Automated Cash Application Solutions

Cash Application Automation for True Straight Through Processing to Any Back-office System.

Any Back-office System. One Platform.

Each time your accounts receivable (A/R) team members have to manually review a payment, it costs you money

Checks. ACH/EFT. Credit Cards. Debit Cards. Mailed-in Payments. Called-in Payments. In-person Payments. Online Payments. Mobile Payments. 

The list goes on...

Your internal A/R employees are tasked with matching payments to customers' accounts with a large majority of human intervention. Turn to A/R automation software to automatically reconcile payment data with little to no manual effort.

As your customers' payment preferences continue to evolve, especially with the introduction of new payment technologies in recent years, so too will the operational demands of your A/R organization and the process of posting payments into your back-office solution. There has never been a better time to streamline and automate cash application, elevate exception handling, and achieve true straight through processing on a single receivable processing platform.


Fully-Integrated Cash Application Automation

Accept, process and post any payment method, from any payment channel—all on a single, truly integrated receivables solution.

Accept, process and post any payment type—check, ACH/EFT, credit and debit card, cash—from any payment channel—mailed-in, lockbox (in-house or outsourced), called-in, in-person, AutoPay (automatic debit), online, mobile—all from a single, secure platform.

Automate your cash application operations with integrated receivables technology that starts where your needs are today, and evolves with your A/R processes for years to come. 

The ETran solution suite comes equipped with Electronic Invoice Presentment & Payment (EIPP) and Intelligent Invoice Matching technology to seamlessly match payments to open invoices. In order to match invoices to payments, ETran takes in files feeds nightly (or multiple times throughout the day) of your business' invoices.

ETran seamlessly integrates with any back-office/ERP system in either batch or real-time to accelerate and automate the cash application process by automatically applying all customer payments and data with accuracy.

Convenient and efficient Software-as-a-Service (SaaS) delivery—easily add new locations, methods, modules, and channels as your business needs grow and evolve.

Complete oversight, visibility and direct access to all your receivable items via a single, unified interface.

Internal A/R teams can also ensure oversight by utilizing ETran's robust search and reporting tools. Tailored to your unique requirements, search and report can provide actionable insights and improvements for your business and customers. 

ETran adapts to your ever-evolving business needs. Agnostic by design, ETran helps maximize flexibility and scalability by being compatible with your existing relationships. The ETran Integrated Receivables solution seamlessly integrates with your back-office systems, bank, financial institutions and merchant processors.

Streamline business rules, tasks, workflows, and exception handling to increase efficiencies and save time and cost in your accounts receivable organization.

ETran is configurable down to the user-level across multiple sources, brands, LOBs, locations, customers and more.

Enable enhanced security, support and privacy. With ETran's flexible, SaaS architecture, the result is multiple layers of compliance and proactive security.

First, you'll gain PCI and HIPAA compliance directly at the ETran site layer. Second, you'll benefit from industry-leading proactive security and an additional layer of compliance (PCI, HITRUST/HIPPA, SSAE16 and more). For more information, visit our hosting partner, Armor.

Cash Application + The Tools You Need

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Advanced RDC

Efficiently and affordably deployed, configured and supported remote deposit capture (RDC) to accelerate check and remittance acceptance, processing and posting.

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Online Payments

Offer your customers the functionality to make convenient, contactless payments online through customer portals with the addition of Electronic Invoice Presentment & Payment (EIPP).

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Mobile Payments

Reduce DSO and increase cash flow by securely accepting checks, ACH, and credit cards in the field via the ETran Mobile app, or by integrating mobile APIs into your existing application.

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AutoPay

Easily accept and manage recurring electronic payments based on customers' unique terms and open invoices. Additionally, you can send email reminders and payment receipts.

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Lockbox Processing

In-house or outsourced lockbox processing that delivers the flexibility and configurability you need to streamline the acceptance, processing and posting of all the lockbox data.

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Embedded Payments

Securely and compliantly embed payment acceptance functionality into your existing webpages, interfaces and mobile applications for a seamless user experience.

A/R Automation Solutions to Streamline Your Order-to-Cash Processes

Accept any incoming payment, from any payment channel, and apply cash to any back-office system—all from a single, SaaS solution.

Streamline and accelerate your payment processing and cash application operations with true integrated receivables. By implementing a flexible A/R automation solution, you are able to improve your collections and order-to-cash lifecycle, and eliminate manual processes in your A/R operations. Discover receivable automation to free your cash application processes from error-prone, manual tasks. 

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Available Resources

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eBook: A/R Automation

In this book, you will understand the key challenges to overcome AND a checklist to identify and select a truly integrated receivables solution to meet your unique business needs.

Download Now
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IR Spotlight: Shamrock Foods

In this episode of FTNI's True Integrated Receivables Spotlight Series, Patty King, Director of Credit, Shamrock Foods, joins Zac Robinson, SVP, FTNI, to discuss how Shamrock Foods has transformed its A/R.

Listen Now
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Demo: ETran
Overview

Watch our ETran overview demo video today to learn how to streamline your A/R and cash application operations from a single, cloud-based platform.

Watch Now
Frequently Asked Questions: Cash Application Automation 

Unlike a dashboard that only displays transactions from siloed, legacy systems, a truly integrated receivables platform accepts, processes and posts any payment type—check, ACH/EFT, credit card, debit card, cash—via any payment channel—mailed-in, lockbox, called-in, in-person, online, mobile—on a single, secure (and compliant), SaaS platform. 

By streamlining and automating accounts receivable operations, true IR solutions and cash application software cut down or eliminate tedious, manual, time-consuming processes, allowing your internal team to spend more time on higher value functions such as exception handling.  

Integrated receivables are desktop applications, hosted in the cloud, that enable users with the functionality to accelerate and automate payment processing through automated workflows on a single interface. 

True IR platforms are agnostic by design, maximizing efficiency, flexibility and scalability by being compatible with your existing banks, merchant processor, back-office systems, and check scanning hardware. Agnostic receivable management means you don’t have to change or rebuild existing functions as your needs change today, tomorrow and years into the future.

ETran is a cloud-based, modular solution suite delivered in a SaaS model. Software-as-a-service delivery means significantly reducing, if not completely eliminating, all costs associated with having hardware managed on-site, as well as the dedicated staff needed to manage the on-premise systems.

With this form of delivery, there is no requirement for dedicated IT staff to go through tedious cycles of upgrading systems or hardware on an ongoing basis. ETran's system is able to automatically check for the latest updates so that users can have seamless access to the newest version every time they login. 

Through the use of ETran, you are able to automate and streamline the cash application process. By allowing internal teams to have complete oversight of all incoming payment data, payment information is able to be automatically sent for review, processing and cash posting into your back-office system(s).

ETran's cash application automation features automatically extract remittance data from payments received throughout the day and applies cash to your back-end accounting system(s).

Automate Your Cash Application Today