Available from AutoRek
VanguARd, our automated sales ledger cash applications tool is now the preferred solution for one of the world’s largest BPOs who process transactions for many of the globe’s largest organisations using sophisticated scanning interpretation we take any format of paper remittance advice and create an electronic record. We use this to explode the amount in the bank and match it to sales ledger open items. We produce the electronic payment processing record into ERP systems. Incidentally, supplier statement reconciliations uses the same technology and can allow automatic hands-free responses to credit controllers who email statements as regularly as they wish.