AvantGard Payment Feeds
SunGard’s AvantGard Receivables offers companies an integrated suite of Order-to-Cash Management software with the unique ability to combine cash application processing with collections, dispute resolution, credit risk management and electronic invoice payment.
By leveraging the AvantGard Receivables Cash Application solution, companies can more easily process lockbox feeds and check runs. The inbound payment data is matched automatically using a configurable rules engine. Remittance data can also be obtained via a digitized remittance data capture feed.
Features:
- Pre-process Lockbox Feeds
- Automatically Process Direct Debits
- Configurable Workflow to Open, Scan and Extract Data
- Automate Wholesale and Wholetail Remittance Capture
- Digitize Remittance Advice
- Integrates with AvantGard Receivables Cash Application
Benefits:
- Lower DSO with Faster Application of Cash
- Improve Collections with Automatic Direct Debits
- Eliminate Lockbox Keying Fees
- Same Day Cash Application
- Improve Hit Rate Accuracy
EcoSystem Connectivity:
Improve auto-cash processing by using the AvantGard Receivables Cash Application solution to process incoming payments. Automatically process Direct Debits for expedited collections.