WinTeam Online Payments Overview

The Online Payment for WinTeam improves AR payment collection, processing, and application for existing WinTeam financial users. Customer-specific web pages are designed to easily access outstanding invoice balances and securely submit credit card and ACH payments. Receipts are received as document of the payment.

Payments are automatically sent to WinTeam’s financials in real-time and settlement fees are automatically assigned payment records. Daily payments are batched together to match up to bank deposit records for simple reconciliation.

This portal improves customer satisfaction with a convenient online payment portal and payment receipt, decreases time to payment, and improves cash flow by removing barriers to payment collection.

Reduce administrative costs associated with accepting payments through automated WinTeam integration while protecting payment data and reducing company data risk and liability.

Online Payments also helps calculate true job profitability for better decision making with finance fees automatically assigned to invoices. It resolves issues and addresses concerns with a single point-of-contact for both software and payments support.

Specific business needs the online portal solves:

• Delays in receivable collections causing poor cash flow (high DSO ratio).
• Need to respond to market demand for convenient online payment option.
• Lack of integration with available payment facilitators increases administrative cost of accepting credit card and ACH payments.
• Companies taking unnecessary PCI data risk for proper collection and handling of private card/account data.
• Inconsistent application of processing fees causing incomplete job profitability calculations.
• Different vendors for payment processing and accounting software makes troubleshooting difficult.