Westlake Village, CA: January 15, 2014 — The collection letter is one of the most important tools in a credit professional’s arsenal, but oftentimes it is a manual, time-consuming task. Many ERP systems lack the flexibility that your A/R Department needs to generate letters based on a customer classification, amount owed or delinquency. This lack in automation causes a delay in delivering the letter and inevitably leads to a delayed payment.
Automated dunning processes provides free customer touches with existing headcount. User definable templates and automatic escalation allows the appropriate messages to be sent to your customers.
Learn how you can increase efficiency within your A/R Department:
- Learn to create dunning letters and statements that can be automatically sent via email, fax or regular mail in minutes without IT support.
- User definable rules engine for automatic escalation
- Embed financial details within letters
- The importance of real-time integration to prevent sending letters to customers who have already paid
- Matching each customer with the right business logic
Full Video Replay and Presentation Slides are available for download here.
ABOUT CFORIA SOFTWARE
Cforia Software, LLC. (Cash Flow Optimized, Real-Time Information Access) is a global company that provides the industry leading A/R Automation software used by large corporations to manage over $220 billion in open A/R. Cforia’s rapid growth is driven by superior technology that includes real-time data integration across disparate ERP systems, order management, separate clean and dirty receivables tracking, plus handles multi-currency, multi-languages and multi-business units. Our comprehensive software suite maximizes A/R performance through an integrated platform that includes OCR Auto Cash Application, Credit, Collections and Deductions Management Workbench, Electronic Billing and Online Payments and A/R Collaboration Portal. Cforia’s A/R Automation empowers Finance Departments to manage their own electronic dunning correspondence, reports and credit and collections business logic without having to rely upon overburdened IT staff or outside consultants.
Contact: Mollie McIntyre, Marketing Director
Phone: (818) 871- 9687 ext. 7112