Strategic Collections Management
For many Credit Professionals, managing collections is a time intensive process as many functions are managed manually. Companies that invest in automation workflow technology benefit from increased productivity and cash flow.
Using an integrated Order-to-Cash solution, Credit Professionals can react quicker to fluctuations in paying habits, prevent bad debt expense, and lower DSO.
Features:
- Drive Collection Activities with a Strategic Engine
- Automate Manual Processing (Lost Invoices, Reminder Notes, etc.)
- Segregate Disputed Invoice Items from Collectable
- Foster Collaboration with Sales, Service and Customers
- Automatically Set Follow-up Actions
Benefits:
- Lower DSO / Improve Cash Flow
- Reduce Past Due A/R
- Improve Productivity
- Mitigate Bad Debt Expense
- Improve the Customer Experience
EcoSystem Connectivity:
Fostering collaboration & communication between customers, sales and customer service helps to improve collection effectiveness by sharing invoice details and dispute information. Monitor collection agency performance and improve transfer of data for reduced costs and increased visibility.
Video Presentations
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Hear how Future Electronics, using SunGard AvantGard Receivables was able to improve the efficiency and effectiveness of their worldwide credit and collections operation, decrease disputes, and lower past due A/R.
[Total time 2:35]