Beyond Mobile Money, Ghanaian businesses receive payments by bank transfer, cheque and card terminal. Matching bank statement entries to outstanding E-VAT invoices is a recurring monthly task that consumes significant accountant time and — when left to accumulate — creates ageing discrepancies in the GRA audit trail.
Manually matching bank statement lines to outstanding E-VAT invoices takes three to four hours every week, and a growing backlog of unmatched items distorts the monthly accounts receivable position.
Automatic bank statement import and invoice matching using payment reference codes — unmatched items drop to near zero, and the E-VAT audit trail reflects real-time payment status without manual intervention.
Overdue customers are not chased consistently — follow-up depends on whoever remembers — stretching average debtor days and creating unpredictable cash flow.
Automatic ageing report segmented by days overdue, with scheduled SMS and email reminders dispatched through the notification module at configurable intervals from the invoice due date.
Auto-matched invoices and systematic reminder sequences.
