Transform your organization’s cash application process and free up time with Advanced Receivables, A treasury management solution that provides tools to automate your receivables processing.
By creating efficiency within your order-to-cash cycle, you can spend your energy where it counts — on making brilliant business moves. Manually matching payments and researching exceptions is time-consuming and error prone.
Advanced Receivables can help streamline your accounts receivable workflow into a seamless, intuitive experience across all your incoming payments.
Open invoices are aggregated and matched automatically to your incoming payments. Unmatched payments are shown for your review and to act on effortlessly.
Next, incoming payments can be sent to post automatically into your ERP through multiple digital channels.
Optimize tasks, remove manual processing and increase visibility to make data-driven decisions that help improve working capital, all with Advanced Receivables.
Through PINACLE®, PNC’s top-rated corporate online and mobile banking platform, users enjoy a daily, easy-to-read comprehensive view of payments and remittances.
Dashboard reporting allows you to analyze incoming payment trends at first glance and create dynamic reports on payments received.
Our innovative analytics provide flexibility in the way you view your business data, allowing you to drill down by payment type, understand payment history, and create a posting report.
PINACLE Connect® provides you with prebuilt connectors, allowing you to work seamlessly and conveniently while operating within your own ERP.
With tools to manage incoming payments, match payments to open invoices, deliver consolidated posting data to your ERP and provide analytic insights through a modernized user interface, Advanced Receivables creates a unified receivables experience that is faster and more reliable for your organization.
Contact your Treasury Management Officer to explore how Advanced Receivables can simplify your organization’s complex cash application process and help achieve brilliant business outcomes.