Efficiently manage & automate the application of cash
High numbers of customers, frequent billing of lower-value balances, and/or various deductions in customer payments can create significant obstacles to completing the order-to-cash cycle. Accelerating the matching of payments to receivables reduces days outstanding, lowers administrative costs and keeps customers happy.
A proven payment solution for organizations with SAP
Payment Resolution by Vistex is a leading cash application and reconciliation module, embedded in SAP ECC, that manages both complex payments and high volumes. As a cash application and receivables management tool, Vistex Payment Resolution imports BAI2 file/EDI/IDOC into a pre-processor that matches the oldest open items and amounts according to customer, document, amount and tolerance rules. Checks are either automatically cleared or moved into the post-processor for review, utilizing a user-friendly workbench to apply payments to receivables.