Cforia Software Presenting “Ten Best Order to Cash (OTC) Projects” at Credit Research Foundation 2015 Spring Forum in Arizona
Cforia Software’s COO, Chris Caparon will be presenting findings from over 200 Cforia Client Engagements in his session “Best Practices in (OTC) Project Management- Project Selection – Fastest Time to Value”.
Cforia Software, Inc., a world leading provider of Order to Cash (OTC) and Accounts Receivable (AR) Integration and Collaboration Automation Software, will be presenting at the Credit Research Foundation (CRF) Spring forum in Arizona. Chris Caparon, COO of Cforia will be speaking to over 200 attendees on the topic of OTC Project Selection and Management. The educational session highlights results within the top 10 projects that AR professionals and credit managers are often tasked with managing and delivering within their corporate finance departments.
Cforia will present to CRF membership these projects in terms of return on investment (ROI) and the added value their departments drive in helping their company optimize available working capital. The session will highlight these OTC project topics:
1. Accounts Receivable Collections Methodology
2. Invoice Dispute and Deductions Resolution Handling
3. Order Hold/Release Decisioning and Processing
4. Application of Invoice Payments – Cash App
5. Lockbox Handling
6. Generating Reports and Departmental Performance Analytics
7. Billing Process Methods
8. Multi-ERP Consolidation and Global Customer Management
9. Credit Risk management
10. OTC Organizational Effectiveness
The analysis and best practices discussed are based on Cforia client results, many experienced over 14 years of partnerships with Cforia and many new international client deployments.
Year-over-year revenue growth for Cforia was strong with a 58 percent increase from 2014 to 2015. Global revenue and client-base expansion was seen across new industry verticals and operating countries. “With each new complex customer requirement, we gain broader insights into developing global challenges facing today’s Credit and AR professionals.” says Chris Caparon, COO Cforia Software. “The finance departments are challenged with constantly changing performance, fiduciary and regulatory responsibilities they need to address quickly and efficiently. To match this pace, Cforia software and services are constantly evolving to meet new and developing challenges and we are honored to be in a position to share some of our findings and results with the CRF community of professionals.”
View the complete agenda to see all of the sessions being presented at the CRF March Forum.
Credit Research Foundation & Cforia Software
Cforia Software has been a Platinum Partner of the Credit Research Foundation since 2012. With CRF being the foremost non-profit, member-supported, education and research organization dedicated to the credit and financial management community, the partnership has proven to be very beneficial for Cforia. “The world of accounts receivable and financial management is one that is always evolving and changing. In order to better serve our current customer base and work with new clients, it is crucial that we as a software company stay educated in understanding the challenges that our client’s face.” continued Chris Caparon, COO Cforia Software. ” CRF does a superb job of providing this cross-industry platform for up-to-date education of CRF members, and Cforia is happy to both learn from and assist with sharing best practices with the membership.”
About Credit Research Foundation
The Credit Research Foundation is an independent, non-profit, member-run organization, consisting of a dynamic community of like-minded business professionals with a vested interest in improving and fostering the field of business-2-business credit while focusing on the practices and technologies of the discipline. CRF is the premiere industry advocate for the B2B credit community; the bridge in the customer financial relationship. Cforia Software is proud to sponsor CRF as part of their Platinum Partnership Program and offer valuable contributions to the membership community.
About Cforia Software www.cforia.com
Cforia (www.cforia.com) is a global enterprise software provider, delivering industry leading working capital and accounts receivable (AR) automation software. Over 200 enterprises are managing $240 billion in run-rate A/R portfolios with Cforia today. Its fourteen years of success have been driven by superior technology integrated with proprietary real-time data integration tools across complex and disparate ERP systems. Cforia Collections Snapshot(SM), Credit Risk Analytics, Order Management, Clean vs. Dirty Receivables Tracking, multi-languages/currency, global Parent/Child risk roll-up and multi-business unit solutions are available in Hosted on On-Site delivery. The comprehensive Cforia software suite maximizes AR performance through a full software suite which includes OCR Auto Cash Application, Credit, Collections and Deductions Management Workbench, Electronic Billing and Online Payments and AR Collaboration Portal. Cforia’s AR Automation empowers Finance Departments to independently manage their own electronic dunning correspondence, reports and credit and collections business logic, without relying on overburdened IT staff and external.