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PACS

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Our financial payables and collections system, PACS fully integrates with the i² healthcare management system and Demi to offer the client a complete solution to processing the transactions generated from day-to-day business activities.


These transactions are posted to the PACS system in real-time and facilitate a simple and effective way of managing the client’s debtors and creditors book. A full audit trail of all transactions is kept at all times, allowing for detailed reporting and query management.

 

The system caters for integration with some of South Africa’s largest banking institutions via business-to-business or SFTP connections. Payments and collections are processed in multiple formats, i.e. BankServ formatting or the new ISO20022 XML- based instructions.


There is also the added convenience of daily bank statement loading, that allows clerks to process transactions directly from the bank statement where the system could not automatically match the transactions to a recievable entity. All matched entities are automatically processed.

 

PACS integrates with all industry standard accounting software packages.


Some of the key functions offered by the PACS system include:



Accounts Receivable


  • Managing Receivable Accounts
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  • Managing Receipts and Credits arising from overpayments
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  • Receipt Allocation/De-Allocation.
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  • On-Demand Debit Order runs.
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  • Auto Allocation of Debit Orders/Auto De-Allocation of Debit Order Rejections.
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  • Debtor Ageing
 

Accounts Payable


  • Managing Payable Accounts
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  • On-Demand Payments.
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  • Auto Reversal of rejected EFT payments from bank statement
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  • Creditor Ageing

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