Automatic Journal Entry Posting
Effortlessly streamline your financial operations by seamlessly integrating with the General Ledger (GL), Accounts Payable (AP), and Accounts Receivable (AR). The automatic Journal Entry (JE) posting ensures a high level of accuracy and efficiency, reducing the risk of errors and enhancing the overall reliability of your financial records.
Diverse Range of Lending Types
Adapt to the dynamic nature of your receivables. Whether it's fixed-term or revolving, our system provides the versatility needed to accommodate various loan structures, allowing you to navigate the complexities of your receivables landscape with ease.
Dynamic Amortization Schedule
Experience precision in loan management with our automatic or manual amortization schedule generator. The auto-regeneration feature ensures accuracy and efficiency, particularly when significant changes occur in the material terms of a loan. This dynamic functionality aligns your amortization schedules with the evolving nature of your receivables.
Revenue-Based Payment Calculation
Facilitate revenue-based loan payment calculations seamlessly, whether sourced externally or through Intacct AR. This feature provides the flexibility needed to adapt to different revenue models, empowering you to manage your receivables with precision and responsiveness to changing financial dynamics.
Global Rate Flexibility
Enjoy unparalleled flexibility in managing your global receivables with the option for fixed or variable rates. The optional loan-level rate override allows you to customize rates based on specific parameters, ensuring that your system aligns perfectly with the unique characteristics of each loan in your portfolio.
Customizable Interest Calculation
Tailor interest calculation methods to your exact specifications, ensuring precision and accuracy in handling diverse interest structures. This customization empowers you to address the intricacies of your receivables, providing a tailored approach to interest calculation that aligns with your specific financial goals.
Automated Penalty/Fee Management
Efficiently handle various financial scenarios by automating or manually managing the addition of penalties or fees to principal. This feature provides you with control and flexibility, allowing you to respond dynamically to different circumstances in your receivables management.
Power of Custom Reporting
Unlock the power of insights with unlimited custom fields for robust operational reporting. Leverage the flexibility of custom reporting to generate tailored reports, providing in-depth and meaningful insights into your receivables. This empowers you to make informed decisions and optimize your receivables management strategies.