BillingPlatform Modernizes and Automates
the Accounts Receivable Process
- Lockbox Management - Easily configure any lockbox to your unique requirements for quick and efficient check payment processing.
- Payment Gateways - Automate credit card and ACH payments with PCI compliant payment gateways.
- Sophisticated Insights- Get real-time details into all levels of AR.
- Improve Customer Service - Save time and better serve your customers through our Customer Portal and communication tools.
- ERP Integration - Generate invoices and integrate them directly into any ERP system.
- Credits and Refunds - Your Accounting team can control credits and refunds with BillingPlatform's flexible attributes allowing manual or automated processing along with approval hierarchies.
Lockbox ManagementManage your incoming payments
BillingPlatform lets you map the system with custom fields to match the lockbox you set up to manage incoming payments by check with your unique requirements.
Enterprises need a secure and efficient way to process bulk payments received by check in a lockbox and automatically post payments to customer accounts. Without this ability the entire process is slow and labor intensive.
Quickly set up lockbox logic in BillingPlatform to process thousands of check payments in one transaction. This lets you receive payments quickly and expedites your AR process.
Payment GatewaysLeverage secure online payment options
Give your customers a fast and secure way to make electronic payments through a gateway that you can tailor to your needs. BillingPlatform lets you create with a payment gateway of choice and map to how your receivables are set up.
When processing digital payments, organizations need to make sure their gateways are secure – not just to deter hacking but to maintain their customers’ trust.
BillingPlatform integrates with any payment gateway that is SOC and PCI compliant to give your customers secure digital processing that keeps their account information safe.
View AR information from every angle
Improved Customer ServiceProvide customers with real-time account insights
BillingPlatform’s self-service customer portal gives customers real-time status on their invoices and payments, which improves their satisfaction and engagement with your company.
With manual AR processes, there is a high chance for error including double billing, charging late fees when the customer paid on time, etc. that can strain business relationships.
BillingPlatform’s AR management capabilities automate billing processes that provide a better billing experience for your customers. This automation helps avoid errors and alerts you to any issues such as missing purchase orders, incorrect terms and rates, and more.
ERP Integration Harness the power of your ERP
BillingPlatform integrates with any ERP system, so your AR can leverage the power of the ERP to generate reporting and analytics to share across the entire organization.
Most AR solutions aren’t ERP agnostic, so finance teams have limited choices in finding a billing system that integrates with their specific ERP. Having to bolt on incompatible software increases the chance for error, as well as introducing incorrect data into your ERP.
BillingPlatform generates invoices then lets you flexibly integrate them into any ERP system using an FTP service that extracts that information. The result is a seamless billing process that ensures the AR data in your ERP is up-to-date and accurate.
Credits and Refunds
Mitigate one of the most labor intensive parts of the billing cycle with business rules and workflow to match your organization’s accounting processes for credits and refunds.
Basic billing systems are good at simple transactions but struggle when it comes to credits for common recurring revenue scenarios where tiered pricing or subscription duration may change mid-cycle.
BillingPlatform is built to handle real-time charging, payment and credit adjustments routed automatically to customer balances and GL accounts preserving accurate reporting and ensuring that you and your customers always have an accurate status.