Efficient Accounts Receivable & Collection Management
Reduce DSO. Healthier Cash Flow.
Improve Working Capital.
Efficient Accounts Receivable Management (AR) to run sustainable business
Accounts receivable management plays a pivotal role in any organization. Whether one is selling products or services, getting paid faster is probably the most critical aspect of running any business.
While organizations have made huge investments in ERP and other accounting applications, most companies struggle to drive velocity in their Accounts receivable management operations due to inefficient and manual invoicing processes.
There are many impediments and challenges preventing companies from collecting receivables in a timely manner.
Outcomes we help you achieve
Accounts Receivable Management Capabilities
Mobile App for Reps
Your mobile warriors can effortlessly manage day-to-day activities, customer follow-ups based on the different payment options given to clients, reminders on unpaid invoices with the ability to easily capture updates and payment information. They can easily capture customer interaction details against every activity for better visibility and superior execution to maintain a healthy cash flow and enhanced customer relationships.
Electronic invoicing helps in automated scheduling of payment cycles and process payments as per the payment terms agreed with customers
Collection Activity Management and Reporting
Assign collection activities to owners, drive accountability and improve status visibility across stakeholders
Prompt Customer Communications and Reminders
Schedule and send timely communication to customers so that they promptly release payment and do not miss out on deadlines
Team collaboration with workflows
Supports collaboration across departments viz. sales, collections, accounts etc. to drive the end goal of collecting payments faster