OnGuard Cash Allocation matches received payments against outstanding invoices in your OnGuard database and provides real-time payment information to your collectors preventing unnecessary communication with your customers. This software learns and improves over time. It prevents unnecessary actions by making payment information available to your collectors so you no longer risk calling up customers that have already paid. You do not bother your customers when not needed and you can spend your time on the right actions. You will save time in your processes and enjoy the benefits of improved insight into customer behaviour. In addition to matches on payer, debtor and invoice, OnGuard Cash Allocation uses information on customer groups, promised payments and payment plans to increase the accuracy of matching.
Have a watch of the video below to get a better understanding!