GETPAID Introduces GETMatched, for Matching Incomplete Remittance Data with Open Receivables

Parsippany, NJ — The GETPAID® Corporation, the leading supplier of receivables management software and related services, announced today the availability of GETMatched, a utility used with the GETPAID collections software system to match unapplied payments remaining on-account as part of the collections workflow.

“Companies with a high number of outstanding credits are ideally suited for GETMatched,” states C.J. Wimley, senior vice president, product planning and development at The GETPAID Corporation. “Instead of manually matching debits with credits, GETMatched facilitates the process by automatically suggesting appropriate debits for outstanding, unapplied credits based on a sophisticated rules engine. GETMatched is accessed from within the GETPAID collections system, allowing your collections staff to manage the process as part of their daily workflow.”

Sophisticated Rules Engine
With GETMatched, companies can standardize how credits are handled. GETMatched takes advantage of GETPAID’s sophisticated rules engine and the detailed customer account information available within your GETPAID database. All of the A/R and G/L entries needed to clear the matched items are automatically generated, while providing flexible permissions at the user level to control write off thresholds and override capabilities.

About GETPAID Software
Using GETPAID, leading organizations have been able to automate many routine tasks, manage account portfolios and facilitate customer service related functions. Companies who implement GETPAID realize substantial and immediate results in terms of productivity, efficiency and tracking. GETPAID can be integrated with any A/R system, and is certified to interface with SAP and Oracle. The GETPAID product can be deployed via the Internet or using a traditional client/server model.

About The GETPAID Corporation
The GETPAID Corporation is the leading provider of collection and dispute resolution software used by thousands of commercial collectors in B2B credit departments to manage billions of dollars in past due receivables. GETPAID is headquartered in Parsippany, NJ with offices worldwide.

The GETPAID Professional Services team is comprised of experts who deliver installation, system configuration, business analysis, training and on-going support services to the more than 500 installations worldwide in a wide array of companies, industries and environments.

For more information, contact GETPAID at 1-800-395-9996 or visit www.getpaid.com.