Unlocking the Power of Accounts Receivable with Epicor Cash Collect
Epicor Cash Collect is a cutting-edge solution designed to automate and streamline credit and collections management, transforming the way businesses handle their accounts receivable. By leveraging this cloud-based online platform, companies can automate up to 90% of accounts receivable tasks, leading to a 20% reduction in past due receivables and accelerating payment cycles by up to 12 days. With Epicor Cash Collect, organizations can enhance their credit decisions, resolve disputes swiftly, and optimize cash flow like never before.
Empowering AR Teams for Success
The key to Epicor Cash Collect's success lies in empowering AR teams with the necessary productivity tools to maximize their efficiency. The platform provides a comprehensive view of customer calls, guiding agents on who to contact, when, and why. By automating customer communications, Epicor Cash Collect helps AR professionals focus on strategic tasks, ultimately reducing Days Sales Outstanding (DSO) and improving working capital. Additionally, the solution streamlines credit decisions and dispute resolution processes, enabling teams to unlock cash flow reserves quickly and effectively.
Driving Tangible Business Benefits
Businesses that implement Epicor Cash Collect witness a myriad of benefits that impact their bottom line. By reducing DSO by 20%, companies can secure payments faster, translating to improved cash flow and working capital. The solution also diminishes the risk of bad debt write-offs, saving businesses from financial losses. Epicor Cash Collect's automation capabilities transform back-office efficiency by streamlining customer communications and offering a customer self-service portal. Through these features, the platform consistently drives operational excellence and financial gains for organizations.
Enhanced Collection Effectiveness and ROI
Epicor Cash Collect enhances collection effectiveness by providing AR credit managers with powerful tools to analyze invoicing and payment data, manage invoice disputes, and conduct cash forecasting. By digitizing collections processes, companies can achieve a rapid return on investment due to the cloud-based nature of the software. With simplified startup processes, tailored implementation, and seamless integration with Epicor ERP platforms, Epicor Cash Collect ensures that AR teams can save time, reduce costs, and optimize their credit management practices from day one.
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