Fiserv and DadeSystems: Help banks with Automated Accounts Receivables

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Fiserv and DadeSystems: Help banks with Automated Accounts Receivables

  • With Fiserv serving as a connection point through which institutions can access DadePay AR Automation as a software-as-a-service (SaaS) solution
  • Empower financial institutions to further enrich customer relationships by reducing the need for businesses to manually enter payments into their accounts receivable systems
  • Proprietary artificial intelligence (AI) algorithms used by DadePay AR Automation lower overall processing costs with straight through processing rates that are among the highest in the industry
  • Algorithms work together with advanced optical character recognition technology to automate the invoice-to-cash application process
  • Using patented technologies and machine learning, payments are automatically matched to open invoices and updated to the companies’ ERP systems
  • DadePay also features a mobile AR app and an ePayment portal