Cforia Software announces Cforia.autonomy™ Credit On-BoardingSM and Credit Review & Approval ManagerSM
Los Angeles, CA and London, UK – Cforia Software, Inc., is a leading global provider of Working Capital optimization software. Cforia.autonomy™ is a disruptive technology platform which improves financial performance of global accounts receivable. Cforia’s core focus continues to be consolidating complex customer master data from disparate billing systems, to create a single order-to-cash productivity platform for improving the focus and productivity of regional and global financial shared service operations and personnel.
Cforia announces continued expansion of the Cforia.autonomy™ platform to include Credit On-BoardingSM & Credit Review & Approval ManagerSM. These additional Cforia.autonomy™ modules, enhance the existing Cforia.autonomy™ Credit Risk Analytics and Cforia.autonomy™ Credit Order Hold/Release functionality. These new enhancements will streamline and automate new customer on-boarding and credit review processes and expand credit risk scoring and approval workflows.
“New customer acquisition, credit review, credit scoring and credit approvals are a core business requirement for our customers,” said Chris Caparon, CEO of Cforia Software. “Adding this functionality to the Cforia.autonomy™ platform, is a cornerstone to automating the entire Order to Cash lifecycle. These modules will allow our Clients to seamlessly acquire new Customers thru on-line credit applications, credit bureau integration, reviews, scoring and approval workflows. These modules will complement and expand the current functionality we have around credit risk and order hold management.”
Released at Cforia University in 2016, Cforia.autonomy™ is a completely new, ground-up rewrite of the very successful Cforia MC2™ enterprise software suite for replacing traditional solutions for managing Order-to-Cash (OTC) Lifecycles and Accounts Receivable. Cforia has received global visibility as a leading provider for improving resource productivity working capital outcomes for Cforia Clients in each market segment. 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 corporations and multi-national enterprises with order-to-cash software and consulting expertise for sixteen (16) years and 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.
Cforia.autonomy™ leverages the Cforia.connect(SM) Knowledgebase, 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.
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.
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 250 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 Credit-On-Boarding, Credit Approval Workflow, Credit Risk Analytics, Clean vs. Dirty ReceivablesSM, Capacity Driven Headcount ManagementSM, Cforia Collector Productivity Snap-ShotSM, Order Hold/Release Management, 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 LifecyclesSM, 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.