ü An immediate reduction in Accounts Receivable balances. As an example, a 3 day reduction in AR (a very reasonable and achievable target) will generate $8,200 in cash flow for every $1 million in revenue). Thus, a $10 million dollar company should be able to generate $82,000 in cash flow simply by employing the Collections Management Solution for Microsoft Dynamics NAV. ü Priced at only $3,500 including installation and implementation, the ROI for this application can be measured in a few months, not years. ü Instant identification of overdue invoices. ü Elimination of the inefficient and ineffective Aging Report as the control document that drives the collections process. ü Assignment of collections responsibility to named individuals within your firm. ü Support for multiple collections reps, each assigned to specific customers. ü Support for sales reps who can view their customer’s overdue accounts or participate completely in the collections process. ü Utilization of a built-in, collections specific Contact Manager to track and resolve each overdue invoice. ü Access to all information relating to each overdue invoice from within the application. ü Tracking of each contact event, unlimited notes for each contact event and the recording of promised payment date. ü Scheduling of next contact date at the end of each contact event. ü Collaboration with any other person in the organization to facilitate collection. ü Comprehensive management oversight of the collections process.
|