For most companies, managing customer and vendor invoicing and payments is a tedious, time-consuming process. With considerable detailed information and different groups handling the wide variety of tasks, it is very easy for departments to lose track of payment status and run the risk of late fees and extended cycle times.

REALRemit^® is a patented, electronic invoicing and payment system that automates and streamlines the full cycle of invoice presentment and payment. It improves cash flow management and visibility, reduces costs and virtually eliminates the time spent by management reviewing and approving invoices. REALRemit is fully customizable to virtually any budget restriction or payable and receivable requirement including specific dollar thresholds, expense types, roles, products, vendors, customers and more.

Features

E-Payables System

• Dynamic payment approval workflows
• Expense and exception management
• Check routing, bank account and credit card validation
• Customizable reporting and analytics
• Real-time tracking on pending transactions
• Integration with any ERP system
• Efficient error handling procedures
• Fraud defense reporting

Customer Payment Portal

• Private-label for seamless branding
• One-time or recurring payment set-up
• Payments received through direct deposit or credit card
• Payment returns directly deposited into customer account
• 24 / 7 account management with up-to-date reports
• Paperless statements
• Timely notifications through email, SMS or both