Cash application is the process of applying a customer’s payment to an open invoice. Simple, right? It can be, but it can also be a huge time limitation on your day.
When you work with us, we act as an extension of your accounting team and take payments from your customers into a secure lockbox. Your cash disbursement manager will handle all disputes and cash adjustments, and help you track down late, partial or missing payments. Our cash receipt and application reports are available to our payroll funding clients online 24/7.
Vendor Management System (VMS) Support:
We also provide VMS research and reporting for all of our staffing firm clients. A dedicated Advance VMS Research Analyst pulls paid data from the VMS, match to invoices/billing, and report discrepancies. This helps you proactively identify any issues that might otherwise go unnoticed and prevent you from being paid.
Other services included in our Funding Only option include: