Cut Costs, Gain Control, Speed up Cash Flow!
Folio Exchange Delivers Immediate, Real-time Benefits to Your A/R Department:
Invoicing - Seamless and Simplified
- No more printing, stamping & mailing paper invoices to tour operators.
- Eliminate custom invoice preparation with our standardized process.
- Receive automatic notice of errant invoices.
- Instantly notify trading partners that they have new invoices to review.
- Your customers see all the folio details in one place 24/7 with self-service inquiry.
Reconciliation - Fast and Efficient
- No more phone calls, faxes, emails and sticky notes.
- Resolve disputes with customers on line, real-time, instantly.
- Full transaction details are at your clerks’ fingertips.
- Clerks can make adjustments or refute an invoice dispute online with customers.
- Full audit trail includes comments and history so you know exactly when and why adjustments were made.
Remittance - Automated and Accelerated
- No need to key remittance advice – our system applies it automatically.
- Rapid dispute resolution combined with accelerated cash application can help you close your A/R on the first day of the month.
- Reduce short payments by improving invoicing accuracy and dispute resolution time.
- Get real visibility across the financial supply chain and across all your properties.
- Conforms to your payment process and links with your G/L
Reach us at sales@folioexchange.com to learn more!