Press Release

Creditron Set To Showcase Its Cash Application Solution at the Annual AFP Conference in Orlando, FL

Monday, October 17, 2016

Rockville, MD

Creditron, a leading provider of integrated receivables solutions, announced today that the company will be demonstrating its cash application solution at the 2016 Association for Financial Professional (AFP) Conference next week at the Orange County Convention Center in Orlando, Florida.

Creditron product experts along with management will be on hand in booth #124 to discuss the operational benefits that cash application provides billers of all sizes. 74% of large corporations cite a large number of exceptions and returns as negatively impacting their ability to efficiently process receivables. (Source: Aite Group)

Whether your payments are received through the mail, electronically or processed via a lockbox, they still need to be reconciled to your systems and applied against your customers’ outstanding invoices. The Cash Application module of Creditron’s Enterprise Cloud Processing (ECP) solution allows you to build advanced business rules to match electronic and paper payments to your outstanding A/R invoices. All of this can be accomplished via API integration’s so you don’t need to expose your entire A/R file. The robust rules engine will both increase straight-through-processing (STP) and provide a dynamic image-based keying & payment application interface to manage exceptions.

The AFP Annual Conference is the largest gathering of corporate treasury and finance professionals in the world, bringing together executives from a broad spectrum of U.S.-based and multinational companies.  The conference exhibit hall will feature more than 250 vendors and major financial institutions showcasing products, services and innovative technologies for the finance profession.

To arrange a meeting with Creditron at the 2016 AFP Conference, e-mail sales@creditron.com.

About AFP

Headquartered outside Washington, D.C., the Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. The quarterly AFP Corporate Cash Indicators serve as a bellwether of economic growth. The AFP Annual Conference is the largest networking event for corporate finance professionals in the world.  For more information, visit www.afponline.org.

Contact:

Gaurav Sharda
Creditron
240-252-5307
gsharda@creditron.com

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