Key features & benefits
- Reduce payment delays with streamlined processes
- Spend less time chasing payments with automated overdue debt strategies
- Simplify debtor follow-ups with inbuilt, streamlined processes
- Unlock efficiency with instant access to detailed debtor transaction histories
One platform for managing debt
Capture rich debtor dataSave time by consolidating every debtor’s details in one integrated register including addresses, contact details, terms, payment methods and access this information any time via a simple, user-friendly interface. Coupled with our integrated Debtor Portal, save time by enabling customers to update their own information, self-serve their account and transaction status and submit enquiries.
Easily gain insights into DebtorsEmbedded analytics provide real-time insights into debt status, with direct access to see every debtor’s outstanding balances and transaction lists. Gain the flexibility to then drill down to source transactions to understand their impact on the general ledger and analyse debt ageing.
Configure processing for different document typesConfigure your data entry screens and system procedures to suit the documents you need to process. Set up different data entry formats for invoices, adjustment notes or receipts, and enjoy total control over how the system processes them, with the flexibility to capture different information based on the type of document as required.
Simplify the approval workflow and document transmissionUnlock efficiency with automated approval processes. Once you enter all the data relating to a particular document, your automated workflow routes it to stakeholders for approval and posting to ledgers, with the ability to transmit documents to debtors in their preferred format.
Stay in control of your debtor statement processesEnjoy flexibility in how you create statements for debtors, either for open items or brought forward balances. Automate the statement process using flexible worksheets and streamline the transmission of statements to debtors in their preferred format.
Recover outstanding debtsIt’s easy to recover outstanding payments with an effective overdue debt management strategy. Build your organisation’s debt recovery and overdue debtor trading policies into every step of the debt management process, allowing you to focus on debt recovery. Easily create formal payment plans and keep detailed records of your interactions with debtors.
Process payments more efficientlySave time and reduce the administrative burden on your team by using our simple, intuitive interface to process multiple direct debit payments and receipts via other payment methods.
Streamline transaction processingAutomate recurring revenue with the simple, powerful functionality of the Recurring Documents feature. Cut down on administration by automatically receiving and processing invoices from operational systems, following your defined workflow processes.
Ready to learn more?
Complete the form to speak to a Financials sales expert about how TechnologyOne can help you.