Transcript
Page 1: How to improve your organisation's cashflow management

Unit 5, Parnell Business Centre, 125 Parnell Street, Dublin 1, IrelandTel: +353 1 873 9900 Email: [email protected] www.celtrino.ie

Celtrino’s Remittance Advice service validates your debtors’ ledgers by enabling you to electronically capture and process buyer remittance advices resulting in reduced reconciliation and reporting costs.

Key Bene�ts

Our Remittance Advice service eliminates the manual process and presents the remittance advice in a format suitable for automated processing. The service also completes the reconciliation automatically by comparing to an electronic extract from the debtors’ ledger.

The resulting report will quickly and accurately identify which invoices have been paid and which remain outstanding. In addition, the report will also provide a detailed overview on the justi�cation and reconciliation of buyer deducted settlement discounts.

Reduces reconciliation costs: Automated processing and elimination of human errors speeds up reconciliation from days to minutes.

Cash �ow management: Through faster identi�cation of unpaid and part paid invoices and untraced payments.

Eliminate paper: By automating the remittance advice process you dispense with the requirement for printing or storing remittance advices.

Page 2: How to improve your organisation's cashflow management

Unit 5, Parnell Business Centre, 125 Parnell Street, Dublin 1, IrelandTel: +353 1 873 9900 Email: [email protected] www.celtrino.ie

Key Features

Automatic reconciliation: Automatically reconciled against debtor’s ledger and against bank statements.

Reporting: Full suite of con�gurable on-demand reports.

Ease of integration: Designed and engineered to seamlessly integrate with existing and future business processes.

Celtrino PlatformThe Celtrino supply chain automation platform is purposely designed to scale to meet the huge volumes of inter-company B2B commercial transactions whilst providing the highest level of performance, reliability and business continuity through a fully redundant and secure architecture. The Celtrino B2B platform enables a suite of touchless services to be delivered via Software-as-a-Service (SaaS) which o�er a dramatically faster implementation process.

CeltrinoCeltrino specialises in business process and supply chain document automation solutions. With over 20 years of successful trading under our belt, Celtrino has consistently delivered outstanding business value to a customer base of over 600 companies of all sizes, from sole traders to multinationals.

As a pioneer in the provision of outsourced managed EDI services, Celtrino has long championed and delivered innovative reliable and feature rich on-demand supply chain solutions via the cloud.

Remittance Advice Diagram