The system offers a comprehensive payments and financial adjustments mechanism.
Service providers are given all the necessary tools to do detailed tracking of financial transactions as well as control their receivables.
The feature offers:
- Receive and process payments quickly through user friendly management console
- Receive and process payments through Web Services integration with third party systems
- Manually distribute payments granularly across due invoices
- Automatic FIFO payment distribution mechanism across due invoices
- Manage receivables with aging reports on outstanding balances
- Manage cash flow with third parties and outstanding invoices with customers
- Select from multiple payment processors to execute payments
- Apply corrective positive or negative adjustments to account balances
- View detailed historical transactions reports per account