Cforia Customers reduce DSO by 10 to 20% during the first 90 days.
Cforia's Accounts Receivable Automation Platform increases efficiency and leans AR metrics by seamlessly managing all related activities from one platform.
Real-Time Seamless Integration across multiple Systems Including SAP, Oracle, Baan, Lawson, Microsoft Dynamics NAV, QAD, JD Edwards, PeopleSoft, BPCS, MAPICS and corporate support systems including CRM, email, facsimile servers, document imaging and POD websites.
Credit, Collections & Deductions Workbench Supports all A/R Departments from a unified workbench that provides instant access to all departmental workflows from a one easy to use interface. Includes integrated Order Management functionality.
OCR Automatic Cash Application Greatly reduce a manual matching and keying process to increase cash application productivity by 100%. Supports EDI, XML, Excel, Lockbox and hard copy remittance advice. Automatic matching against General Ledger held in one or multiple Accounting Systems. High confidence matches can be automatically posted to your GL.
EIPP Customer Self-Service Portal Improves A/R departmental productivity and customer satisfaction by enabling customers to perform mundane invoice and statement reprints for themselves, plus provides electronic payment capability using your corporate existing merchant account to avoid third party processor "per transaction markups." Customer remittance collaboration to reduce unknown deductions.
A/R Collaboration Portal Chargebacks and Disputes originate outside of the AR department, yet the AR team is held accountable for resolution. This means the department or individual responsible for causing an issue becomes invisible to the enterprise reporting system, ensuring that the same problems will continue. Cforia allows chargebacks and disputes to be assigned to these stakeholders. This speeds resolution and enables root-cause analysis.
