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You’ve received Acumatica, and it’s an efficient ERP. However with out YayPay, it may’t attain its full potential.
Our AR automation software program is designed to provide your finance staff full management of the credit-to-cash course of, providing all of the instruments you want in a single, highly effective platform. With regards to integrating this know-how with Acumatica, there are 4 important advantages that customers can understand.
A one-stop store
Working between a number of programs constitutes one of many largest time drains in your AR staff. In truth, a Mckinsey report discovered that “staff spend 1.8 hours day by day — 9.3 hours per week, on common — looking out and gathering info. Put one other method, companies rent 5 staff however solely 4 present as much as work; the fifth is off trying to find solutions, however not contributing any worth.”
And that’s simply time wasted in search of knowledge. By no means thoughts the hours spent transferring knowledge from one system to a different as a result of they don’t talk. Or the delays attributable to knowledge entry errors.
YayPay’s Acumatica integration offers you with a single supply of fact to work from. Knowledge from the ERP is mechanically communicated to the automation software program, and vice versa. Bill info, funds due, balances, and funds made are all communicated between the options so that each piece of knowledge is on the market while you want it.
Seamless order to money
With Acumatica, you might have the flexibility to simply create gross sales orders and ship them to clients 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 via the creation of configurable workflows. These be sure that an bill routinely follows each essential step to get processed on time.
Communications will be automated, in addition to fee reminders, liberating up your AR staff 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 essential for good customer support.
An all-in-one private fee portal makes resolving invoices even simpler in your clients. They’ll 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 boost disputes and ask questions, which can mechanically be routed to the suitable staff member for quick decision.
Tomorrow’s know-how, at the moment
Whereas it’s helpful to have entry to built-in studies reminiscent of overdue funds, and clients on credit score holds, any such info 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 observe previous fee conduct. It then assigns buyer accounts a letter grade, permitting you to establish people who want particular consideration.
YayPay’s know-how is really cutting-edge and has earned accolades from analysis companies reminiscent of IDC, who’ve labeled it an trade chief. This innovation helps your AR division obtain digital maturity, which suggests making the most of alternatives primarily based on present tech stacks, staffing assets, and digital know-how. Your staff can do extra with fewer individuals and unlock elevated worth from current instruments.
Important knowledge reminiscent of your AR stability and upcoming invoices due are additionally viewable via the system’s easy, elegant dashboards. It offers quick access to metrics reminiscent of real-time DSO, dynamic and present getting older, and automatic assortment exercise.
Important info proper at your fingertips!
Higher analytics for higher enterprise
“Reporting has at all times been a weak level of AR functions. 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 knowledge, however managing it. One in all Acumatica’s sturdy factors is its flexibility with regards to reporting. YayPay enhances your knowledge administration via its Enterprise Intelligence (BI) module, which helps you create graphs and charts utilizing real-time knowledge primarily based round your individual distinctive KPIs and AR knowledge.
Not solely does this offer you higher management and perception into your AR course of. It eliminates the necessity for expensive third-party functions or time-consuming handbook evaluation. And in contrast to different AR softwares, you don’t need to pay additional after which wait to have customized studies constructed.
Able to elevate your course of?
Combining YayPay and Acumatica provides you the entire assets it is advisable to take accounts receivable to the subsequent degree, optimizing your money move and buyer expertise. It lowers the chance of late funds and unhealthy debt whereas permitting you to cater to every buyer as if they’re your solely account.
If you happen to’re able to see YayPay in motion, schedule a demo at the moment.
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