Automated Cash Application on a Turnkey Basis
Carixa auto-cash application delivers a 99.9% completion-match rate, matching remittances from all sources to invoices, credits, and deductions, including the setting up and routing of deductions, short pays, discounts, etc., to jump-start the resolution workflow.
Other so-called “auto-cash” systems leave 25%-50% of the work including exceptions, deductions, and short pays to be completed manually. Carixa solves this problem by better front-end matching and then automated processing and workflow for all the exceptions. Carixa works seamlessly with your other systems, or as an integrated part of the complete Carixa Cloud suite. Either way, you get real-time results in payment posting.
Only with Carixa’s unique matching and exception handling process, can you achieve 99.9% completion of a day’s remittances.
- 99.9% automated processing
- Optional scanning/OCR automation
- Automatic deduction matching
- Optional robotic fetching of support documents
- Automatic chargeback, debit memo directly into the workflow
|Interprets, translates, and processes BAI, EDI, PDF, emails, and spreadsheet data.||Fast and accurate cash posting|
|Auto creation and coding of deductions||Tracks Earned and Unearned Discounts|
|Tests for earned and unearned discount rules||Real-time update of collection follow-up queue|
|Detailed online payment history||Reduced held orders|
|Single interface to multiple ERP systems||Reduced complexity, higher efficiency|