Open Scan's Dynamic Receivables solution automates your process with the following four steps:
Payment information comes into the systems through various importers such as lockbox, scanning, and electronics.
Read more about the importers.
Engines work in the background to correlate decoupled payments, extract information from images, match invoice line items with open receivables, and identify deductions.
Read more about the engines.
This is the exception processing interface that presents work for users to complete, including manual balancing and matching.
Read more about the receivables workspace.
Based on the clients' needs, the exporters send the validated data to the ERP, any outstanding deposits to the bank, and images and data to the receivables archive.
Read more about the exporters and reports.