Accounts receivable affects far more than the accounting department. Customer invoices, incoming payments, credit limits and overdue balances all influence cash flow and customer relationships. When these processes rely on disconnected systems or manual tracking, teams may struggle to understand what has been billed, what has been paid and what still requires attention.
Acumatica Cloud ERP connects accounts receivable with sales, customer records, cash management and financial reporting. This gives finance teams a more organized way to manage customer balances while providing greater visibility across the business.
Watch the video to explore the accounts receivable capabilities available in Acumatica Cloud ERP.
Manage Customer Billing and Payments
Acumatica allows businesses to create invoices, apply payments and maintain customer account information within one connected system. Transactions generated through sales orders, projects or other modules can flow into accounts receivable without requiring employees to reenter the same details.
Accounts receivable capabilities include:
- Customer invoices and credit adjustments
- Payment terms and due dates
- Cash discounts
- Customer deposits and prepayments
- Credit limits and account holds
- Finance charges
- Multiple currencies
- Customer statements and payment history
Because each transaction remains connected to the related customer and source document, employees can review the activity behind an outstanding balance more easily.
Strengthen Collections and Cash Visibility
Acumatica provides aging reports, dashboards and inquiries that help teams identify overdue invoices and prioritize collection activity. Employees can review open balances, payment history and customer credit information before deciding what action to take.
Statements and payment reminders can also be generated using consistent templates. Integrated payment options may allow customers to pay invoices electronically, helping shorten the time between billing and collection.
Once a payment is received, it can be applied to the appropriate invoices and reflected in cash management and the general ledger.
Create a More Connected Receivables Process
A connected accounts receivable process reduces duplicate entry and gives sales, finance and customer service teams access to more consistent account information. Employees can answer customer questions faster while leadership gains a clearer view of expected cash inflows.
Watch the video above to see Acumatica Accounts Receivable in action, then talk with 3Value about improving billing, collections and cash flow visibility across your business.