We review the following areas:
Electronic Payments
Separated or decoupled remittance issues
Inaccurate data
Issues with auto cash
How to reduce DSO without adding Cost
Back end line item hit rate percentage
How to increase accuracy
How to minimize exceptions
How to handle deductions
Cost reduction
How to eliminate the need for Manual keying
How to eliminate Lockbox keying fees
How to reduce staffing resources needed to apply cash
How to handle remote deposit from decentralized locations
How to apply cash same day, regardless of work flow.
Collections
How to utilize professional collection agencies/attorneys