Integrated Receivables

Receivables Management Benefits

End waste, sprawl and delay. Begin saving, organizing and accelerating.

Our Integrated Receivables solutions involve a single hub that works flexibly with your existing lockbox infrastructures to smooth every aspect of payment processing. Collecting, clearing and posting improve dramatically. As do documenting, archiving and reporting, as well as customer service. In the end, workflow, profits and insights are fully integrated. Financial institutions and corporations of all sizes can accept all types of payments from all channels. As paper payments continue to decline and electronic payments increase, financial institutions and corporations of all sizes can benefit from implementing an integrated receivables hub from WAUSAU.

Higher Revenue, Lower Costs, with Best-in-Class Clearing Methods

  • Have 100% of receivables processed within 24 hours
  • Reduce float times by 50% or more.
  • Gain 30% more daily investable cash.
  • Significantly lower banking fees and FTE costs.
  • Achieve rapid ROI.
  • Reduce initial implementation and ongoing maintenance costs.
  • For financial institutions, generate new revenue by entering into deposit-lush vertical markets.

Integrated Systems, Optimized Workflow, with Best-in-Class Technology

 

  • End dependence on old systems.
  • Simplify the overall payments architecture.
  • Significantly reduce capture time and exception-item labor.
  • Automate movement and tracking of correspondence-and-reconciliation exception processing.
  • Monitor workflow in real time.
  • Integrate posting and clearing with business insights.
  • Improve reporting.
  • Ease account setup when on-boarding new corporate customers. 
  • Simplify vendor management.
  • Have a single view of customer payment data, enterprise payment data by channel, and payment data by payment type.
  • Gain consistency in policy application. 
  • Improve risk management.

Extreme Flexibility, Delighted Customers, with an Online Archive

  • Handle every kind of payment through every channel.
  • Settle disputes quickly and easily.
  • Access records instantaneously.
  • Choose best-of-breed components.
  • Customize individual payment applications.
  • Achieve optimal performance for each application. 
Next Steps

Talk to a WAUSAU specialist to discuss your needs

Call 800.937.0017

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