Commercial cards help reduce AR processing time and cost by eliminating paper checks and mailing time. Moreover, commercial cards provide additional visibility and tracking.
Electronic Funds Transfer
Electronic funds transfers, when combined with detailed electronic remittance, can help automate receivables by eliminating the need for an AR clerk to process the transaction.
Inworks enables you to choose from standardized remittance formats in email, EDI, or CTX protocols—or you can have the remittance customized to meet your specific AR needs.
The Inworks online portal provides real time visibility into payment status and multiple standardized reports to choose from.
Inworks Supplier Payment Specialists are available M-F to answer payment questions and help with payment discrepancies.
Inworks electronic payments are heavily controlled, thereby reducing the fraud risk associated with paper checks.