CFO/Executive: Transform your AR department into a competitive advantage
Survive:
Accounts Receivable is the last manually managed strategic asset
on your balance sheet. Your receivables department survives today by using
a patchwork of reports, system inquiries, fax machines and
old-fashioned hard work to operate. What measurements do you have
in place to know AR is optimized? Is days sales outstanding
(DSO) your only measurement? If you've upgraded your technology,
manufacturing or service tools, isn't it time to unlock cash flow and profits
from accounts receivable?
Thrive:
Cforia's products automate, streamline and measure all AR-related activities.
Companies thrive with the cash flow generated and the efficiencies gained.
Cforia's powerful reporting tools deliver new financial controls for cash-flow
forecasting, improving collection efficiency and conducting root-cause analysis
for late-payments and deductions. Cforia's products will:
Accounts receivable is every company's top priority, yet the systems used to manage this important asset have not changed
since the advent of the fax machine. Credit and Collection Management Professionals are forced to use an array of reports,
inquiries, faxes, Post-it notes, and countless phone calls to generate cash flow and working capital. Companies spend millions
on IT to optimize everything from manufacturing to human resources. Why not receivables?
With Cforia, CFOs/senior executives are ensured a more successful company with a healthier balance sheet. ROI is months
away, not years. Through greater transparency and more effective accounts receivable practices, Cforia can transform a
company from a survivor into a thriving enterprise.
The Cforia difference for corporate management:
Survive:
Accounts Receivable is the last manually managed strategic asset
on your balance sheet. Your receivables department survives today by using
a patchwork of reports, system inquiries, fax machines and
old-fashioned hard work to operate. What measurements do you have
in place to know AR is optimized? Is days sales outstanding
(DSO) your only measurement? If you've upgraded your technology,
manufacturing or service tools, isn't it time to unlock cash flow and profits
from accounts receivable?
Thrive:
Cforia's products automate, streamline and measure all AR-related activities.
Companies thrive with the cash flow generated and the efficiencies gained.
Cforia's powerful reporting tools deliver new financial controls for cash-flow
forecasting, improving collection efficiency and conducting root-cause analysis
for late-payments and deductions. Cforia's products will:
- Reduce DSO
- Increase departmental efficiencies
- Decrease bad debt
- Increase working capital
- "In the first year, we reduced DSO by over 20 percent generating over $500,000 in
working capital." - Club Car
Accounts receivable is every company's top priority, yet the systems used to manage this important asset have not changed
since the advent of the fax machine. Credit and Collection Management Professionals are forced to use an array of reports,
inquiries, faxes, Post-it notes, and countless phone calls to generate cash flow and working capital. Companies spend millions
on IT to optimize everything from manufacturing to human resources. Why not receivables?
With Cforia, CFOs/senior executives are ensured a more successful company with a healthier balance sheet. ROI is months
away, not years. Through greater transparency and more effective accounts receivable practices, Cforia can transform a
company from a survivor into a thriving enterprise.
The Cforia difference for corporate management:
- Build shareholder value - Cforia helps increase the bottom line with reduced days to pay, bad debt and chargebacks.
- Cash forecasting - Cforia ensures accurate predictions of cash flow and liquidity that helps a company further optimize
assets by enabling strategic management of investments. - Real-time financial controls - Cforia integrates seamlessly with the source accounting system to provide current data,
not batched, for informed decision making. - Sarbanes-Oxley compliance - Cforia makes it easier to track and report the necessary credit and receivables metrics.
- Metrics - Cforia provides information to enable root-cause analysis of slow pays, short pays, chargebacks and other
- receivables issues to develop business process improvements.
- One-click sort - Cforia gives a CFO easy access to customer accounts, collector efficiency and company cash flow
performance. - Rapid ROI - Cforia is easy to install, easy to implement and easy to use. Because it integrates with existing accounting
systems, rather than replaces them, Cforia requires little IT support and is up and running in weeks.
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