If you are a CFO or part of the team reporting-to/supporting the CFO, timely invoice payments and effective collections process is one of your top priorities. Rightly so, this post is for you.
All timely invoice payments would be an idealistic world. An effective collection process and Collection schedules, thus come to the picture.
Key highlights of Embrix Collections process are,
- Managing automated collection schedules for different customer profiles with different set of automated actions.
- Automatic execution of the collection schedule for each customer.
- Manage manual actions beyond the automated collection actions.
- Offer flexible payment installment plans for each invoice in collection or across invoices.
- Notify customers for automated collection actions for payment reminders, status change of subscription or account.
- Monitor collection agent activity for collection admin
- Keep track of collection KPI’s with effective and customizable reports and dashboards.
Partner with Embrix and reach out to us at sales@embrix.com for a demo or consultation.