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Real-Time Order Hold and Release Function
Thriving Through Better Order Hold & Release Management
Credit professionals spend tremendous amounts of time creating credit limits,
which are based upon the exposure a company is willing to accept. But their
primary tool, the order-entry system, has very limited credit checking
capabilities. As a result, many inbound customer orders are put on hold
instead of flowing automatically through the system. When an order does go
on hold, the release process needs to be tied into a promise-to-pay commitment.
Today, that process is manual and reporting is difficult.
Cforia delivers all the functionality needed to optimize this business process.
It also integrates with the source accounting system in real-time. Cforia helps
companies thrive with:
Thriving Through Better Order Hold & Release Management
Credit professionals spend tremendous amounts of time creating credit limits,
which are based upon the exposure a company is willing to accept. But their
primary tool, the order-entry system, has very limited credit checking
capabilities. As a result, many inbound customer orders are put on hold
instead of flowing automatically through the system. When an order does go
on hold, the release process needs to be tied into a promise-to-pay commitment.
Today, that process is manual and reporting is difficult.
Cforia delivers all the functionality needed to optimize this business process.
It also integrates with the source accounting system in real-time. Cforia helps
companies thrive with:
- Automatic ticklers to alert user about held orders
- Workflows to streamline order release process
- Promise to pay tracking
- Broken promise management
- Order release notification via letter system
- "Using Cforia’s advanced credit check processing, we were able to reduce the number of
customer orders going on hold by 50%. This improved order velocity and reduced
departmental overhead." - Generac Power Systems
