Payment Management

Effective management of payables has a direct impact on a manufacturing operation’s profitability. With proper controls in place, such as scheduled payments, manufacturers can take advantage of supplier discounts and significantly lower purchasing costs. Improsys Accounts Payable accounting management CRM software module helps manufacturers establish the necessary controls within a well-structured accounting framework.

Key Features of Payment Management

● Analyze Sales and Cost
● Invoice processing faster
● Invoicing Made Easy
● Integrated Collections module
● Comprehensive reporting
● Backdating Payments, Fees & Interest alert
● Payment Scheduling
● Outstanding amount of customer
● Due, payment history follow-up
● Cash/payment follow-up management
● Multi payment receive
● Credit note for discount