V-ONE Cloud, a payment reconciliation system provided by R&AC Corporation, has released an API function that enables the integration of billing information from Money Forward Cloud Invoice Plus, an invoice issuing system sold by Money Forward, Inc.
“V-ONE Cloud” is a cloud service specialized in payment reconciliation work. Payment reconciliation work, which can be complicated due to payment methods, consumption tax, fees, etc., is mainly analog work using visual inspection, manual input, spreadsheet software, etc., even in accounts receivable management. Therefore, it is a work that is prone to double input due to transcription work and errors due to manual input. In addition, payment reconciliation work requires accurate work in the short time between the payment date and the closing date.
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“V-ONE Cloud” utilizes AI (machine learning) to significantly improve the efficiency of payment reconciliation work, which tends to be done visually and manually. In addition to reducing the workload by streamlining payment and collection work, it also improves the accuracy of accounts receivable management, quickly identifies outstanding accounts receivable, and promotes rapid collection.
SOURCE: PRTimes
