CashOnTime

CashOnTime is a software solution designed to streamline and automate the management of accounts receivable and facilitate the collection of unpaid invoices. According to the vendor, CashOnTime is suitable for businesses of various sizes and caters to a wide range of professions and industries. These include financial services, B2B companies, professional services providers, manufacturing and distribution firms, as well as healthcare providers. The vendor claims that CashOnTime can help improve cash flow, reduce the risk of late payments, and optimize the debt recovery process.

Key Features

Automated Payment Processing: According to the vendor, CashOnTime automates payment processing by integrating with various payment gateways to match payments to outstanding invoices and provide real-time visibility into payment statuses.

Debt Collection Management: CashOnTime enables users to create and manage collection workflows, automate follow-up actions, and track payment promises, which the vendor says streamlines the debt collection process.

Customer Communication and Engagement: The vendor claims that CashOnTime facilitates effective communication with customers through automated payment reminders, statements, and multichannel communication options like email, SMS, and postal mail.

Reporting and Analytics: CashOnTime offers robust reporting and analytics capabilities, generating customizable reports and dashboards to track key metrics and provide visual representations of data, according to the vendor.

Integration and Compatibility: The vendor states that CashOnTime seamlessly integrates with accounting systems and ERP software, supports API integration, and is compatible with popular payment gateways.

Invoice Management: According to the vendor, CashOnTime allows users to easily create, manage, and track invoices, ensuring accuracy and efficiency in the billing process.

Payment Reminders: CashOnTime sends automated payment reminders to customers, reducing the risk of payment delays and improving cash flow, according to the vendor.

Collection Letter Templates: CashOnTime provides customizable templates for collection letters, allowing users to personalize communication with delinquent customers, according to the vendor.

Payment Method Flexibility: The vendor claims that CashOnTime supports multiple payment methods, including credit cards, bank transfers, and electronic wallets, providing customers with flexibility in choosing their preferred payment option.