Altisource Portfolio Solutions' patented REALRemit® e-commerce invoicing system helps organizations manage the complex task of expense tracking and the full cycle of bill presentment and payment.
Upon completion of a service or sale of a product, REALRemit electronically generates and sends invoices to customers. Each invoice routes through a proprietary, rules-based engine that uses pre-configured business logic to validate each expense at the line-item level.
The system integrates with any accounts-payable system and uses direct deposit or ACH along with electronic payment notification to reduce your banking costs. |
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| Comprehensive Solutions |
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| Competitive advantages include: |
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Enhanced control – Centrally manage what and when invoices are paid to avoid penalties; capture early payment discounts; integrate with purchase orders and track invoices; maintain audit trail; and eliminate duplicate, late or missing bills |
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Reduced risk - Reduce or eliminate lost checks, stop payments and check fraud |
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Improved vendor relationships - Enhance dispute resolution; manage trade credit; receive payments faster; enable vendor review of unpaid, paid and confirmed invoices, process penalties using direct bank deposit or ACH and confirm payment receipt |
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Increased accuracy and timeliness of information - Increase accuracy with paperless, hands-free processing, timely invoicing and reduced reconciliation efforts |
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Cash flow visibility - Stay informed through cash tracking tools that provide invoice status throughout the payables/asset recovery lifecycle |
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| The Benefit to You |
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With the REALRemit e-commerce invoicing system, you can reduce cycle time, enhance control of your cash and process more invoices with less staff. |