Help large corporate customers gain new cash position insights
Fragmented, inadequate data is at the root of most cash management issues. Help your corporate customers unlock liquidity and gain better insights into their cash management. From finding revenue leakage to reducing costs tied to manual, error prone processes, Deluxe is here to help financial institutions succeed in a market where efficiency and cost savings is a priority for every business.
Receivables represent a corporations largest and most liquid assets. Deluxe automates and streamlines the receivables processes to increase a company’s working capital and, in turn, reduce the need for costly borrowing. Efficient receivables processes also provide quick, reliable data for cash flow forecasts and a more cost-effective way of managing the growing number of receivables exceptions.
Accounts Receivable touches the customer, the balance sheet and the liquidity of an organization. Manual, slow processes and fragmented data can negatively impact a corporation’s cash flow. Unlike other electronic options, Deluxe Payment Exchange lets payors include detailed, freeform remittance information for transactions like an accounts payable payment, an EOP for a medical payment, pay stub for a payroll payment, even claim information for an insurance payment
Check out this free infographic to see exactly how DPX helps eliminate remittance data issues that cause cash flow crunches