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Accountant

Accounts Receivable

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CloudCentre lets you run your associations accounts with real-time visibility!

Understanding the financial position of your organisation is key to making effective decisions to increase profitability

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​​Member Engagement is an association's first priority, which is why the financial aspect of the business typically sufferers. According to IBISworld, the associations' industry employs 30,000+ staff across 2,244 organisations. Industry associations are heavily burdened by labour cost equating to approximately 42.3% of industry revenue. These figures are surprising given the industry generally relies on volunteers, which suggests more needs to be done to implement strategic initiatives to increase operational efficiencies and reduce costs. 

Implementing a subscription based association management solution allows your organisation to scale up and down as your business does, it also means expenditure becomes an operational cost. This is why at Coresoft, we have developed a comprehensive accounts receivable module to host a range of features to make managing your association's finances cost-effective and easy. 

Better manage finances and boost profitability with accounting software to manage quotes, orders, invoices, statements

See at a glance overdue invoices and manage your debtors more effectively while maintaining a high level of service

Easily maintain your general ledger and simply produce financial reports so you know where your association stands

Easily export transactions to third-party accounting systems

Easily reconcile and send professional recurring invoices and statements

Automate renewals and streamline invoicing and payment processing

With transactions stored against member details, you will have all the information at your fingertips

Gain better control of your accounts receivable process and take maximum advantage of discounts by scheduling payments

Our solution - Accounts Receivable 

CloudCentre simplifies and automates tedious accounts receivable tasks, reducing errors, and leverages technology to improve efficiency and accuracy. This allows you to take maximum advantage of available discounts, improve cash flow management, and overall profitability. Using accounting software creates efficient and consistent payment practices to improve both supplier relationships and your organisation's finances.

 

CloudCentre's Accounts receivable module provides the functionality and tools to manage all of the following:

  • Transaction Entry and Control

  • Auditing and Reporting 

  • Payments and Adjustments

  • Multi-Company Management

  • Supplier Automated Payment 

  • Foreign Currencies 

  • Payments From Multiple Bank Accounts 

  • Business to Business Transactions

  • Direct Debit and BPay processing

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Benefits for your members

Drawing on our extensive experience from serving a diverse range of membership-based organizations, we've gained valuable insights into industry challenges. Our software enhances service delivery and internal efficiencies, providing innovative, tried, and proven solutions that will benefit your members.

If you require an unlisted feature, please get in contact with us, we may still be able to find a solution for you!

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Want to see more?

Book a no-obligation needs consultation with our team of experts today!

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