Prevent AR reconciliation gaps by updating payment platform
Prevent AR reconciliation gaps by updating payment platform
Accounts receivable teams miss EFTs in accounting, causing reconciliation gaps and wrong invoice paid/part-paid status. This pushes EFTs to the payment platform and notifies finance so AR stays reconciled.
Overview
Missed EFTs create reconciliation gaps and expose finance to audit risk. This workflow pushes EFTs from your accounting system into the payment platform and alerts finance, eliminating manual updates so AR records and invoices always reflect the correct paid/part-paid status.
Notable Features
- Push EFTs to payment platform
- Notify finance on payment events
- Update invoice paid/part-paid status