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What is AccelCash?
The application of cash to outstanding invoices in an accounting system is a tedious, time-consuming process which adds little value to a business.
AccelCash can help your business convert time spent "applying cash" to proactively improving collections and resolving billing discrepancies. With such time saved on cash applications, your collections staff can focus on collecting outstanding balances, accelerating
AccelCash will:
- Accelerate Cash Flow
- Improve Profitability and Efficiency
- Have a One Night Turn-Over Rate
Our cash management specialists will enter all of the remittance advice found on imaged checks provided by your lockbox provider overnight, so that by the next business morning, you will have a complete, reconciled cash application file for integration into your accounting software, along with an analysis of all exceptions, short-pays, and other.
Three Day Implementation
Day 1: K&A will contact you to learn certain key information about your software and systems and arrange to have a demonstration of how you apply cash currently.
Day 2: K&A will review a comprehensive set of instructions with you to ensure that we have accurately understood your requirements, and will have done a “test run” on some live data to identify other questions.
Day 3: Upon receipt of your confirmation that our procedures are correct, and authorization from you to begin, we will begin entering live data into your system.
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Per check pricing – pay only for what you use – typically around $0.30 per check
100% Accuracy Guaranteed
Overnight turnaround Guaranteed
Three days to implement
No set-up fees, no initial investment
Direct integration with accounting systems (MAS 90, ACCPAC, Great Plains, Oracle Financials and others)
Secure, Bonded & Insured
ISO 9001 process
Integrates directly to ERP and G/L system
No minimum commitment – (Pay as you go)
Web-based dashboard gives you control of the process
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