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November 5, 2015

Seven Ways to Fill The Gaps In Your Accounts Receivable Order-To-Cash Automation Strategy

Turn Orders to Cash

By

Lauren Humphrey

Categories
Archives
Read Time: 3 minutes

From accelerating document processing to improving accessibility and process management, OnBase ensures you turn orders into cash as quickly as possible. The solution perfectly complements your other accounts receivable systems by keeping them up-to-date through seamless integration. Depending on the needs of your organization, OnBase is applicable to many processes throughout the Order-to-Cash cycle, including:

1. Contract Management

  • onbase-contract-iconStreamline request, creation, authoring and approval processes
  • Distribute contracts to customers for review, approval, and signature
  • Store contracts in one, central location for amendments and lifecycle management

2. Order Processing & Fulfillment

  • onbase-process-iconCapture and validate order information
  • Store and automatically route order documents for review
  • Create customers orders seamlessly

3. Proof Of Delivery And Receipt

  • onbase-proof-iconCapture signed proof of delivery documents anytime, anyplace
  • Access proof of delivery from OnBase instantly
  • View documents directly within your accounting system

4. Billing

  • onbase-billing-iconAcquire customer invoices instantly from your accounting system
  • Collate all related documents
  • Provide all documentation to customers immediately

5. Credit & Collections

  • onbase-credit-iconTrack open invoices
  • Run aging reports
  • View invoice aging dashboards

6. Dispute Resolution

  • onbase-dispute-iconCapture correspondences and notes
  • Provide central access to all related documents
  • Gain visibility into staff workload

7. Payment Processing

  • onbase-payment-iconCapture remittance and check data
  • Validate captured information automatically
  • Create Image Cash Letter (ICL) for deposit through Check 21

Take the Next Step

We can help you decide pretty quickly whether this would be a good fit for your organization. With 20+ years of experience in automation, we just need about 5 minutes of Q&A. 

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