How does Tabs handle Collections & Receivables?

Last updated: July 14, 2025

Tabs automates the entire collections process, ensuring invoices are tracked, payments are received on time, and finance teams have full visibility into outstanding receivables. With real-time tracking, automated follow-ups, and seamless integrations, Tabs helps reduce DSO and streamline cash flow management.

1. Automated Collections & Follow-Ups

Tabs ensures customers stay on track with their payments by automating the collections process:

  • Automated dunning – Send follow-up reminders based on predefined sequences

  • Scheduled messaging – Customize reminder cadences and tailor messaging for different customers (coming soon!)

  • Kanban-style tracking – Instantly see which invoices are paid, pending, or overdue

2. Real-Time Payment Tracking

Tabs provides complete visibility into the status of every receivable:

  • Monitor incoming payments and outstanding balances in real time

  • Identify overdue invoices and trigger automated escalation workflows

  • Ensure all payments are matched to the correct invoices without manual reconciliation

3. Seamless ERP & Banking Integration

Tabs integrates directly with ERP systems and banking platforms to ensure accurate financial reporting:

  • Bidirectional ERP sync – Keep your general ledger updated automatically

  • Bank & cash application integration – Match incoming payments to invoices in real time

  • Journal entries & GL updates – Push journal entry data to accounting systems for effortless reconciliation

Notes on workflow stages

  • Overdue: Invoices that are past due and without payment.

  • Sent: Invoices that have been sent and are awaiting payment.

  • Pending: Payment processing. Use this status to track payments in progress or when you have received notice from customers through the Customer Portal that payment is on its way.

  • Paid: Payment received. Displays the 20 most recent paid invoices, either through the Customer Portal or manually marked as paid by you.

Tabs transforms receivables into a fully automated process, reducing manual effort and improving cash flow predictability—so finance teams can focus on strategy instead of chasing payments.