Menu
Accounts Receivable
The Restaurant ONE Accounts Receivable module produces accurate invoices, collects and facilitates payments, and creates statements for customers. Restaurant ONE Accounts Receivable further supports the verification of balances, running of bank reconciliations, and tracking of predicted cash flow. The Restaurant ONE System provides a clear representation of your cash position 24 hours a day and seven days per week. The system offers the opportunity to focus on accounts receivable, customer payment reminders, and the incorporation of statistical cash forecasting. We aim to give businesses greater clarity when determining their financial position.
Increase Professional Efficiency
The Restaurant ONE Accounts Receivable module makes monthly invoicing simple. With the system, you can choose a specific set of terms and conditions for your customers. Our customer features allows you to select units of measure and price per item that are seamlessly integrated with the General Ledger system. The system automatically updates the General Ledger in real-time.
Cash Flow
One can get paid promptly by sending customers payment reminders through easily created statements. When one focuses on sending customers payment reminders, and incorporating statistical cash forecasting, your cash flow position can become that much clearer.
Improve Control Over Cash and Working Capital
To manage one’s business’s health requires an improvement in the performance of accounts receivable and the speeding up of cash flow. The careful management of working capital allows you to gain in-depth insights supporting strategic decision making. When one is aware of your cash performance, one can better manage capital equipment, hiring new employees, overseeing new facilities and investments.
One can quickly reduce the payment cycle by creating customer alerts when invoices are past due. The efficient follow-up of past due vendors keeps your customers informed, reduces customers defaulting on payments, and decreases the possibility of bad debts.