Financial Shared Services Center

Enhance A/R Department Visibility

The ability to discern and address financial issues across a company’s variety of business
units is crucial to improving internal productivity and external customer satisfaction.
Leveraging technology in this area promotes corporate unity to your customers and allows
members of your Finance Department to place their focus in other areas.

Cforia Software provides Shared Service Centers with a comprehensive solution that
handles all Credit, Collections, Chargebacks and Cash Applications from a single platform.
Today it is used worldwide to support large shared service environments including
companies such as Textron, Thermo Fisher Scientific, Ashley Furniture and NAPA Auto
Parts.

Using the A/R Automation Industry’s only Real-Time Data Integration, will enable your
company to drive today’s credit and collection activities using the most current financial
data. It further solves all issues of multiple currency, multiple payment types, multiple
languages and disparate ERP issues while our open system integration provides the ability
to reuse your company’s existing technology seamlessly.


Seamless Credit, Collections, Chargebacks & Cash Application:

  • Works with any ERP system including SAP, Oracle, Baan, Lawson, PeopleSoft,  JD
    Edwards, BPCS and MAPICS
  • Real-Time data access with order hold  and release functionality
  • Prioritize collection activities so that your Collectors are always working on the most
    important activities that are designed to maximize cash flow
  • Provide visibility into the number of calls, letters, email and key metrics of every
    Collector in your organization
  • Create an audit trail that tracks customer’s A/R metrics and trends through a
    Management Dashboard
  • Code, collaborate and perform root-cause analysis on Chargebacks
  • Automated Cash Forecasting in minutes
  • Avoid manual spreadsheets

Key Features:

  • Credit Management
  • Collections Management
  • Chargebacks Management
  • Improve A/R Visibility
  • Prioritize Collection Events
  • Track Customer A/R Metrics
  • Real-Time Data Integration
Financial Shared Service
Centers
More Resources:
Solutions:
Key Features
<<" We bought Cforia Software
as a part of going to a Shared
Service model. This project was
justified by a 10% staff
reduction. Cforia grew our call
volume by 400 per day. We
drove down DSO by 10% in the
first 90 days. It continued to
lower by 20% during the first
year."

- NAPA Auto Parts
Testimonial

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