Contact Us

The Problem

Native SAP workflows require that invoices be canceled and re-issued through the sales system and do not allow credit card payments against open receivables.  These inefficiencies provide merchants with no choice but to extend credit to clients, which ultimately introduces additional risk and liability and delays time to cash.  Consequently, merchants may be excluding themselves from winning deals from their credit-card-paying prospects.  Merchants are looking for an affordable solution that will allow them to meet their clients’ demand to accept electronic payments, streamline payment acceptance processes and accelerate time to cash.

The Answer

With Paymetric’s Receivables Management solution for XiPay™ On-Demand, companies can accept electronic payments against accounting documents and automatically clear open items. Benefits include reduced risk, improved customer satisfaction and reduced DSO.  Paymetric’s Receivables Management solutions enable acceptance of credit card payment against open accounting documents for one-off transactions, recurring transactions, or even down payments, prepaids and deposits.

Benefits

• Accelerates time to cash
• Offers new payment method
• Lowers collection costs
• Reduces risk
• Reduces DSO
• Lowers interchange rates
• Decreases bad debt
• Improves customer satisfaction

Solution Options

Open AR:  Accept electronic payments against open accounting documents and automatically clear open items with an efficient process, even clearing multiple items in a single payment.

Direct AR:  Accommodates deposit and down payment processing with an efficient workflow that allows organizations to accept electronic payments and post debits and credits directly to customer accounts.

Auto AR:  Optimizes recurring payment relationships by managing payment acceptance for services and products provided by subscription, recurring or scheduled delivery.