Receivables solution designed to streamline your operations.
Receivables represent one of your largest and most liquid assets. You probably receive a broader array of payment types than ever before. Comerica is a market leader in offering an integrated receivables solution.
By integrating data from all of the various incoming payment types into one, Comerica Integrated Receivables allows you to streamline your processes. No more switching back and forth between different systems. Enjoy a seamless, consistent experience, regardless of the receivables channel. The efficiencies and cash flow acceleration will benefit your bottom line.
Works with the following receivables types:
- Wholesale Lockbox
- Wire Transfer
- Merchant Services (coming soon)
Comerica Integrated Receivables helps your company:
- Accelerate access to working capital
- Maintain control of back-office expenses
- Improve cash flow forecasts
- Manage receivables exceptions more cost-effectively
- Aggregates all payment types and normalizes the data for seamless handling
- Automates processing under one online system for ease
- Accelerates the application of cash and reporting via a consolidated view and receivables forecasts
- Helps lower Days Sales Outstanding (DSO)
- Enables actionable insights from information, images and data that can improve productivity
- Allows for review of buyer payment performance
- Delivers output files for posting
- Provides enhanced notification, storage and archive functionality
Watch this video to learn more about Comerica Integrated Receivables
To start streamlining your receivables processes, contact your Treasury Management representative or call Treasury Management Services at 888.341.6490.