Collections Automation

High Touch to Hi-Tech: The Journey to Touchless Collections

High Touch to Hi-Tech: The Journey to Touchless Collections

Collections is usually envisioned as calling customers on the phone to collect past due amounts. That element of collections will continue and probably never change. However, there are many other important time-consuming tasks that are part of the Collections effort. These include compiling the database of amounts owed by all customers (aka the AR Ledger), …

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Why Credit and Collections are moving to the Cloud

Why Credit and Collections are moving to the Cloud

Is the Cloud too risky for receivables management? Should I continue to wait for IT resources or should I take advantage of a modern cloud receivables management system and start delivering performance improvements? These are the questions on the minds of many finance executives focused on modernizing their AR function. One in five finance organizations …

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