The main aim for using this functionality, is to enable the Accounts Payable team of an organisation to inform suppliers of payments being made and the invoices these payments relate to.
Using the print management functionality in the Accounts Payable module, supplier remittances can be generated in a number of formats, including email, print and saving to a specific location.
Remittance advices can be stated in any currency and are generated when a payment run is created.
InteliSense IT has successfully implemented the use of supplier remittance advices for its customers using email as the output.
Some data cleansing will need to be completed with regards to
supplier email addresses, which are held on the supplier master under
contact information. In turn, InteliSense IT can assist in extracting
this information, as well as re-uploading the correct information
When a payment proposal is created, validation checks
are included to ensure the suppliers being paid have an email address
allocated to receive the remittance advice, highlighting those where the
information is missing.
The email being sent out can also
include text in the subject line and body of the email, which reduces
emails being sent to spam folders.
The remittance advice
generated is also posted against the supplier, so if required again in
the future, they are easily accessible.
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