Invoice to Cash
Invoice to Cash (I2C) services supports you throughout the invoice generation process using efficient measures to keep your business operations running smoothly.
Achieve timely and efficient payment handling
Our I2C services supports you throughout the invoice generation process through efficient measures. We handle the ins and outs of your invoice to cash process to keep your business operations running smoothly. Explore what we have to offer.
Cash Application
We handle the processing of high-volume transactions in an efficient & cost-effective manner. Our process focuses on automation to increase your incoming payment allocation rates. In the case support information missing, we work to clarify incoming payments and keep things moving.
Our Services
Cash Application
We handle the processing of high-volume transactions in an efficient & cost-effective manner. Our process focuses on automation to increase your incoming payment allocation rates. In the case support information missing, we work to clarify incoming payments and keep things moving.
Risk Controls and Subject Matter Experts
- Response to general inquiries on bank/lockbox, payment and related accounts receivable and cash application questions.
- Review and approval of AR-related cash transfer requests between Siemens’ entities.
- Review, approval and process refunds and write-off requests.
- Coordination of AR related audit requests.
- Providing of centralized support for AR related business processes and procedures.
- Providing of standard accounts receivable aging reports.
- Comprehensive credit assessments by highly skilled analysts with knowledge in domestic and international credit.
- Collaboration across businesses while mitigating risk to ensure customer satisfaction.
- Customized credit policies and procedures tailored to specific business unit needs.
- Process harmonization maximized through global synergies.
- Independent assessor, compliance reviews, tracking and monitoring of recommended actions.
- Digitalized collection activities through advanced software (PEGA based CCMT).
For more information, contact suresh.kedarisetty@siemens.com.