Capturing late payments that affect your working capital negatively
Accounts Payable: Increased Payment Tracking facilitates companies in automatically notifying them about their successful payments. The entire process helps to maintain a smooth workflow with accurate data necessary for real-time decision-making. Customers are provided with auto-generated payment invoices along with several reminders to facilitate on-time payment.
This is where Navcara and Celonis combine their strengths:
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Navcara, with the help of Celonis, streamlines the entire payment process so that the businesses can avoid any sort of delays often generated due to manual operations.
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Intelligent systems generate reminders for the customers as well as the company for on-time payments, capturing the cash discounts on-time.
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Process automation allows the company to facilitate payments through payment modes via an auto-generated payment invoicing system which reduces the time taken to process the payment.
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Process mining identifies the root causes behind delay in payments and provides solutions for areas of improvement.
Features & Capabilities
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Pre Dashboard sets forth a current view of the Accounts Payables process in relation to delayed payments. It displays details about the uncleared payments, paid late percentage, net order value, late payments,invoices,etc. It is also incorporates the top inefficiencies resulting in increase in late payment percentage such as receive invoice, create payment and schedule payments.
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