AvantGard Cash Application

Auto-cash processing systems that operate independent of core credit and collections operations can result in misapplied payments and backlogs. AvantGard Cash Application leverages data gathered in the collections and dispute management processes to improve hit rate accuracy and automatically generate disputes. It can also be used as a pre-processor together with ERP cash application processing.

Features

Delivers a highly sophisticated cash application rules engine
Leverages key information available through the collections and dispute process in conjunction with the cash application processor via integration
Allows disputes to be automatically generated during the cash application process
Provides for an unlimited number of cash application polices to be setup

Benefits

Establishes customer level threshold settings for improved hit rates and fewer exceptions
Optimizes algorithms for hit rate accuracy and decreased manual processing
Assigns and routes disputes automatically to the appropriate owner entering the dispute resolution workflow resulting in operations efficiency
Provides option to create discount and write-off tolerances for each customer, group of customers, or for a specific business unit