Applications
Cash receipt is a core, highly repeatable financial process common to many firms across a variety of industry sectors. As such it offers significant opportunity to streamline and improve procedures and increase efficiency.
FloSuite Cash Receipt Solution
FloSuite has developed a best practice-driven, pre-built cash receipt solution which enables front office staff to initiate, track and manage the entire disbursement offset process. It is designed to ensure consistent procedures and best practices are followed.
Key functionality:
- Fully customisable
- Supports multiple currencies and tax jurisdictions
- Supports flexible deposit options – cheque, cash, credit card, bank draft
- Rule-based approvals
- Real-time updates
- Summary and detailed progress reports for managers
- Standard integrations for popular third party financial, PMS, Document Management and CRM systems
- Flexible user interface options – standards Web browser, Web forms, Microsoft Outlook, SharePoint
Key benefits:
- Firm-defined escalation procedures
- Error trapping and validation
- Single screen entry
- Management view of progress and escalations
- Improved cash flow
- Improved efficiency and productivity
- Reduced risk
