Τaking control of overdue balances and the approaching credit limits of your customers is vital, but can be a very big ask of your credit control team.
Our app for Dynamics 365 for Financials helps to remove some of the manual tasks from your Credit Control team, by automatically putting sales orders on hold if a customer has overdue balances or a particular sales order would put them over their agreed credit limit.
Chasing late payments creates significant administrative burdens for small business – 35% said they spent on average 1.2 whole days per month chasing late payments.
Financial Services Bureaux, Late Payments Report 2016
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Spend less time chasing late payments whilst simultaneously reducing average Days Sales Outstanding (DSO)
Help ease the drudgery of manual tasks for your vital credit management team and don’t let cash flow surprises kill your business.
Greater visibility of outstanding balances – by account and credit controller
Assign customers to specific individuals in your credit control team to measure both the performance of each credit controller and their accounts.
Reduce time-consuming admin
Follow up calls/to-do’s are automatically diarised and visible in credit controllers dashboards to remind them when to chase promised payments.
Credit authorisation flexibility
Give nominated users specific credit authorisation limits; enabling sales orders to be released as required and/or define a specific grace period. Alternatively enable them to credit hold all orders to keep an eye on certain accounts, or cash sale accounts.
Faster dispute resolution
For those payments that are disputed, Clever Credit’s integration to Dynamics 365 for Financials means all the information on the order and its delivery is right at hand for your credit controllers.
All interworks.cloud services come with a FREE Standard Support plan, to cover your possible troubleshooting and information needs and demands.
The out of the box FREE Standard Support plan for end-customers features the following:
Care to find out more about the different, exclusive interworks.cloud Support plans? Check out the various editions here that fit your needs, best.
Note: Once you successfully register you will have access to retail prices. When your signed contract gets validated. interworks.cloud will credit in your account your discount based on your partnership level, in case you have already proceeded on any sales.