A/R Department's Sole Working Platform

Cforia Software’s Credit, Collections & Deductions Workbench provides a single interface for all A/R activities which overlays a company’s current accounting software. As the sole working platform for an A/R Department, the Workbench eliminates the conflicts and confusion that stem from logging onto multiple systems, copying and pasting data between systems and off-platform point solutions including faxes, email, Outlook Calendars and spreadsheets. It provides a number of powerful tools to promote efficiency and increase profits across your company’s A/R Department.

In today’s competitive market, credit and collections departments carry a huge part of the responsibility for reducing DSO, preventing bad debt expense and maximizing cash flow. Enterprise software vendors have ignored this process and have forced A/R professionals to use a number of disconnected and manual tools to handle their responsibilities. This approach has proven extremely labor intensive and costly to organizations.

Seamless Credit, Collections and Deductions Management:

Rules Based Collections
Promise-to-Pay Tracking
Support Point-of-Sale with Time held order management
Days Beyond Terms calculation and trend analysis of every customer’s payment pattern against the unique terms of all invoices
Built-In Report Writer that automates cash forecasting and measures key A/R metrics across Corporate, Departmental and Individual Collector
Separate “clean and dirty” receivables tracking to reduce Days Deductions Outstanding
“What You See is What You Get” programmable Electronic Dunning
Supports multi-languages, multi-currencies, multiple corporate operating units and complex customer hierarchies
Real-Time Data integration with single and disparate ERP landscapes
Deductions coding and database-driven follow-up

Key Features

Credit Management
Collections Management
Deductions Management
Order Hold Management
Cash Forecasting & Reporting
Electronic Dunning System

Suggested Resources:

Why Cforia?: Cforia Product & Solutions Overview

Financial Shared Services: Cforia Global Order to Cash Management

A Single, Global Order-to-Cash Platform: Cforia.autonomyTM