Online Sales. Proven Technology.
Receivables Management
As an optional service for those manufacturers seeking additional automation, segregation and/or invoicing error reduction, Food & Beverage Market Solutions invoices your customers for any orders sold on the system. The customers remit payments to Food & Beverage Market Solutions. These payments are consolidated and funds are transmitted to you. The system generates a statement and invoice(s) in accordance with Accounts Receivable policy and forwards invoice(s) to the buyer with copies to you. Discounts, payment terms and remittance rules are applied. Food & Beverage Market Solutions receives payments into secure escrow account and sends a single payment to you via wire or as direct account transfer. Invoices are marked paid on the system for reporting and analysis. Payment information is passed to using integrated file transfers. Open or late invoice data can be included in Counter Party Management to impact customer credit line or availability. Past due invoices and payment summaries for customers are available online.