At NSA Professional Services, we understand that efficiency is key to managing cash flow and streamlining operations in today’s fast-paced distribution industry. Posting cash receipts in Infor CloudSuite Distribution (CSD) has traditionally been a time-consuming and manual process—until now.
With the NSA Cash Receipts Tool, we’ve revolutionized how distributors handle cash posting, eliminating tedious workflows and replacing them with a simple, automated solution designed to save time and improve accuracy.
Posting Cash to CSD is a Manual Process
Posting cash receipts in CSD is a manual and very tedious process. A single payment takes minutes with arduous clicking and scrolling through a cumbersome workflow in ARECE. Create the journal, enter check information, next, enter customer and bank, next, find invoices, and close the journal. Rinse and repeat for every check.
NSA Cash Receipts Tool
With the NSA Cash Receipts tool, posting receipts is as simple as dropping an Excel file into a directory.
NSA Cash Receipts is built on top of trusted Infor OS components and uses built-in CSD functionality to post receipts automatically and quickly. It is as simple as creating an Excel spreadsheet of your cash receipts and saving it into a folder on your computer. Only four fields are required (customer #, invoice #, amount, and payment #) in the spreadsheet.
The NSA Cash Receipts tool monitors the folder and processes the payments within. If there are no exceptions, the cash is posted without any further action. Journals are opened and closed, GL entries are made, and cash is posted to the correct spot. Any exceptions are managed in ARELE, a function that is nearly identical to ARECE.
NSA Cash Receipts Features
- Multiple payments per file
- Pay orders in full
- Cash on account
- Write-offs
- Short and over payments
- Discounts
- Credits
- Partial payments
- File share drop-off
- Customizable Excel format
- Fully automated
- Audit trail
Installation usually takes 2-4 weeks and includes testing and training. NSA will install the solution in your tenant and show you how to use it.
Say goodbye to the frustrations of manual cash posting and hello to streamlined operations with NSA’s Cash Receipts Tool. Designed to integrate seamlessly with Infor CloudSuite Distribution, our innovative solution automates the process, giving your team more time to focus on what matters most—growing your business. Ready to transform your cash receipt process?
Visit our website to learn how NSA Professional Services can help your organization specifically.