Nodus, a valued Telmar partner, offers an amazing payment portal tool called PayFabric. This tool is tightly integrated with Dynamics GP which dramatically simplifies the Customer Payment process. In this Product Spotlight, Nodus provides a brief overview of the solution and its benefits.
We have trusted Nodus for nearly 20 years and are impressed by their commitment to keeping up with the changing needs of our modern world. Please contact Telmar to explore your options with Nodus’ solutions. We can share information on webinars or arrange for a live demonstration of their solutions.
GUEST CONTENT FROM NODUS
Let’s face it; everyone wants to get paid on time. But in order for that to happen, merchants have to ensure that their payment collection process is set up to encourage timely, accurate payments from their customers. And once a payment is made, accounting departments may still face even more work to accurately apply the payment and complete their reconciliation so that they can finally recognize their collected revenue.
Telmar has partnered with Nodus to offer Microsoft Dynamics clients AR automation solutions to help them improve their collection process. With Nodus’ PayFabric Receivables, companies can offer their customers 24/7 access to their account to view and pay their invoices.
With PayFabric Receivables, merchants can…
- Send out automatic invoice notifications to customers
- Process credit card and eCheck transactions
- Set up automatic payment reminders and confirmation receipts
- Allow customers to sign up for automatic payments
The Value of Online Payments
PayFabric Receivables can help companies cut down their billing expenses by reducing or even eliminating paper invoicing and payments. According to a Wall Street Journal Article, “Bank of America estimates that a single business check can cost anywhere from $4 to $20 once the time and cost of invoice creation, mailing, collecting, and reconciling the check are all accounted for.” By displaying invoices online and offering digital payment methods, like credit card and eChecks, PayFabric Receivables helps digitize the collection process and reduce the labor costs associated to AR collection.
An online customer portal can also reduce the scope of PCI compliance by encouraging customers to enter and process their own payment information rather than company representatives having to collect and process the information for the customer. And whenever the payment is processed, the sensitive payment information is securely stored on the PayFabric PCI-validated cloud.
Integration with Microsoft Dynamics
PayFabric Receivables is bi-directionally integrated with Microsoft Dynamics GP and Microsoft Dynamics 365 Business Central to provide companies with real-time reporting and easy reconciliation.
View our short video to see just how easy it is to use PayFabric Receivables: https://www.youtube.com/watch?v=d5MTfPw78tA
Want to learn more? Schedule a demo with our team today: https://www.nodus.com/schedule-demo/
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Telmar Computer Solutions, Inc. is providing the information in this publication as a courtesy, free of charge, to share information with the general public. Nothing in this publication is intended to be, nor should be, interpreted as advice or consultation on any matter, including taxes, accounting, business management, system configuration or operation, or any other similar topic. Please engage the services of an appropriate professional for assistance in these areas. Telmar Computer Solutions, Inc. is not responsible for any loss, including downtime, lost files/data, rework, or other expenses sustained by you, your company, or any person who relies on this publication.
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