Cash Application Automation

Automatically match payments to open invoices with advanced rules and streamline your accounts receivable process

With Cash Application Automation by SKsoft, users can seamlessly match incoming payments to open invoices in Microsoft Dynamics 365 Business Central and automatically post them in cash receipt journals with unprecedented accuracy and efficiency. The options are endless for users on what data they can bring since our solution supports lockbox processing and various types of customer payment files.

Transform Your Accounts Receivable with Intelligent Automation

Experience the power of a comprehensive cash application workbench that streamlines settlement and eliminates tedious manual matching. Save time, reduce errors, and gain complete visibility of your receivables with SKsoft's solution. Features include:

· All-in-One Workbench: Manage and settle all customer payments through a single interface within Business Central

· Lockbox Processing: Bring in lockbox files automatically into BC from your bank and process customer payments

· Advanced Matching Capabilities: Handle one-to-one and one-to-many payment scenarios with equal precision

· Customizable Matching Rules: Configure rules tailored to your specific business requirements to achieve high match rates

· One-Click Apply on Account: Quickly apply payments across multiple invoices with a single action

· Seamless Bank Reconciliation Integration: Complete cash application and reconciliation in a centralized process while leveraging our custom rules and data across both solutions

Advanced Payment Processing Technology

Our Cash Application Automation solution is powered by SKsoft's secure BankFabric technology. BankFabric uses SFTP connectivity to establish safe and secure data transmission to and from Business Central and your bank.

· Connect directly to your bank for seamless file import into BC

· Process structured and unstructured data from lockbox files to CSV files

· Once transmission is complete, view payments categorized as applied, partially applied, or unapplied for clear processing status

Once configured to your business requirements, you'll dramatically reduce manual AR work and improve cash flow visibility.

Simplify your accounts receivable processes and accelerate your cash application with SKsoft's Cash Application Automation. Contact SKsoft today for a demo and discover how our solution can transform your financial operations.