The Accounts Receivable functionality of Jesta’s Financials module enables timely payment collection and charge back processing, simplifies each receipt’s distribution to invoices, keeps track of overdue payments and offers instant access to client account information. The Financial module’s integration with Vision Sourcing and Demand (S&D) ensures that all customer accounts created in S&D automatically get synched in the Financials system, as do subsequent changes that are made to the accounts. Sales invoices and credit memos entered in Vision S&D are automatically populated to Accounts Receivable in Vision Financials so that the financial team can ensure payments are made promptly by customers. Real-time visibility on outstanding invoices and credit memos allow the financial team to react and advise the different teams involved so appropriate action can be taken. Moreover, Jesta’s integrated credit management module prevents orders from being shipped out to customers with overdue payments. Our EDI capabilities also quickly generate electronic accurate invoices that are sent on a timely basis and can be downloaded directly into the client’s systems.
Ensuring all payments due are received, safeguard your company’s performance in the year-end financial statement and plan budgets in an informed and efficient manner.
The system supports multiple brands and sub-brands within a single organization.
Ensure payments are received accurately and on time.
Generate tailored reports that present financial data in your preferred format (online, PDF, Excel, etc.), using flexible tools to fit your needs.
Each individual user’s access to specific actions and functionalities can be defined.
Jesta’s Financials is fully integrated throughout the entire Vision Suite, allowing transactions such as Purchase Orders/Receipts to be automatically shared between modules.
Jesta’s Financials module supports multiple currencies, languages and tax codes to facilitate international operations.
As payments come in, they are applied to the specific customer invoice they relate to, reducing the time and resources spent on reissuing invoices or reconciliating reports. The customer balance is then exported to Vision Sourcing & Demand to ensure consistent information throughout all systems.
Jesta’s Financials system accepts many different forms of payment, such as pre-authorized debit, cheques, wire transactions, electronic funds transfer or even payment over the phone.
Multiple reports will notify the user on outstanding balances and how old the balances are. Report by customer, balance age, accounting period, transactions, and more. Identify amounts that are collectible and accounts that may be at risk of default.