ClearingPool

Key Features

1. Global Electronic Payment Requests

• Send electronic payment requests using only the customer’s country code and identity.
• Payment requests are accessible at any online banking interface worldwide.
• Eliminates the need for knowing customer bank account details.

2. Payment Notifications

• Instant notifications are sent to suppliers upon payment request initiation.
• Notifications include complete references for automatic booking in the supplier’s GL system.

3. Payment Flexibility

• Customers can choose which bank account to use for payments.
• Ability to reject payment requests partially or fully, notifying the supplier accordingly.

4. Automatic Booking

• One payment request can reference multiple invoices, facilitating automation on both ends.
• Automatic matching of payments and invoices, reducing human error.

5. Payment Delay Management

• Suppliers can set reminders for payment delays, including associated costs and penalties.
• Customers are notified of potential costs for late payments.

6. Claim Forwarding

• Allows customers to forward claims to another individual easily, such as a spouse or parent.
• Enables tracking of forwarded claims and payments.

Customer Interaction

Customers can reject payment requests either partially or fully, notifying the supplier of their decision along with any payment made. This capability promotes transparency and trust, enhancing long-term relationships and saving time for both parties involved.

This approach replaces outdated practices, eliminating cumbersome methods like screenshotting and emailing.

Advantages Over Conventional Methods

• Reduces time and costs associated with payment processing.
• Minimizes the risk of human error in matching payments and invoices.
• Facilitates better communication between suppliers and customers.

Conclusion

ClearingPool revolutionizes payment processing by offering a user-friendly, efficient solution that supports healthy supplier-customer relationships.