Skip to main content

​
Overview

Upwell’s Remittances Management module helps freight brokers and logistics companies process customer payments and apply them to outstanding invoices. The system automates cash application, reconciliation, and financial record-keeping to improve accounts receivable efficiency.

​
System Capabilities

​
Payment Processing

  • Multi-Channel Support: Process payments from checks, ACH, wire transfers, credit cards, and payment portals
  • Remittance Matching: Match payment remittances to open invoices
  • Partial Payment Handling: Process and track partial payments across multiple invoices
  • Batch Processing: Apply batch payments across numerous invoices simultaneously

​
Cash Application

  • Payment Reconciliation: Match payments to invoices based on reference information
  • Exception Management: Tools to resolve unmatched or disputed payments
  • Bank Statement Integration: Import and reconcile bank statements with AR records
  • Audit Trail: Track all payment transactions and adjustments for compliance

​
Account Reconciliation

  • Discrepancy Detection: Identify variances between invoiced amounts and payments received
  • Short Pay Management: Tools for handling and resolving short payments
  • Account Maintenance: Update customer account balances as payments are applied
  • System Synchronization: Keep TMS, accounting systems, and bank accounts in sync

​
Reporting Capabilities

  • Cash Flow Monitoring: Dashboards showing incoming payments and applied funds
  • Collections Metrics: Track payment performance across your customer portfolio
  • Unapplied Cash Reports: Identify and address unreconciled payments
  • Custom Report Builder: Create tailored reports for specific business needs

​
Integration Options

Upwell’s Remittances Management module integrates with:
  • Banking platforms
  • Accounting systems
  • Transportation Management Systems (TMS)
  • Payment gateways
  • Custom systems via API

​
Technical Specifications

  • Cloud-based application
  • Secure data transmission with encryption
  • Customizable automation rules
  • Role-based access controls

​
API Endpoints

The Remittances Management module provides these key API endpoints:
  • GET/POST/PUT/DELETE /customer-payments - Manage customer payments
  • GET/POST/PUT/DELETE /customer-payment-line-items - Handle payment line items
  • GET/POST/PUT/DELETE /payment-applications - Control how payments apply to invoices
  • GET/POST/PUT/DELETE /bank-transactions - Work with bank transaction data
For detailed API documentation including request parameters and response formats, visit the API Reference section.

​
Implementation Process

The standard implementation includes:
  1. System configuration and customization
  2. Integration with banking and accounting systems
  3. Setup of payment matching rules
  4. Import of existing AR data
  5. User training and go-live support

​
Support Resources

For assistance with the Remittances Management module: