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Accounts Receivable Workflow & Imaging
OSAM's OnBase Accounts Receivable solutions help to clear the clutter of orders and payment documentation that is faxed, mailed and electronically delivered – according to the method preferred by customers. OnBase Accounts Receivable Workflow and Imaging solutions eliminate wasted time and improve Days Sales Outstanding (DSO) so agencies can see where they stand.
- Accelerate cash flow cycles
- Reduce risk of misapplied cash
- Easily identify and record discounts, deductions
- Help establish/enforce credit policies
- Optimize forecasting and strategic planning with real-time reporting
- Portal-based web access to documents or reports for remote employees, customers
- Instantly obtain account status including all documentation and history notes
- Auto-notify customers and management if accounts fall outside acceptable terms
- Disputes are easily addressed with documents at the fingertips of both employees and customers
- Improve customer service
- Reduce payment cycle time
- Reclaim floor space and other resources devoted to maintaining paper-based files
Case Study
A Top 100 U.S. Staffing Firm reduced Days Sales Outstanding (DSO) in Accounts Receivable after implementing OSAM's OnBase Accounts Receivable Workflow and Imaging solution that automated the weekly printing, matching and mailing of 1,200 invoices with 6,000 timecards each week. Ninety-five percent of client invoices are now sent electronically, reducing AR processing time by more than 60% and saving $150,000 annually
Contact OSAM Document Solutions, Inc. today for accounts receivable workflow, including software, hardware, document scanning, content management and hosted solutions.
