Finance & Accounting:
seamless payments processing, collection and approvals
Centralise information into a single location to optimise invoice processing, auditing and other financial processes.
Centralise your daily income audit reporting
Night audits require repetitive and often manual tasks to pull out and reconcile data from various sources, then get it approved by all managers. With DocMX, optimise this daily audit process and reap immediate benefits:
No need to log into different systems or print reports. Transaction reports are pulled into one place, scanned in or automatically ingested from 3rd party systems like PMS and POS. Data is captured and indexed, with additional supporting documentation linked.
Once the reports are complete, the approval workflow is triggered: from night manager, to department heads, to director of finance, everyone has access to all the data to make informed decisions.
The control centre provides a visual and user-friendly overview of the daily audit and overall business performance. Any discrepancies or lack of compliance can be immediately spotted and acted upon, by employees and managers.
with your accounting software, property management system, POS, CRM, email, documents, website, analytics programs etc.
A customised control centre
dashboard will be created with you to track the metrics required for your particular business needs.
Dozens of reports
include Daily Revenue Pack, Allowance Pack, Cash Pack, Credit Card Pack, Food & Beverage, Entertainment reports.
5-star Sydney hotel automates Income Audits to free management time
Accelerate your Accounts Payable
Tracking supplier invoices in varying formats can be onerous work: paperwork, emails & purchase orders need to be matched, approved by the right people, and processed into your finance system. With DocMX, simplify this process:
Gain full control and compliance
Standards & compliance
The AP& AR processes are standardised across departments for full compliance with internal policy. All data is retained in compliance with local tax legislation.
Full audit trail
The process is fully auditable: each invoice, approval and payment is traceable, to ensure compliance with internal policy and regulatory requirements.
Bring in the best practices of information security into your financial approval processes: DocMX is ISO-certified to comply with the highest security standards in the cloud.
Access is strictly managed: only authorised personnel see sensitive financial information. Grant external users limited access, minimising the need for staff to pull files for status updates.
We used to have issues with documents going missing from one tray to another, causing actions not being taken.
Implementing DocMX brought great benefits like flexible document search, compliance and time savings.
Minimise your wholesale AR turnaround times
With a majority of hotel revenues coming from wholesalers, it is of prime importance to accelerate Accounts Receivable processing.
DocMX helps bring together information dispersed across various departments and formats to: