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How to Stop Worrying, and Start Loving Month End

Published by kevinp on Mar 19, 2020 12:00:00 AM

Over the years, we've heard from our customers time and time again that their biggest ongoing challenge is month-end closings.

From wrangling employee timesheets and processing vendor invoices to collecting payment from your customers, closing out each month can be a major cause of stress. And the months just keep on ending. But with an end-to-end Accounts Payable and Accounts Receivable solution, you can quickly ease the strain and maybe even learn to love month end.

While AP and AR automation are mission critical tools for large, multi-faceted enterprises, small and midsize operations can gain a competitive advantage and support company growth with the right accounting solution. But more to the point, accounting departments can make life easier and cut spending on headache medicine.

How software can streamline month-end AP

  • Visibility into all outstanding invoices from a single portal

  • See who is holding up the process. 

  • Built in accrual reports that are compatible with your ERP (Learn about Fidesic AP for Microsoft Dynamics GP).

  • Automatic invoice data capture (so you can focus on managing month end)

How software can streamline month-end AP

  • Auto-charge (a feature built into Fidesic)- customers will pay their bill automatically month to month

  • Automatic payment reminders built into the system. 

  • Reduce the friction to pay by having a customer portal for CC and ACH payments

  • Customer portal so customers can look up and pull copies of invoices (so they don't have to call your AR department asking for copies) 

Fidesic allows you to automatically manage your Accounts Receivable and Accounts Payable process so you can get back to managing what matters: your business. With anytime, anywhere approvals, powerful customer portal and industry leading data capture, Fidesic streamlines accounting to support business growth. Learn More »

 
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