Collections Automation

Your company demands best-in-class collection results but may not have an effective powerful “production” tool to drive the invoice collections function. Legacy systems are inadequate, ERP systems are complex to customize and not focused, or maybe you are still using Excel spreadsheets to manage your workload. Regardless of which describes your situation, productivity and cash flow are suffering as a result.

Carixa provides a strategy-based Collection System that supports the unique business practices of multiple business units while ensuring defined policies, controls and performance for best-in-class collection results.  Through the use of automation, workflows and unique coding schemas, your organization can achieve and surpass industry benchmarks and KPIs.  Integration is key to the solution, using Credit Data to assign Risk Classes, and Payment Performance to drive Collection strategy and Deduction Resolution Workflows to keep receivable balances and past dues in line with corporate goals.

Achieve best-in-class DSO and cash flow, and reduce delinquency, and bad debts.

Assure outstanding results without adding staff with system-driven performance

Much better net-cost than offshoring

Features

More Benefits

Easy consolidation of multiple business units Corporate wide view of Accounts Receivable
Workflows to drive collection activity Collection prioritization accounts and 100% account coverage
Matrix of transaction, reason, and status codes Application of policies across business units
Collector activity and performance is tracked Detailed audit trail for SOX and auditors
Dashboards and Reporting for corporate KPI’s Comprehensive, flexible reporting

 

For a complete features list, please contact us.