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Home NetSuite Apps Suiteapp Hybrid Invoicing and Bank Reconciliation with V-ONE Cloud
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Invoicing and Bank Reconciliation with V-ONE Cloud

Status: Unverified

V-ONE Cloud significantly streamlines invoice reconciliation and payment processing, enabling easy integration with NetSuite and eliminating dependency in receivables management.

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Categories: Hybrid, NetSuite Apps, Suiteapp
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  • Description
  • FEATURES
Description

Specialized System for Streamlining Payment Matching/Receivables Management

V-ONE Cloud is a comprehensive system that streamlines the entire accounts receivable process. It enables centralized management from sales recording to invoice issuance, payment matching, dunning, journal entry creation, and management of accounts receivable and advance payments. Its standout feature is the automation of labor-intensive payment matching tasks, allowing instant, one-click reconciliation of billed and received amounts. The system also facilitates timely dunning requests through email and chat tool integration. Additionally, its robust reporting features expedite monthly closing, ensuring precise receivables management.

Key Benefits

Efficiency in Payment Reconciliation: Accelerates the process of matching sales and payments.

Customization and Flexibility:Offers flexible customization to enhance cost-effectiveness.

Error Reduction:Automates payment data intake to prevent human errors.

Streamlined Accounting Work:Handles large volumes of transactions efficiently, reducing workload during busy periods.

Seamless Integration with NetSuite: Enables smooth data integration with NetSuite, facilitating better financial management

Customer Quote

“We can smoothly process a large number of daily sales and payments in bulk, significantly improving the speed of our reconciliation tasks. The system’s flexibility in customizing necessary features offers excellent cost performance.”

“Having used it for about two years, the system’s ability to automatically remember past reconciliation records and fees is extremely beneficial! It enables us to quickly reconcile a large volume of payments at the end of the month, leading to labor savings.”

FEATURES

Accelerating Automation with Machine Learning

  • The more it is used, the more it learns, enhancing the rate of automatic matching
  • Matching of group receivables
  • Matching based on customer's phone number
  • Matching considering tax discrepancies during payment and billing
  • Matching taking into account bank transfer fees for payments

Automatic Payment Data Integration

  • Data retrieval becomes surprisingly easy
  • Reduces the effort of managing deposits from multiple accounts
  • Simplifies checking deposit balances and recording payment journal entries

Sales Notification

  • Enhanced Communication Between Departments
  • Efficient Management of Receivables
  • Company-Wide Collection Efforts
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