Service Details
Our A/R specialists work seamlessly with your team and ERP to provide real-time payment posting.
Each day we use Carixa’s robotic process BOTs to automatically retrieve bank statements, deposits, lockbox receipts, ACH receipts, and outgoing payments.
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- Capture remittance details from digital sources including BAI2, EDI820, Electronic Funds Transfer (EFT), and Cognitive Document Automation from checks, images, emails, and all formats including PDF, CSV, JPE, PNG, Excel, and HTML. Also, web portals with RPA.
- AI-Powered, with multi-variable algorithms to match remittances by invoices, amount, due date, purchase order number, credit memo, RMA, etc.
- Machine Learning for self-correcting one-time exceptions.
- Robotic Process Automation (RPA), to interchange data and documents with customer and carrier web portals.
- Parent-child mapping, and customer transaction type mapping to internal transaction types and codes.
- Evaluate and adjust for cash discounts and freight charges, and write-off thresholds.
- Charge back unearned cash discounts, and improperly deducted freight charges, then transmit, and input directly into the workflow.
- Deduction matching, resolution, and workflow (with the Carixa Deduction module).
- Trade deal matching and validation against sales data and accruals (with the Carixa Trade Promotion module).
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