How can a credit management department ensure customers pay faster?
The answer is simple: an efficient Order to Cash process.
Onguard believes that specialized credit management software can help companies achieve greater efficiency. They can maintain order in their processes all while reducing DSO’s. Intelligent tools can seamlessly be interconnected and subsequently offer an overview and control of the payment process, as well as contribute to a sustainable customer relationship.
What is credit management?
Successful credit management is fundamentally about increasing the predictability and therefore reducing the risk associated with cash flow. With a focus on customer relationships as well as financial transactions, applying an optimized philosophy of customer intimate credit management can reduce DSO significantly. By applying sophisticated software, like CreditManager, in which cash allocation and credit management can be integrated into one single solution – you allow customers to make more informed business decisions and reduce future risks.
- Decrease DSO
- Increase customer satisfaction
- Customer segmentation
- Cash flow forecasting
- Integration with all major ERP systems
- Global partner network
Stay ahead by achieving transparency and interaction around your accounts receivables.