed on time.
Communications may be automated, in addition to fee reminders, releasing up your AR workforce from the mundane activity of composing emails. The power to personalize the messages and to create triggers that ship them to particular staff or positions implies that the messages don’t lose the human contact crucial for good customer support.
An all-in-one private fee portal makes resolving invoices even simpler on your prospects. They will log in at any time, see gadgets that should be resolved and make the fee utilizing the strategy of their selection. As well as, the portal permits them to lift disputes and ask questions, which is able to mechanically be routed to the suitable workforce member for quick decision.
Tomorrow’s know-how, at present
Whereas it’s helpful to have entry to built-in stories akin to overdue funds, and prospects on credit score holds, the sort of data solely means that you can reactively handle AR issues. YayPay means that you can 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 establish people who want particular consideration.
YayPay’s know-how is actually cutting-edge and has earned accolades from analysis companies akin to IDC, who’ve labeled it an business chief. This innovation helps your AR division obtain digital maturity, which suggests benefiting from alternatives primarily based on present tech stacks, staffing sources, and digital know-how. Your workforce can do extra with fewer individuals and unlock elevated worth from current instruments.
Very important information akin to your AR stability and upcoming invoices due are additionally viewable by the system’s easy, elegant dashboards. It gives easy accessibility to metrics akin to real-time DSO, dynamic and present growing 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. Nearly half of the respondents in IDC’s SaaSPath Survey-2021 reported that they proceed to depend on conventional spreadsheets to help AR reporting and analytics, and greater than 72% of respondents discover AR reporting and analytics difficult in comparison with different elements of AR.”
Kevin Permenter, Analysis Supervisor, Enterprise Purposes, IDC
For many corporations, the issue isn’t acquiring information, however managing it. One in all Acumatica’s robust factors is its flexibility in terms of reporting. YayPay enhances your information administration by its Enterprise Intelligence (BI) module, which helps you create graphs and charts utilizing real-time information primarily based round your personal distinctive KPIs and AR information.
Not solely does this offer you larger management and perception into your AR course of. It eliminates the necessity for expensive third-party purposes or time-consuming handbook evaluation. And in contrast to different AR softwares, you don’t must pay additional after which wait to have customized stories constructed.
Able to elevate your course of?
Combining YayPay and Acumatica offers you all the sources it is advisable take accounts receivable to the following degree, optimizing your money circulate 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 present.
