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The advantages of digitized financial accounting are many and varied: all important data can be easily and efficiently recorded, processed, evaluated and archived. Even otherwise complex processes such as bookings or invoicing are quicker and easier, and business evaluations are usually available at the touch of a button and in real time.
Cloud-based solutions in particular enable companies of all sizes to start digitizing their financial accounting, often at moderate costs. This is because companies do not have to purchase and operate the necessary software and servers themselves.
More efficiency in clearing with automation
Above all, monitoring and reconciling receivables and incoming payments is a major time waster - the more transactions, the more effort is involved. Automatic payment clearing is therefore used in e-commerce in particular to automate and therefore speed up the monitoring of all receivables from end customers.
However, the tasks of modern payment clearing do not end with payment and receivables reconciliation - they are only just beginning. There are increasingly different payment methods and accounts in e-commerce. Keeping track of this in financial accounting is almost impossible. On the other hand, different payment methods can attract new customers and simplify the payment channel for them. This makes it all the more important to be able to correctly allocate incoming payments during payment clearing.
Also equipped for slips
Of course, it can also happen that a customer makes a mistake when making a payment - a transposed number can easily occur with anyone, be it the invoice number or even the amount. Here, too, it is the task of automated payment clearing to correctly allocate these incoming payments and point out the discrepancy. If customers then contact you because of an incorrect reminder, for example, you can still easily reconcile the payment.
The payment clearing standard developed by nexnet offers exactly the right solution if you want to monitor your financial transactions efficiently, securely and conveniently. nexnet provides permanent information on all money movements, their completeness, due date and correctness. Payment clearing from nexnet reconciles all financial transactions with the sales data from your online stores, marketplaces or offline sales channels.
This not only saves a lot of time and resources, but also reduces the susceptibility to errors, which is relatively higher with manual checks.
An overview of nexnet's payment clearing services
- Connection of payment clearing and debtor management
- Automatic checking of incoming payments and monitoring of all financial transactions
- also at individual transaction level including account reconciliation
- GDPR-compliant, with maximum IT security and in accordance with German data protection law
- Also suitable for international transactions
- Industry neutrality: applicable in every business field
- Can be combined with BI reporting and other modular services from nexnet on request
The experts at nexnet have over 20 years of experience in payment clearing and accounts receivable management - whether in e-commerce, telecommunications or the automotive industry. This means that you can count on nexnet's concentrated experience when it comes to your finances. The company works with the most important payment service providers to offer your customers the best possible shopping experience. You can find an overview of the activated payment service providers here.
Find out now how you too can improve your payment clearing and take the pressure off your financial accounting. Integrate payment clearing into your company now with nexnet and automate your financial accounting.
