The Invoice Collection system in SMARTEDGE helps you to stay on top of your customers and outstanding monies owed to you.
You can select from a number of different options to setup your Customer Invoice Collection Process and define whether or not to include Interest charges,
Once you have defined the options for you company there are a number of systems to assist with making the Collection process as simple as possible.
Payments Received List
This allows you to view payments received and issue Payment Receipts to your Customers. You can limit the list with a number of parameters to ensure you only see relevant data.
Open Payments List
This shows you all payments received from Customers, which have not been allocated (matched) to an Invoice. It includes a tool to automatically match the payments to Invoices if you wish to do so.
Invoice Observation List
Shows all overdue Invoices and full details of where each Invoice is in the Collection process
Collection Case List
Collection cases are used to track the collection process, including payment reminders, invoices sent for collection, etc.
New Payment Reminders & Payment Reminder List
You can create Payment Reminders for your Customers and view previous Payment Reminder runs. Depending on your Company Preferences the run will issue Collection Notices, send Invoices for Collection and charge interest.