Managing a business can be challenging, and there are many aspects to consider.
If you are a business looking to streamline your credit management, invoice delivery, and collections workflow, dispute management, customer payments, cash application and analytics and AI you need help from Quadient.
Quadient, an ward-winning company which has been going for a 100 years, creates simple, intuitive smart solutions including accounts receivables automation solutions that make life easier for businesses and can help them transform quickly, save money, and make meaningful connections with their customers.
Thanks to Quadient, companies can automate their entire Accounts Receivable (AR) and start collecting cash faster with a solution tailor-made for B2B finance teams.
Make Accounts Receivable Effortless
Quadient understands that the collection of AR is vital to any businesses financial health.
Manual AR systems involve preparing and mailing invoices, depositing checks and waiting for funds to settle, poor visibility into payment status and a lag of mundane tasks resulting in employee exhaustion.
These systems affect the company’s short-term ability to meet financial requirements and the ability to plan for long-term growth.
Without the aid of technology, AR management can become a maze of inefficiencies and obstacles. Teams face recurring issues that delay cash flow, disrupt financial stability, and negatively affect customer satisfaction.
From credit management to collections and cash application, Quadient AR uses to automate the order-to-cash cycle, delivering an effortless experience that creates high-value customer interactions and accelerates cash flow. This best practice can make a difference to your business.
Quadient AR, powered by YayPay, helps businesses manage cash flow, collect accounts receivable, and find new insights and efficiencies that drive revenue.
Quadient AR can help Improve cash application accuracy and efficiency. Companies will also be able to expedite the cash application process while automating your entire accounts receivable with AR automation made for B2B finance teams.
Allocate cash back to your ERP automatically – whether remittance data is included or not – allowing for increased accuracy, higher productivity, and reduced risk of manual errors.
Quadient also integrates within all established enterprise resource planning software systems, such as Sage, Quickbooks, Microsoft Dynamics, Netsuite, SAP and Acumatica.
So exactly how can Quadient AR help various business sectors? Learn more about accounts receivables:
Business services
Cash inflow is critical to the success and financial health of any business. When resources are invested before invoicing has started, it means the collections process begins from a position of risk. Quadient AR software helps ensure accounts receivable collections are timely.
Software
As businesses continue to automate and integrate solutions in the marketplace, the internal back office can be left behind. Quadient AR software automated recurring payment processing helps AR departments that manage SaaS keep cash flowing in the right direction.
Manufacturing
Customers expect customised services, more convenience, and faster delivery. And, in an industry with thin margins, there’s little room for error. Quadient AR software can help businesses stay ahead of the curve with faster, automated payment processing, and a complete view of all systems.
Media/publishers
In a fast-paced, content rich industry, media teams have no time to waste chasing and synthesising data. Quadient AR software real-time updates and payor history helps stay on top of collecting accounts receivable.
AdTech
Running lean is good for any business but can be challenging when juggling clients from a variety of industries, with a variety of payment expectations. Quadient AR software supports by helping companies easily manage payments, collections, and cash flow for business with their client base.
Wholesale/distribution
Often companies in this sector have large cash flow needs. And while selling on account is necessary, it also complicates collections. Partial payments for goods and services is a commonplace practice, but that deferred cash often results in high inventory and low cash on-hand. Quadient’s AR software automated processes can make collecting accounts receivable one less thing to worry about.
IT & security services
Most IT services happen behind the scenes. This can mean that business owners take services for granted, and de-prioritise payments. Quadient’s AR software proactive reminders minimise that risk by increasing on-time payments and sending automated follow-up communications for late invoices.
Transportation/logistics
This sector is built on documentation. Invoices, bills of lading, receipts of goods, and other forms are all part of the process of tracking where items are when they reach their destination. And it all needs to be tracked. Eliminate manual processes, manage cash flow for business, and increase efficiency and speed with Quadient’s AR.
Construction
Cash flow is integral to any construction business, and having a supply is important. Projects in the construction industry are capital intensive and need to be handled in an expedited manner. There may be payment terms that are reliant on requisition approvals and Quadient AR software helps provide convenient and flexible payment options for clients.
Find out more about Quadient’s Advanced Credit assessment platform which makes it easy for B2B finance teams to effectively mitigate and manage credit risk.
