VanguARd™

VanguARd™ from AutoRek is our automated cash allocation tool. VanguARd™ matches amounts received in the bank in any currency to any format of remittance advice, validates the values and automatically applies the cash to sales and debtors ledgers in order to match to unpaid invoices. VanguARd™ automatically applies direct debits received overnight, and electronic remittance advices as and when they are received. Instant alerts and notifications are generated to problematic invoices or accounts.

Benefits of VanguARd™

  • Increased automatic cash allocation rates

  • Faster cash allocation and more reliable ledger positions

  • Reduction in bad debts and improvement in customer relations

  • Collections and credit control alerts as soon as issues arise

  • Scalable solution supporting company growth

  • Supports any format of remittance advice including paper

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