Chris Caparon will be presenting with a FORTUNE 250 Client at the ICTF International Credit Professionals Symposium in Krakow, Poland. Together they will be discussing the disruptive technology platform created by Cforia for better Order-to-Cash Lifecycle Management.
Cforia Software, Inc., is a world leading provider of Working Capital optimization software. Cforia has delivered a breakthrough, next-generation thin-client software technology, for optimizing resource productivity and cash-flow impact. Cforia will present at the ICTF’s International Credit Professionals Symposium in Europe, occurring May 14 – 16, 2017, at the Sheraton Grand Krakow Hotel in Poland.
Cforia.autonomy™, was announced at the Cforia University in Los Angeles, CA, offering a powerful new approach to traditional solutions for managing Accounts Receivable. These include Data Integration, Collections Process Improvement, Global Credit Risk Visibility & Mitigation, Dispute Lifecycle Case Management, Customer Facing Collaboration Portals for Self-Service and Business Analytics which drive actionable workflow.
Over the last 16 years, Cforia has built a global software and consulting business, which today manages over $275B in Accounts Receivable (A/R) turnover, in 70 countries, across hundreds of different billing 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 targets gaps within their traditional enterprise requirements planning systems (e.g. Oracle and PeopleSoft, Microsoft, JD Edwards and Infor). Cforia.autonomy™ Users share and benefit for collective local intelligence to drive great working capital impact.
Chris Caparon, Chief Operating Officer of Cforia said, “We continue to expand the Cforia global footprint with the release of Cforia.autonomy™ and professional organizations like the ICTF and their International Credit Professionals Symposium in Europe and the United States, are fantastic venues to exchange new ideas with global multi-national enterprises facing worldwide challenges.”
Chris continued, “Today Cforia has clients operating in 70 countries and they deal with complex billing systems many times spread across multiple ERP systems like SAP, Oracle, PeopleSoft, Microsoft and a multitude of legacy environments. There are many challenges in these mixed environment doing things like Customer segmentation, treatments, aggregated risk roll-up across global Parent-Child hierarchies, in addition to setting resource priority based on their capacity. These are traditional gaps in their existing systems, which need to be filled, to better manage working capital throughout the order to cash lifecycle. ICTF is a great place to have these kinds of dialogues.”
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, analyze and improve) process disciplines with Cforia’s new Capacity Driven Headcount ManagementSM resource allocation analytics to accelerating the pace at which companies can achieve breakthroughs in key OTC 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 have the ability to departmentally create prioritized work lists in minutes, without traditional IT or required Vendor support. Users are able to 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 ManagementSM. Within minutes, management can reassign priorities by individual resources or shared services teams, by customer segmentation and appropriate treatment strategy. Users have the ability to 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 ModelingSM process has the ability to change priorities on-the-fly, in real-time.
About International Credit and Trade Finance (ICTF) ICTFworld.org
ICTF is the independent, not-for-profit, member-led aassociation International Credit and Trade Finance professionals, launched by the former FCIB/NACM board members in 2010, providing a distinct advantage to those who seek greater expertise in the field of international credit management.
Having attracted top international talent and over 750 members, ICTF has evolved as the association of choice for international credit professionals worldwide.
ICTF is dedicated to supporting the goals and serving the needs of its members and the international business community by providing unmatched expertise, powerful connections, leading edge resources, educational programs and services. The association offers real time business intelligence, exceptional opportunities for ongoing professional development and growth, and an unparalleled forum for benchmarking, sharing of best practices and the latest innovations in the industry.
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 $275 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 ManagementSM, Cforia Collections SnapshotSM, Credit Risk Analytics, Order Management, Clean vs. Dirty ReceivablesSM, 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.