Streamline paper laden and labor intensive operations from the bank lockbox to your mailroom, your processing floor, cash management system and back to the bank
Companies with as few as two Accounts Receivable Analysts will benefit from our Solution of Capture™ for Accounts Receivable. We help you eliminate the bottlenecks and the impact of unpredictable float times that occur in a manual processing system. Your days sales outstanding (DSO) are reduced when your data is expedited to your financial systems and funds deposited into your accounts. Our solution even generates deposit reports based on your data output, allowing you to prepare deposits quicker and more accurately, with less labor. Quicker deposit times translate to improved working capital and enhanced productivity.
AnyDoc®REMIT from AnyDoc Software is the software behind our Solution of Capture for Accounts Receivable. Like Fastenal Company, we count on AnyDoc’s unsurpassed ability to process both remittances and invoices. In fact, AnyDoc is the only software vendor addressing both remittances and invoices with “out-of-the-box” functionality that does not require customization to the core source code.
For companies using bank lockbox services, Solution of Capture quickly and accurately identifies your key data from the remittances and automatically posts the verified data to any number of accounting and ERP systems including our SAP Certified Integration. We have implemented flexible data exchanges with these fine systems as well:
Solution of Capture for Accounts Receivable automatically captures and processes your critical data from remittances, reducing the amount of manual data entry and verification required. You’ll see lower labor costs, increased data accuracy and improved productivity.
For companies receiving checks and remittances prior to deposit, our solution allows you to process your daily transactions upon receipt. Once the checks are scanned, the following transaction information is accurately captured:
The solution then virtually endorses check in preparation for Check 21 submission, and a single transaction will not hold up the remaining transactions that are ready to deposit.
Solution of Capture incorporates your business rules and provides exception handling at the transaction level. It’s your business and you decide. The sample list below shows typical rule examples
You are in control, and you decide the exception processing rules. Should the operator work the exception, or route the exception to a supervisor queue for review, or should the exception automatically route to the supervisor.
The flexibility and functionality of our Solution of Capture for Accounts Receivable is unmatched.
Automating your business rules, coupled with MICR and invoice lookups, and row and columnar level subtotaling eliminates guesswork and manual data entry errors. When time-consuming processes and manual data entry errors are eliminated, you have the ability to reassign data entry knowledge workers to business critical tasks and accomplish higher value added assignments.
Future Perfect Solutions helps AR departments of any size streamline their operations. Regardless of your checks and remittance volumes, our Solution of Capture for Accounts Receivable scales to meet your needs.
For companies with volumes high enough to justify mail openers and ultra high volume scanners, Solution of Capture directly interfaces with your equipment to take full advantage of your previous investment.
From your mailroom to your bank, we can streamline your accounts receivable process, and deposit check payments directly to the bank. Solution of Capture for Accounts Receivable will