Create efficiencies and show a return on investment and gain a competitive advantage by reducing administrative tasks, improve accuracy, and support electronic document management to provide transparency in financial transactions.
Processing Check Requests Leveraging Dynamics GP
Request for Payments with The Fidesic Platform can help your organization collect Credit Card and ACH payments from customers and process disbursements for vendors and employees leveraging the tight integration with Dynamics GP.
Check Requests for Accounts Receivables
Your customers, departments, and franchisees often know what their invoices and charges will be before your accounting or sales department.
- Self Governing Customers Payment
- Intra Organizational Payments
- Franchise Organizations Payment
As a delegate your organization's Fidesic Platform, you can give your customers, departments and franchisees the ability to login on behalf of your organization to build an invoice and attach supporting documentation in compliance for your business’s “Request for Payment” policy.
Now, that the invoice has been created, the customer can view their invoices and use Online Bill Pay to submit payment to your organization via ACH or Credit Card. Simple enough.
Check Requests for Accounts Payable
Accounts Payable transactions are essentially “Request for Payment”, and can be interpreted in a multiple ways depending on the perspective of the recipient of payment and organization.
- Vendor Request for Payment
- Intra Organizational Request for Payment
- Employee Request for Payment
As a user of the Fidesic platform, vendors can submit invoices as a form of a Check Request. As a department of your organization needs funds to support operations, departments can submit invoices as a form of a Check Request. As a employee of your organizations, employees can submit invoices as a form of a check Request.
Now, as an invoice has been submitted, your Accounts Payable, Finance, and Human Resources departments can review invoices and check requests based on the rules and roles set-up during activation, which drive the invoice approval work flow, auto GL Coding, and direct import into Dynamics GP.
If a vendor, department, or employee has entered their banking information in the account center, they all can receive their Request for Payment via ACH. Once the request has been approved and processed, an email notification will be sent.
The benefits that you will gain instantly
- Diffusion of labor with self governing clients
- Improved quality control of financial transactions
- Sharing of electronic data with the Fidesic Platform
- Reduced paper usage throughout AR and AP
- Eliminate centralized data entry of transactions
Sign up for a webinar of the Fidesic Platform to learn more on how to save your company time, money, and hassle.