Cforia Software Announces Next Generation Data Connectors for Customer Master Data Acquisition at the 123rd Annual NACM Credit Congress in Denver, CO
Cforia continues to build on its Cforia.autonomy™ Machine Learning capabilities to dramatically improve Implementation Time-to-Value and reduce Client IT Requirements
Los Angeles, CA and London, England – Cforia Software, Inc., a world leading provider of software and services for automating global Order-to-Cash business processes, announces the availability of new Customer Master Data Connector Technology:
· Cforia.autonomy™ Next Generation Data Connectors (CNGC)
“With our enhanced Data Connector Capability, Cforia.autonomy™ is shortening our Client’s IT resource requirements for Customer Master data capture and translation, as well as creating clean receivables and establishing parent/child hierarchies, for more accurate Customer Intelligence. This new capability continues to extend Cforia’s lead in helping companies to improve Working Capital and the productivity of the resources dedicated to managing a company’s book of business.” said Chris Caparon, CEO, Cforia Software.
“In addition to the SAP ECC6 and S/4HANA certifications we announced earlier this year, Cforia now provides Next Generation Data Connectors data for all major billing systems, including SAP, Oracle, Microsoft, JD Edwards, IBM Custom Software and many others”, continued Chris. “Accurate, Up-to-Date and clean receivables at the global parent/child hierarchy level, is the only way Artificial Intelligence (AI), Learning Algorithms and Robotic Process Automation (RPA) work properly and produce far fewer errors. Without a complete picture of your Customer’s Master Data, generating accurate Customer Intelligence is simply not possible.”
“For seventeen plus years, Cforia has been focused on improving Accounts Receivable Portfolio Management, increasing the efficiency of thousands of Credit, Collections, Disputes and Deductions resources in over 100 countries. The addition of the Cforia.autonomy™ Next Generation Data Connectors extends our market leadership.”
The Cforia Next Generation Data Connectors make the process of accessing critical Customer Master Data, often located in disparate billing systems like SAP, Oracle and Microsoft and stored in different data formats, faster and more accurate. This Cforia differentiator means less Client-Side IT is needed to aggregate, rationalize and build correct Customer Intelligence. Cforia has expanded the Cforia.autonomy™ robotic process automation (RPA) engine, to eliminate repetitive non value-add activities and create greater scalability and replicability within order-to-cash lifecycles.
Cforia also announced hundreds of new product features and enhancements, from improved information security controls, one-time payments, portal self registration, scheduled and automatic recurring payments, new analytics graphics, data search capabilities and numerous architectural improvements to accelerate performance and responsiveness.
Cforia.autonomy™dramatically reduces client-required IT resources traditionally needed for aggregating and rationalizing complex/disparate system-of-record and system-of-engagement needed for order-to-cash processes across a global enterprise.
The Cforia platform uses Artificial Intelligence (AI), Learning Algorithms and Robotic Process Automation (RPA) to rapidly model working capital outcomes and efficiently assign optimized workloads. Cforia pioneered Capacity Driven Headcount Management and we continue to improve on the scope, features and function of User-Interfaces. Within seconds, management is reassigning finance priorities for individual finance resources or global financial shared service center (FSSC) teams. Using AI and RPA, with dynamic Customer Segmentation and Treatment Strategies, Cforia is assigning global team priorities and measuring performing against evolving order-to-cash models in seconds.
About Cforia www.cforia.com
Cforia Software, Inc. is a global software and services provider, delivering world leading order-to-cash solutions to over 250 enterprises in 117 countries, managing $425 billion in A/R turn-over. For seventeen years Cforia has led global delivery of superior technology integrated with proprietary real-time data integration tools across complex and disparate billing systems. Cforia.autonomy™ delivers Cash Application, Bank Reconciliation, Customer Self-Service Portals, Capacity Driven Headcount Management, Collector Snapshot Workbench, Credit On-Boarding and Application Processing, Global Credit Risk Roll-Up, Order Hold/Release Management, Clean vs. Dirty Receivables, Multi-Language/Currency, Global Parent/Child Hierarchy, Collaboration and Dispute Lifecycle Management. The new Cforia Next Generation Data Connectors (NGDC) simplify implementation and reduce IT support requirements. Cforia.autonomy™ empowers Finance Departments to independently manage their order-to-cash workflows, electronic dunning correspondence and credit and collections business logic and business best practices and analytics, without relying on an overburdened IT staff or expensive external resources.