Summary: This release includes three critical updates to our solution, expanding our addressable market and improving the user experience for all AR and AP customers.
TABLE OF CONTENTS
- Top-level support / Multi-subsidiary approach - TAM EXPANSION
- Enhance collector view with aging metrics
- Flexible approval journey
Accounts Payable:
Top-level support / Multi-subsidiary approach - TAM EXPANSION
We are excited to introduce a game-changing feature for businesses managing Accounts Payable across multiple subsidiaries with a centralized AP team. Centime allows users to connect and process bills across multiple subsidiaries simultaneously—treating subsidiaries as coding fields. Previously, Centime supported only one subsidiary at a time, which limited us from fully supporting clients with more complex structures.
Onboarding: Users can now choose which entities to connect to during onboarding.
Invoice Automation: Process invoices from one entity while coding them to the correct subsidiaries.
Payment Automation: Schedule payments from one entity across all subsidiaries at once.
Module: Accounts Receivable >> Product Theme: Collection prioritization and management
Enhance collector view with aging metrics
Use case: As the collector, I want to prioritize clients at the customer level. To do so, I want to know when a customer exceeds a specific threshold; for example, I want to follow up when a customer has $1,000 30 days overdue.
Summary of update: Added aging buckets to the Customer table of the Receivables module. These can be sorted and filtered allowing the collector to view customers who exceed internally defined thresholds.
Module: Accounts Payables >> Area: Enable Rapid Invoice Processing
Flexible approval journey
Use Case: As the AP manager, I often require approvers to complete the coding requirements. Today, I cannot send an invoice for approval with incomplete coding.
Summary of Update: Allow invoices with incomplete coding to be routed for approval. Allow approvers to view the document viewer's coding tab.
Resource: Knowledge Base
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article