Cforia Software: Credit Collections & Deductions Automation
Cforia Software delivers a comprehensive Lean Accounts Receivable Solution including Credit, Collections, Deductions, Auto Cash Application, Customer Self-Service and Interdepartmental Collaboration. Seamless near real-time integrations across multiple QAD and other AR data sources support Shared Service Centers including AR Analytics and Cash Flow Forecasting across divisions worldwide.
Cforia will reduce DSO, increase productivity and cash flow by automating Accounts Receivable. This easy to use snap-on application leverages a rules and letter engine to drive extra and timely customer touches. Extensive new data points, KPI’s and short pay workflows allow for dirty/clean filtering of AR for root cause analysis, identifying credit risk and accurate cash forecast.
Cforia’s design enables quick implementations with minimal IT involvement. The ROI for a Cforia AR Automation project is typically three to six months.
Give AR departments Complete Control
A typical AR analyst will use 20 – 40 different tools to manage the largest asset on the balance sheet. This structural inefficiency is the problem that Cforia solves. Cforia turns reactive behavior to proactive credit and collections workflows.
The Value of Cforia AR Automation
Cforia dramatically reduces DSO and improves the workflow and productivity of the AR department, providing a fast and high ROI with minimal impact on IT resources. Manual processes are replaced by an application suite tightly integrated with QAD. Multiple instances (and other databases) can be consolidated for shared service center operations and corporate reporting requirements.