Payment to Invoice Reconciliation

Confusion, miscommunication, and inefficiencies are caused by not having a real- time view of what invoices have been paid and what invoices are outstanding. Corcentric provides the ability to electronically reconcile payments to the proper invoices. This process allows the supplier to easily manage multiple payments, partial payments, and overpayment of invoices. In addition, the paid status of an invoice can be viewed by the customer online which eliminates the need to place a call to the supplier. The result is a more efficient overall process for reconciling payments to invoices.

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