Customer:
Capital Now Funding, LLC
Industry:
Pre-Settlement Funding
Website:
http://capitalnowfunding.com/
Product Used:
Autymate | Transactions
“Autymate allowed us to automate an accounting process that was time consuming and prone to errors. This allows us more time to focus on the business and not on manual repetitive tasks.”
The Challenge
Capital Now Funding (CNF) partnered with Autymate to integrate their proprietary Mongo database with their QuickBooks Online account. Specifically, CNF wanted to extract and import the following data: 1) Customer Data 2) Customer Loan Details 3) Settlement Date 4) Check Detail - Payee, Date, Amount, Check # 5) Receipts - Settlement Fund Deposits including deposit date, amount, payor name 6) Accounts Receivable - Application of receipts/deposits against the outstanding AR for each loan. CNF also wanted to real time access to three (3) specific reports including: 1) Payback Report - which details outstanding loan balances. 2) Loan Issued Report - which detailed each loan issued. 3) AR Aging - # days each loan has remained unpaid.
