Remittance Processing 

Deductions Management Solution

Automate the cash application and deductions management process in your organization.

Automate the cash application and deductions management process in your organization.

Managing deductions is a very time consuming and manually intensive part of doing business. Deductions can account for up to 7% of annual sales and eat into a company's profits. Gaining control and visibility of deductions can improve vendor relationships and add profits back to your bottom line.
 
WAUSAU Financial Systems’ Cash360™ provides an integrated cash application and deductions management solution. This best-in-class cash consolidation and deductions management service alleviates the pain and inefficiencies experienced from accounts receivables cash applications, including customer payments not matching invoiced amounts and excessive staff devoted to posting cash.

Speed, efficiency, and savings
 
Cash360 increases the rate of collections by electronifying the manually intensive payment and invoice matching process. The system allows you to create your own personalized business rules and use electronic workflows that will allow faster resolution on invoice discrepancies. System reporting will help you identify key trade issues faster, allowing you to change the way you do business. Cash360 will help you recoup lost funds, improve customer relations and add dollars directly to your bottom line.
 
Root cause analysis
 
Identifying the root cause of deductions and recovering lost revenue is critical to any organizations bottom-line. What would your organization do if it could recoup up to 75% of annual unauthorized deductions and prevent their reoccurrence? With Cash360, now you can.
 
Automated Deductions Management
 
Cash360 is an integrated solution providing a seamless approach to handling the vexing issue of customer deductions and cash application. All of this can now be handled in a single system, enhancing the internal collaboration for reducing deductions thus providing an immediate impact on recovery. Better yet, this system integrates with all accounting packages, leaving you with one view into your company’s receivables. 
 
A proven, turn-key solution
 
Cash360 does not require a large capital expenditure to get started. Offered as a Software as a Service (SaaS) solution, Cash360 does not require a large IT project plan or time commitment, and in most cases we will have you up and running within 90 days. Cash360 does not require a large capital expenditure and you can receive an almost immediate ROI. Choose the solution that provides a seamless, automated approach to handing the multiple issues of cash application and customer deductions providing an immediate impact on recovery and positive bottom-line results and customer relations. Choose Cash360.
 
“This is a no-brainer. The solution paid for itself in labor savings alone, and we achieved millions of dollars in other efficiencies that we could not have gotten from any other solution.”
Executive, Old World Industries

 
Email info@wausaufs.com to request a consultation today!

Next Steps

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