In this world of debt, where every second counts, the ability to optimize operations is not just a competitive advantage but a critical necessity. Companies can no longer afford to waste time on manual and repetitive tasks or rely on providers who operate this way when automation offers a faster, more accurate, and efficient solution. Processes such as payment reconciliation and fund distribution, which require hours of human effort, can now be managed automatically and error-free.
What is automation in fund distribution?
To put it simply, imagine you're in charge of receiving and reconciling payments, then distributing those funds to their rightful owners. You need to send emails, generate reports, and make sure everything is in order. It's like organizing a party with hundreds of people, confirming attendance to the invitation, and then making sure each guest gets their slice of cake at the event. Doing this manually every time there's a money transfer isn't just tedious, but also full of opportunities to make mistakes, and it's almost impossible to do it on a daily basis.
That's where automation with our tool comes in. Instead of manually handling all those tasks, our technology does the work for you, and if you want, we can do it daily and in real-time. Once you set up the system, it takes care of generating and sending the emails with the necessary instructions for the transfers, preparing the reports, and ensuring that each transaction happens flawlessly.
The impact of automation on operational workload
One of these cases within our platform is the automation of email sending for fund distribution. Companies like Solvento and Rapicredit are already leveraging these features to improve their operational efficiency.
Imagine that before, every time a fund distribution was made, the team had to manually generate an email with instructions for the fiduciaries, and in some cases, attach additional reports to support the transfers. This not only took time but also required constant attention to avoid mistakes. With Vaas' automation, the system now reconciles payments 1 to 1, automatically generates and sends these emails, ensuring that the instructions are delivered accurately and without human intervention.
Beyond the email with instructions: Automation of reports and notifications
But automation is not limited to just sending emails. In the case of Vaas, the platform has incorporated other advanced features such as report automation and notifications via Slack and WhatsApp. This allows internal teams and clients to receive real-time updates on the status of transfers and payments.
Think of it this way: before, your team had to wait for reconciled information on a weekly, biweekly, or monthly basis to know if a client had made a payment, update the systems based on those payments, and then distribute those funds for new originations. With these real-time notifications, teams can manage their accounts much more efficiently, always being informed about money movements.
In conclusion, our tool is a great ally for your team.
With the ability to automatically generate instruction emails, reports, and notifications, companies can reduce their operational load, minimize errors, and most importantly, allow their teams to focus on more strategic tasks.
At the end of the day, automation is not just a tool for saving time, but a way to make processes more precise, faster, and efficient. And in the world of debt, where every second counts, this can make a significant difference in your impact and growth process.
