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ACCOUNTS PAYABLE & RECEIVABLE

Control due dates, payments and collections from a single platform

TRILAY ERP+ centralizes supplier obligations and customer debt, organizing documents, due dates, payments, collections and allocations to keep the company's financial position up to date.

Due dates, payments and collections connected across the whole operation
The financial management challenge

From scattered due dates to a centralized financial view

When obligations and collections are managed in separate files, it is hard to anticipate due dates, know real balances and control which documents have been settled or remain outstanding.

Without integrated management

Payments and collections hard to anticipate

  • Due dates tracked in spreadsheets.
  • Outdated balances.
  • Unallocated payments and receipts.
  • Difficulty identifying overdue debt.
  • Account statements built manually.
With TRILAY ERP+

Obligations and collections connected

  • Schedules ordered by due date.
  • Partial or full payments and collections.
  • Allocation of prepayments and credit notes.
  • Aging of balances.
  • Up-to-date account statements.
Two workflows, one platform

Payment Obligations and Customer Collections

Accounts Payable brings together obligations to suppliers; Accounts Receivable, the customer debt originated by sales.

Payable

Organize all payment obligations

  • Payment schedule by due date
  • Full or partial payment orders
  • Allocation of prepayments and credit notes
  • Documents pending payment and allocation
  • Supplier account statements
Receivable

Control customer collections and balances

  • Collection schedule by due date
  • Full or partial receipts
  • Allocation of receipts and credit notes
  • Documents pending collection and allocation
  • Customer account statements
Balances

Quickly identify overdue debt

  • Classification by days past due
  • Current and overdue documents
  • Aging of balances
  • Customer and supplier follow-up
  • Prioritization of payments and collections
Payment and collection instruments

Every transaction, with its instrument and its impact

Payment orders and receipts record different instruments that post to integrated financial management.

01

Cash and Bank Accounts

Cash and bank accounts as a payment or collection instrument.

02

Checks

Own and third-party checks linked to the transaction.

03

Cards and withholdings

Cards and tax withholdings recorded as applicable.

Analysis

Reports on payments and collections

Confirmed information to control the financial operation.

Payments

  • Payment details
  • Payments by instrument
  • Documents pending payment
  • Pending allocation
  • Payment control
  • Voided payment orders

Collections

  • Collection details
  • Collections by instrument
  • Documents pending collection
  • Pending allocation
  • Collection control
  • Voided receipts

Balances

  • Account statements
  • Aging of balances
  • Customer debt
  • Supplier debt
Part of the same ERP

Connect accounts with the rest of the ERP

Obligations and collections originate in the operation and keep their link with the rest of the system.

  • Purchasing, Expenses & Services
  • Sales and invoicing
  • Treasury and taxes
  • Payroll
  • Accounting and Management Accounting
Frequently asked questions

Frequently asked questions

Does it allow partial payments and collections?
Yes. You can settle documents in full or in part, select the amount and the instruments used, and allocate prepayments and credit notes.
How does it identify overdue debt?
Through aging of balances, which classifies documents by days past due and distinguishes current items from overdue ones.
Does it integrate with treasury and taxes?
Yes. Payment and collection instruments post to treasury, and tax obligations are incorporated into the payment schedule of the same ERP.
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Related features

Control your payments and collections with TRILAY ERP+

Request a demo and we will show you how to centralize due dates, payments, collections and balances.