Clubessential, the leading provider of suite membership and Club management solutions partnered with CSI to offer an innovative and automated payment solution for Golf and Country Clubs.
CSI’s automated accounts payable solution lets you pay suppliers securely using their preferred payment type while seamlessly integrating with Clubessential’s software. It streamlines accounts payable workflow, including approval and reconciliation processes.
FULL PAYMENT VISIBILITY: Gain better control over cash flow and timing of supplier payments 24/7 and maximize early payment discounts whenever possible.
EFFICIENCY: Automating payments will streamline your workflow, increase productivity, and allow for more valuable revenue-generating activities.
INCREASED SECURITY: Reduce the risk of payments fraud by establishing solid approval processes, quickly identifying invoice discrepancies, and flagging supplier errors.
RECONCILIATION: All payments can be tracked in real-time for easy reconciliation.
Increase cash flow with monthly rebates earned on card payments to suppliers. Generate new monthly revenue simply by paying your bills. The typical supplier card acceptance rate is 30 to 40%.
VIRTUAL CARDS: A unique electronic card number is assigned to each invoice or transaction. CSI’s dedicated supplier enrollment team handles the conversion of suppliers to virtual card to maximize rebate potential.
ACH: CSI can push funds straight to the supplier’s bank account or drive bank-to-bank transfers through ACH, usually received within one business week.
PAPER CHECKS: CSI automates check payments by printing, signing, stuffing, and mailing by the next business day.
Spring Lakes Country Club in Michigan reduces payment processing costs by nearly 50% and adds new revenue line by implementing CSI Paysystems.
