New software cuts cash allocation costs by as much as 70%, improves financial control and makes credit control more effective

Finance teams maximize the benefits of Faster Payments and avoid wasting time chasing paid invoicesNew automation software for accounts receivable takes the pain out of the repetitive, resource-intensive task of allocating customer payments to invoices. It cuts the cost of cash allocation by as much as 70 per cent, increases financial control, and enables businesses to reap the full benefits from the UK banks’ Faster Payments Service (FPS). The new cash allocation software is part of a modular suite of solutions[1] from Macro 4 that increases efficiency in different stages of the order to cash process.

Press Release Distribution , New software cuts cash allocation costs by as much as 70%, improves financial control and makes credit control more effective, New software cuts cash allocation costs by as much as 70%, improves financial control and makes credit control more effective