Nexion -- New functionality including Preauthorization on Cards

By: Nexion. Cash Flow Management. Solved!  05-14-2011
Keywords: Financial Services, Computer Software, point of sale


New Nexion features:

Report Subscription:

Nexion now allows you to subscribe to daily, weekly and monthly reports, reports will be delivered to the e-mail addresses specified as scheduled by you.  Keep in touch with your cash flow by having reports delivered to you.

Pre Authorization of Cards:
Nexion now allows you to “reserve” funds on a credit card allowing you to guarantee funds for 5 to 7 working days.  This feature will allow you to collect shortfalls and to lock in funds on your clients cards prior to services being rendered.

Deposit Cash & Cheques:
Nexion now allows YOU to determine when you deposit your cash and cheques, Transactions will remain in pending state you have initiated a deposit.  Cash and Cheque transactions will now reflect on your Cash report (renamed Bank Recon Report) on the date the actual deposit was processed. Nexion will also generate a report that provides details to a client level for filing with the deposit records from the bank or to use for signoff when cash is handed over.

Process Refunds:
Nexion will now allow you to process refunds without jeopardizing the security of your cash flow.

-          All refunds will retain the referencing of the original payment received

-          Card refunds can only be processed to the SAME CARD used in the original transaction

-          Refund cannot exceed total of original payment received.

All refunds will reflect on both Submission and Bank Recon (Cash) report to allow for seamless reconciliation to both your Debtor/Billing system and your Bank accounts.

Enhanced features:

Registration of patients for stop-orders and processing of Stop Order transactions:
Nexion has simplified the data capture required to register a stop order and has simplified the actual processing of a stop order transaction.  You will now be able to take control of your stop order transactions and process them in the practice in one easy step.

New Nexion Payment Screen:
Nexion has added transaction type specific buttons to both speed up transaction processing time by eliminating unnecessary pop-up windows and to give a total overview of tools available to collect payments.

Keywords: automated receipting, Cash Flow Management, Computer Software, Credit Card, Debt Collection, Debt Recovery, Debtor control, Eliminate Fraud in Practice, Eliminate Manual Receipting, Financial Services, Fraud Prevention, Healthcare Services, Management Software, Payment Solutions, point of sale, practice effciency, Practice Management, Pre Authorize Card Transaction, Stop Order Collections,

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Nexion -- Cash Flow Management. Solved!

Highly affordable and easy-to-use, Nexion cash flow management software is designed specifically for medical practices.

Nexion Cash Flow Management and Point of Sale Solution for Medical Professionals from Nexion. Cash Flow Management. Solved! thumbnail

Nexion Cash Flow Management and Point of Sale Solution for Medical Professionals

 Nexion is a highly affordable and easy-to-use cash flow management system developed specifically for medical practices to eliminate the complex manual receipting and reporting processes.