Often the largest asset on a balance sheet, receivable is critical to a company’s financial health. Thought extending credit to your customers helps boost sales, it also increases your cost of working capital and financial risk, especially in challenging economic times.
Run Account Receivables offer a powerful and flexible solution for managing credit, collections, deductions, and disputes, in addition to core receivables processes. Run Account Receivables enable company to increase cash flow. Reduce operating cost, minimize bad debt, and ensure compliance with accounting guidelines.

Benefit

Credit and collection management :By integrating credit and collection management into the receivables process, Run Receivables allows you to manage customer account balances consistently and automatically
Analyze customer activity by viewing a chronological history of transactions over a specified period and drilling into item-level information
Manage customer account information by storing and maintaining an unlimited number of addresses and contacts per customer, as well as the history of credit status, disputes, and conversations. Link a conversation to a customer or item and attach documents to a conversation.
Deduction and Exception Processing: By using the deduction and dispute management functionality within Run Receivables, you can handle exceptions quickly and cost effectively
Identify customers by name, customer identifier, city, postal code, item identifier, purchase order identifier, or document reference identifier
Write off small remaining balances based on user-defined tolerances.
Create customized accounting templates to minimize data entry and streamline how each user performs their tasks