Managing payments in a business can be complex, especially with multiple customers or suppliers. Riggle’s B2B order management software offers a ledger feature that makes tracking payments straightforward and easy. In this blog, we will explore how Riggle’s ledger feature works and how it can help you easily manage payments and settlements.
What is the Ledger Feature in Riggle?
Riggle’s ledger feature is a part of its B2B order management system, designed to show both outstanding and completed payments. It displays these transactions in a simple list view, making it easy for users to see everything at a glance. The ledger feature lets businesses keep a clear record of payments made by and owed to each buyer or seller.
With Riggle’s B2B ordering system, users can see the status of each payment and view detailed order information. This way, you can understand the specifics of each transaction, such as which enterprise the payment is due to and what order it corresponds to.
How Does the Ledger Feature Help with Payments?
Riggle’s ledger feature, built into its B2B order management software, provides several tools to simplify the payment process:
- Listing Payments: The ledger lists all pending and completed transactions in an organized format. You can see at a glance which payments have been made and which are still outstanding.
- Viewing Payment Details: Riggle’s B2B order management system lets you view all relevant details for each payment. This includes the enterprise name, order details, and payment amount, so you have all the information in one place.
- Multiple Payment Methods: The ledger feature offers flexibility with payment options. Riggle allows users to pay either via online payment methods or cash on delivery (COD), giving businesses more control over their transactions.
How Does the Ledger Feature Support Settlements?
The ledger feature also helps businesses settle payments accurately. Riggle’s B2B order management system makes it simple to keep accounts balanced.
- Outstanding Balances: The ledger clearly shows any outstanding balances for each enterprise. This helps you understand exactly who you owe and who owes you.
- Easy Access to Order Details: The order management tools in Riggle link each payment to specific order details. This ensures transparency in each transaction and makes it easy to confirm that payments align with order amounts.
- Timely Payments: Riggle’s B2B ordering system helps you avoid late payments by making all due payments visible. You can stay organized and ensure that settlements happen on time, keeping your business relationships strong.
Benefits of Using Riggle’s Ledger Feature
Using Riggle’s B2B order management software has several benefits for payment management:
- Quick Overview of Payments: The ledger clearly summarizes both completed and pending payments, saving you time.
- Detailed Transaction History: With access to order details, Riggle’s order management tools help record all transactions accurately.
- Flexible Payment Options: Riggle supports online payments and COD, giving you control over payment methods.
How to Use Riggle’s Ledger Feature
To get started with Riggle’s ledger feature:
- Log In: Access your Riggle dashboard.
- Open the Ledger: Navigate to the ledger view within the B2B order management system.
- Review Payments: Check outstanding and completed payments and make online payments as needed.
Riggle’s ledger feature in its B2B order management software is valuable for managing payments and settlements. A clear view of all transactions, order details, and flexible payment options helps businesses stay organized and efficient. With Riggle, you can manage your payments smoothly and keep your business relationships strong, making everyday operations simpler and more reliable.
