As part of Cforia Software continued growth into EMEA markets, Cforia announced the appointment of Payperchase Solutions Ltd http://www.payperchase.com/ as a reseller partners for Cforia.autonomy™.
Cforia’s disruptive technology platform improves the financial performance of global multi-national organizations. Cforia’s core focus is consolidating information across multiple invoice and billing systems, creating a single productivity platform that streamlines financial shared service operations.
Cforia.autonomy™, a completely new enterprise software suite for replacing traditional solutions for managing Order-to-Cash(OTC) Lifecycles and Accounts Receivable, has received global visibility as a leading provider for working capital solutions. Features include ERP System Aggregation, Cross-ERP Parent/Child Hierarchies, Collections Process Improvement, Global Credit Risk Visibility & Mitigation, Dispute Lifecycle Management, Customer On-Line Payment Portals for Self-Service and Capacity Driven Business Analytics which generate Actionable Workflow for global OTC resources.
Cforia has been helping multi-national enterprises with software and consulting expertise. Today Cforia manages over $300B in Accounts Receivable(A/R) turnover, in over 70 countries, across hundreds of different billing and ERP systems, languages and currencies.
Matthew White, head of European operations for Cforia said, “We are excited to have Payperchase Solutions Ltd add the Cforia.autonomy™ Credit, Collections and Dispute Workflow engine to complement their existing financial accounting solutions. Together we offer a powerful working capital platform for their clients.”
Cforia.autonomy™ leverages the Cforia connect (SM) Knowledge base, a shared Best-Practices website available to Cforia Clients. Cforia uses these shared Operational Experiences and target gaps within their traditional enterprise requirements planning systems. Cforia.autonomy™ enables peer-to-peer knowledge sharing and collaboration to socialize best practice workflows, reports and analytics across the entire customer base.
David Carr, Managing Director of Payperchase Solutions said, “We are always looking for the latest technology for our clients in order to build out our financial offerings. To this end we have been investigating the Accounts Receivable and order-to-cash software markets for the best available, proven solutions. We firmly believe that the state of the art Cforia.autonomy™, solution fits perfectly with our recurring message of automations, digitization and Artificial Intelligence across the finance and accounting software spectrum.”
Cforia.autonomy™ also provides enhanced ability to dramatically reduce client-required IT resources, traditionally needed for aggregating and rationalizing complex/disparate system-of-record and system-of engagement, needed for customer-to-cash processes across a global enterprise.
Cforia.autonomy™, combines order-to-cash Six-Sigma DMAIC (define, measure, analyse and improve) process disciplines with Cforia’s new Capacity Driven Headcount Management SM resource allocation analytics to accelerate the pace at which companies can achieve breakthroughs in key order to cash financial metrics.
Cforia continues to expand its global client base and achieve significantly improved financial outcomes in reduced days-beyond-term/days-sales-outstanding, faster dispute resolutions cycle times, greater command and control of global working capital, zero order-to-cash headcount growth and improved customer relationships through better Customer facing Self-Service and Collaboration Portals.
Cforia.autonomy™ operates from two (2) highly efficient User-Interface (UI) productivity screens, significantly shortening new user on-boarding and time-to-productivity. Users can departmentally create prioritized worklists in minutes, without traditional IT or required Vendor support.
Users can reprioritize global activity for Credit, Collections and Disputes teams, anywhere in the world, in just minutes.
Cforia.autonomy™ enables authorized users to rapidly model working capital outcomes and workloads by capacity, using Cforia’s Capacity Driven Headcount Management SM. Within minutes, management can reassign priorities by individual resources or shared services teams, by customer segmentation and appropriate treatment strategy.
Users can measure how the global teams are performing against the new order-to-cash model and if the model is delivering expected results. If the results are not measuring up, the Cforia Capacity Modelling SM process can change priorities on-the-fly, in real-time.
About Cforia Software www.cforia.com
Cforia Software, Inc. (www.Cforia.com)is a global enterprise software provider, delivering industry leading working capital and accounts receivable (A/R) automation software. Over 240 enterprises in 70 countries are managing $300 billion in A/R turn-over with Cforia today. For sixteen years Cforia has delivered superior technology integrated with proprietary real-time data integration tools across complex and disparate ERP systems of record. Cforia.autonomy™, delivers enhanced versions of Capacity Driven Headcount Management (SM), Cforia Collections Snapshot SM, Credit Risk Analytics, Order Management, Clean vs Dirty Receivables SM, Multi-Languages/Currency, Global Parent/Child risk roll-up and multi-business unit solutions. The comprehensive Cforia autonomy™ software suite maximizes order-to-cash performance through an enterprise software suite which includes Zero-Touch OTC Lifecycles SM, Credit Lifecycle Management, Strategic Collections Management, Deductions Collaboration Portals, and FTE Resource Optimization.
Cforia.autonomy™ empowers Finance Departments to independently manage their order-to-cash workflows, electronic dunning correspondence, and credit and collections business logic and business analytics, without relying on an overburdened IT staff or expensive external resources.
About Payperchase Solutions Ltd www.payperchase.com
Payperchase Solutions provide solutions to integrate with your financial accounting systems to re-duce costs, improve efficiency and provide a platform for growth utilising software from the global leaders in Purchase-to-Pay, e-Invoicing and accounts payable and receivable automation.
Our experienced team deliver practical solutions that facilitate total financial visibility and empowers customer and supplier collaboration.