ECI Software Solutions announced its NET1 Commerce Suite for North American manufacturers. The modern self-service portal is designed to automate and simplify critical financial processes, improve cash flow predictability, and provide real-time visibility into financial activity.
“For small and medium-sized businesses (SMBs), cash in hand is critical,” says Andres Ricaurte, president, payments at ECI Software Solutions. “SMBs are the lifeblood of the global economy and in times of uncertainty, real visibility into financial processes is a true advantage, helping them bring cash in faster, hold it longer, and lower administrative costs. The NET1 Commerce Suite gives manufacturers the clarity and control they need to manage cash flow more effectively and improve profitability, while also laying the foundation for AI-driven automation.”
Key takeaways:
· Integrated within ECI’s manufacturing ERPs Deacom, JobBOSS, and M1, the NET1 Commerce Suite gives manufacturers a secure, intuitive platform to manage invoices, payments, and account activity in real-time.
· Robust AR automation helps users improve days sales outstanding; automates the invoice-to-cash process; and enables Click2Pay.
· Fully integrated AP automation allows manufacturers to schedule payouts; automate and streamline back-office tasks; provide a real-time view of invoices due, payment status, and scheduled payouts; and offers a secure, reliable, online portal for predictable, transparent payments.
