All businesses are seeking ways to efficiently manage their accounts receivables processing. In the past, most small to medium businesses just accepted checks. Today, these business customers now receive checks, ACH, wires, EDI, and credit cards. Traditionally only the largest banks have offered treasury services that were targeted for larger, high volume businesses.
DadeSystems treasury management products enable your bank to expand its current program or start a program to support your small to medium businesses. Corporate treasury services allow you to attract new customers, provide services to existing customers, generate new revenue and solidify your relationship with small to medium business customers.
DadePay AR Lockbox Automation is a cloud solution to process all payments for your business customers. Business customers are set-up and are completely segregated so you can tailor your level of services to each customer’s specific needs. Checks and remittance copies are scanned using a browser based application. Once the checks are processed, an image cash letter file is created. The customer can easily manage any exceptions with a simple point-and-click.
After processing, DadePay AR Lockbox automatically creates a posting file and will send the file through a secure FTP site to your customer. Each customer uploads their payment file to their ERP or Account receivable system to update their customer’s records. This process is simple and provides a valuable fee-based service.
Most banks today offer remote deposit capture to allow your customers to receive credit for their checks. But that only solves half of the problem. Accelerate your RDC customers with DadePay RDC for Banks. DadePay RDC for Banks allows you to capture the check and the payment remittance information in one easy step. The customer receives their check deposit at your bank, but has the added benefit of receiving a posting file of those payments. The posting file updates their ERP or accounts receivable system of their customer’s records.
DadePay Remote Deposit Capture can operate with scanners for higher volume businesses. For smaller payment volumes, DadePay Mobile can be utilized to provide a cost effective RDC solution for all business customers.
DadePay Mobile is designed for the business customer by capturing the check and remittance information just like using a desktop scanner. Fully supported in both IOS and Android, DadePay Mobile captures the check deposit and the remittance payment information. All checks are deposited at your bank and the remittance information is captured to update the customers’ AR. The app is designed to minimize the data entry, so the user just selects the customer and takes a picture of the check and remittance information. DadePay Mobile also handles any payment, including cash, checks, ACH remittances, and credit cards.
The DadePay ePayment customer portal is an integrated portal that your customers can receive payments. Fully integrated to the DadePay suite for Banks, the portal allows your business customers to receive payments from their customers in ACH and credit cards. ACH payments can be processed through your bank. The business can also offer credit cards payments through the ePayment portal. All payments are matched against the open accounts receivable and the business receives a post file daily. The DadePay ePayment Customer Portal offers a compelling service that only the largest companies have today, offered by your bank.