DataMPowered's Accounts Receivable Toolkit
Our workbench environment allows you to publish your own applications, which can be embedded into business processes helping you and your employees make better decisions.
The Accounts Receivable toolkit is a pre-made workbench created using our Visual Analytics toolkit. It is a tool for strategizing and managing collection strategies for your Accounts Receivable. The tool provides all the information and business intelligence to make choices about how to manage your credit policies and collection strategies.
Just connect your data, select your columns and launch the Accounts Receivable Tool from the Workshop.
Features
Age Tracking
Aging analysis is the first step in highlighting potential issues before they become problematic. DataMPowered offers realtime tracking of AR aging so that you can identify concerns before they spin out of control and trigger a cash flow crunch. This is critical for improving accounts receivable performance.
Collections Management
Collections Management helps organisations improve cash flow, and reduce bad debt by helping, dramatically reduce the time spent collecting from your customers. DataMPowered provides powerful and easy to use drill-down techniques and AI to generate collection lists, using recommended strategies.
Connect to any data source
The DataMPowered AR application provides a range of connectors to a number of popular commercial data sources such as Salesforce, Oracle, SAP, to name a few. If you do not see a connector of your choice, we can create one for you.
Customer Ratings
DataMPowered uses an inbuilt algorithm to monitor customer payment patterns and give rating based on the risk of payment delays. This score is monitored in realtime and provides alerts when the score changes.
Mobile device friendly
Our application is compatible on all mobile devices so that you can take the application with you, anywhere. This is very handy for sales reps and agents on the field, requiring insights on the go.
Follow your Accounts Receivable, in realtime
Monitor key KPIs, such as your Days Sales Outstanding, Average Days Delinquent, Accounts Receivable in realtime. This allows you to view your turnover, settlements, and outstanding amounts, when you receive them. Aging analysis, overdue and settlement patterns are also monitored in realtime.
View your Accounts Receivable at three levels
We allow you to view your accounts receivable at three levels of aggregation. If you are a group of companies, you can view at Group, Company and Customer level. This allows users to drill-down into your details by exception, which makes it easier to uncover potential issues. This can also be at company, department or customer level;company, region,or customer level, and so on.
Realtime narration of your Accounts Receivable outlook
Our application, generates a realtime narrative of the outlook for accounts receivable at three levels, using natural language. The natural language generator narrates the status of Accounts Receivable as the user interacts with the application. You also have the option to drill down to each level, to find out more.