Track Payments
How can you possibly save costs and speed up your processes when you do not know whether the bill is in the mail carrier's pouch, sitting on the customer's desk, forwarded to some new address, or languishing in a bulk mail facility?Cash Cycle Manager™ turns on the lights so you can see directly into the darkness and keep track of your cash as never before. What if you could sit at your desk and see that the bulk mail center you are using is taking two days longer than another bulk mail facility? You could switch facilities. What if you could see that no matter when you send the bill, the customer will pay it on a certain day? You could change that customer's billing cycle or offer incentives for faster payment. What if your treasurer could see beyond what is in your lock box day today in order to forecast three to ten days out? You could save interest and boost investment income. What if you could see which zip codes have the highest percentage of computer users? You could increase payment speed by encouraging online bill pay.
Cash Cycle Solutions offers solutions you may have never considered: - Patented tracking technology that follows your payments from invoice to your lockbox, as well as in the mail.
- The ability for your customer service representatives to see on their screen whether the customer really did put his or her check in the mail before you waste money sending someone out to disconnect service.
- The ability to meet Sarbanes Oxley and other regulatory requirements through our third-party confirmation capabilities.
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