FreePay provides a comprehensive solution for businesses to manage their accounts receivable. It enables real-time delivery of actionable e-invoices to customers through best-in-class customer portals, offering integrated payment options and instant reconciliation. The platform supports customizable branding to comply with e-invoicing regulations and tracks invoice events like delivery and viewing to prevent lost documents. Customers can choose from multiple payment methods, including ACH, credit cards, SEPA, e-checks, and wires, with global and multi-currency support. Intelligent dunning features automate collection workflows, reduce delinquency, and streamline the entire accounts receivable process. Benefits include significant time and effort savings for accounts teams, reduced accounting errors, and improved efficiency in cash application and reconciliation. The software is designed to digitize workflows, allowing treasury teams to focus on strategic planning and business growth.

Features & Benefits

• Real-time E-invoice Delivery: Sends actionable e-invoices to customers instantly via customer portals.
• Consolidated Payment View: Provides a clear overview of all outstanding payments with detailed invoice information.
• Customizable Branding & Compliance: Ensures compliance with e-invoicing requirements through customizable branding options.
• Invoice Event Tracking: Monitors invoice status (delivered, viewed) to prevent lost or misplaced invoices.
• Multiple Payment Options: Offers customers a variety of payment methods for convenience.
• Intelligent Dunning & Workflow Automation: Automates collection workflows and dunning processes to drive collections and reduce delinquency.
• Automated Payment Reconciliation: Reduces costs by automatically reconciling payments and streamlining cash application.