Receivable invoices grouped on customer level Accordion Content
Provides the agent with aggregated data with list of customers, outstanding invoices to be collected, due dates, debit notes, disputes, etc. for each collection item’
Plan cash flow interventions with full visibility of outstanding receivables
Disclaimer:The figures generated by this calculator are intended
as a guide only. This shall not, and is not intended to,
constitute any funding commitment. Rates will be given by
financiers according to their analysis of yours and your buyer's
risk profile.
Key Product Features
Faster Receivables Recovery with AI-Based Worklist Prioritization
Capture And Manage Customer Interaction And Improve Dunning Outreach With Automation
Real-Time Visibility into Collections Metrics and Collectors KPIs
Quick Dispute Resolution With Customer Portal
Faster Receivables Recovery with AI-Based Worklist Prioritization
Auto-prioritize customers with AI-based payment predictions, promise to pay analysis, aging analysis, AI-powered customer segmentation
Customize your collection strategies with AI-recommendations in accounts receivable collections software
Stay up-to-date with payment posting information throughout the day and eliminate erroneous collection calls
A SaaS-based collections product is a software as a service platform designed to help businesses manage their accounts receivable and improve their collections process. It typically includes features like automated payment reminders, debt tracking, and reporting.
A collections product works by integrating with a business’s accounting software such as an ERP and automatically sending payment reminders to customers who have outstanding invoices. The product also provides a dashboard where businesses can track their accounts receivable and monitor the progress of their collections.
The benefits of using the product or tool for collections include improved cash flow, reduced time spent on collections, and increased efficiency. By automating the collections process, businesses can focus on other areas of their operations and avoid the hassle of manual collections.
A SaaS-based collections product is suitable for businesses of all sizes and industries, from freelancers to large corporations. Any business that wants to improve its collections process and manage its accounts receivable more effectively can benefit from using a SaaS-based collections product.
Some essential features to look for in a collections product include automated payment reminders, debt tracking, reporting, integrations with accounting software, and customizable templates for communication with customers.
Yes, CMS collections products typically offer strong security measures to protect customer data and complies with industry regulations like GDPR and CCPA.