Receive Early Warning of At-Risk Customers

Days Beyond Terms (DBT) Trend Analysis measures customer payment performance bills against the credit terms of their invoices. Many ERP systems cannot calculate DBT performance. Customer deductions and disputes distorts the accuracy of this calculation in ERP systems. Most corporate credit departments have too many accounts and lack sufficient analysts to monitor every account.

Cforia Software’s Credit Management Automation leverages payment trend information that is locked within your accounting system to alert when a customer is at risk. Automatic notifications are triggered when a customer exceeds preset thresholds. Follow up tasks are created and assigned to credit analysts to perform comprehensive risk assessment.

Separate “clean and dirty” receivables tracking improves the accuracy of our DBT trend analysis. Clean receivables are defined as transactions that are not disputed. Dirty Receivables includes transactions that are either deductions or disputes. Separate tracking of these two classes quickly identifies the correct amount that each customer “should” by paying to keep ┬átheir account current.

Improve Customer Credit Risk Assessment

Calculates Days Beyond Terms with trend analysis
Monitors consumption of credit limit
Separately tracks “Clean and Dirty” Receivables to improve the accuracy of individual customer Days-Beyond-Terms analysis.
System can automatically pull credit data from third party credit services including DnB, Experian, Equifax, Graydon, NexisLexis and EDGAROnline.
Automatically flags customers with deteriorating credit metrics to analysts for in-depth evaluation.
Maintains and audit trail of customer credit history and rating actions.
Set thresholds for different customer sizes and industries.
Handles seasonality automatically.
Automate and improve Cash Forecast Accuracy.
Works with any ERP system(s) including SAP, Oracle, Baan, Lawson, PeopleSoft, JD Edwards, BPCS, MAPICS, Dynamics, Progress, QAD and most other ERP Systems.

Key Features

Auto DBT Trend Analysis
Credit Reporting
Create & Assign Follow-Up Tasks
Track “Clean & Dirty” Receivables
Set Rules by Customer Type
Create an Audit Trail

Suggested Resources:

Why Cforia?: Cforia Product & Solutions Overview

Financial Shared Services: Cforia Global Order to Cash Management

Credit Management
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