Debtors Manager provides businesses with a tool to improve debt collection processes through reports which illustrate what actions employees are taking to collect outstanding debts. With Debtors Manager you can turn your debtors department into a communication centre, recording all interactions with clients in a central place. Record the reasons for late or non-payment, the actions to be taken, as well as the due or action dates for follow-up, and then print daily reports with a status of promise to pay dates.
Main features in Debtors Manager
- Visibility
- Management is aware of amounts outstanding by aging period and reasons for outstanding amounts
- Debtors reconciliations are instantly available
- All outstanding accounts can be properly tracked, so the risk of overlooking a debtor for an extended period is vastly reduced eradicating write-offs
- Cashflow forecasts - set targets for collections and manage them against targets
- Increased productivity
- Send automatic e-mails to clients with outstanding amounts