NEWS
Cforia Software Presents Order-to-Cash (OTC) Best Practices at NACM Eastern Regional Credit Conference
Featured Speaker Bradley Palmer, Cforia Software VP, shares Ten Best OT Practices Study of over 200 companies for improving Working Capital OTC performance.
Cforia Software, LLC., a world leading provider of Order-to-Cash (OTC) and Accounts Receivable (A/R) Integration and Collaboration Automation Software, is attending the annual National Association of Credit Management (NACM) Eastern Regional Credit Conference. The conference, Sunday, September 20th through Tuesday, September 22nd in Saybrook, Connecticut, is hosted by Business Credit Intelligence, powered by NACM New England and NACM Connecticut. Credit and Collections professionals from companies predominantly from the U.S. northeast convene to learn current best practices from industry leaders and colleagues in over 20 educational and networking sessions.
Cforia Software’s Vice President, Bradley Palmer, will present “Optimizing Working Capital: Ten Best Practices in the Order-to-Cash Cycle,” on Tuesday, September 22nd at the conference, sharing valuable industry insights. Palmer will share Cforia’s Best Practices based on industry research and direct experience with more than 200 global Cforia clients.
“Cforia is very pleased to be participating at the NACM Eastern Regional Credit Conference. We have been committed to our strategic partnership with NACM since the founding of Cforia,” says Chris Caparon, COO at Cforia Software. “Many Cforia customers are NACM Regional Associates and they always find the NACM National, Regional and Industry Specific events a wonderful opportunity to reconnect, learn and share new ideas with industry peers. Cforia continues hearing that OTC processes and access to clean and up-to-date information is more challenging than ever, especially with increased departmental demands, internal audit, external regulatory requirements as well as global mergers and acquisitions. These are challenges Cforia has been helping clients to solve for fifteen years.”
About the National Association of Credit Management www.nacm.org
NACM was founded in 1896 to promote good laws for sound credit, protect businesses against fraudulent debtors, improve the interchange of credit information, develop better credit practices and methods, and establish a code of ethics. Headquartered in Columbia, Maryland, NACM supports more than 15,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, industry trade groups and other premier products and services designed to improve the management of business credit and accounts receivable.
About Business Credit Intelligence (BCI) – Powered by NACMNE & NACMCT www.nacmne.com
Business Credit Intelligence ~ Powered by NACM New England & NACM Connecticut (BCI) is a highly respected and valued credit information resource and service provider to over 800 companies throughout the Northeast and Canada. Founded in 1897, BCI is independently owned and governed by our member companies, and is affiliated with the National Association of Credit Management (NACM).
BCI provides companies the business credit intelligence needed to support the extension of quality trade credit that maximizes company profitability through increased sales, improved cash flow, and decreased bad debts within an ethical, legal and professional framework.
Companies rely on us to facilitate trade credit exchange between competitors, sponsor industry credit and special interest groups, provide access to commercial and consumer credit reports, perform credit reference checking services, and offer aggressive yet appropriate collection efforts and recovery services. We assist our clients in selecting “right-sized” tools and solutions to minimize bad credit and appropriately manage credit risk.
About Cforia Software www.cforia.com
Cforia is a global enterprise software provider, delivering industry leading working capital and accounts receivable (A/R) automation software. Over 200 enterprises are managing $240 billion in run-rate A/R portfolios with Cforia today. Its fifteen 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(SM) or On-Site delivery. The comprehensive Cforia software suite maximizes A/R performance through a full software suite which 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 independently manage their own electronic dunning correspondence, reports and credit and collections business logic, without relying on overburdened IT staff and external resources.