Trace AR for Business Central

Accept payments and automate Accounts Receivable with Trace AR for Microsoft Dynamics 365 Business Central (BC)

Overview

Embedded payments with Trace AR for Microsoft Dynamics 365 Business Central (BC) provide a secure and seamless solution for your business to accept and automate digital payments, manage collections with advanced AR aging reports, and reconcile payment batches, all without ever leaving Business Central.

Trace AR for Business Central digitizes and automates your payment processes, so you can eliminate manual work, cut costs, and get paid faster. It also allows your customers to pay using credit cards or ACH, greatly improving overall customer satisfaction, while you drastically reduce the steps and time it usually takes for non-automated payments. In fact, payment automation with PayTrace reduces Days Sales Outstanding (DSO) by 80%, on average.

App Capabilities

With Trace AR for Business Central, you can send payment links via customized, brandable invoices, as well as:

• Capture and authorize credit card and ACH payments inside Dynamics BC via:
• A Customer Card
• A Sales Quote
• A Sales Order
• A Sales Invoice
• Easily reconcile payment batches:
• Automatically or with select payment batches
• Gain quick visibility into exceptions
• Post the difference to the appropriate GL account
• Reduce credit card processing costs with B2B-focused payment optimization solutions
• Built-in merchant account and gateway keeps all of your payment data in a single source while keeping costs to a minimum
• Take advantage of interchange optimization and other B2B payment features to maximize your cash flow
• Manage account collections in a single view:
• Access and prioritize outstanding invoices with multiple views and sorting options
• Notate and assign invoices to others for collections or activity tracking
• Send notification reminders on outstanding invoices
• Eliminate cross-referencing multiple systems for AR aging and invoice data
• Provide customers with a customer portal to:
• View, pay and manage their outstanding invoices
• Track their invoice history
• Add or update preferred payment methods