Every business must collect payment for the goods and services they sell. As well, a business must pay their suppliers for the products and services they use.
For medium sized businesses, this generally means there is at least one Accounts Receivable clerk and one Accounts Payable clerk on staff. These professionals will spend many administrative hours each month processing receivables and payables.
This area of a business is often overlooked when it comes to streamlining business processes but there are some simple tools that can automate manual functions and as a result, reduce administrative costs.
Mass Credit Card Processing and Importing Lockbox Receipts are two tools that can make the accounts receivable more efficient.
AP Mass Entry and Voucher as Received, Electronic Funds Transfer (EFT), American Clearing House (ACH) and Postitive Pay are three utilities that will help simplify the accounts payable process.
Learn about these tools in more detail by clicking below:
Item No.: S1100
Paper and PDF invoices can be scanned and imported into Macola as orders with minimal user intervention.
Item No.: B1000
This tool is designed to speed up your entry of Accounts Payable (AP) vouchers clearing multiple Purchase Order (PO) receipts on a single screen.
Item No.: B3000
Harvest's newest utility provides Macola users with the functionality to generate Automated Clearing House (ACH) output files for submission to various banks. Files can be created from AP cheque runs as well as Excel spreadsheets.
Item No.: B2900
Harvest Ventures' EFT (Electronic Funds Transfer) utility provides Macola users with the functionality to create EFT export files for any bank or currency.
Item No.: B2950
The Positive Pay utility maps Macola data to the specific file layout requirements of each bank, creates the export file of the approved payments for each payment run, and also sends void or cancellation cheque data as updates.
Item No.: S1000
Paper and PDF purchase orders can be scanned and imported into Macola as orders with minimal user intervention.
Item No.: B3050
The Harvest Venture's Bank Lockbox Cash Receipts Import Utility enables users to import lockbox receipts directly into Macola ERP software.
Item No.: B1900
The credit card processing utility for Macola is designed to save time and money by reducing data entry and streamlining the authorization process.