Are you still trying to manage a manual accounts receivable system even though your company has moved most of its information processing needs to the cloud-based ERP software solution provided by NetSuite? Are you still juggling your phone, computer printouts, credit reports and a cup of coffee while you try to assess the credit risk of new or existing customers? Are your computer and cubicle walls plastered with yellow sticky notes so you don’t forget to follow-up on important credit decisions? Well don’t despair. There is cloud-based automated accounts receivable, credit and collection software available, which integrates seamlessly with NetSuite’s ERP platform. Here are some of the benefits you would gain from automating your accounts receivable software and integrating it with NetSuite.
Automated accounts receivable, credit and collection software provides the ability to obtain credit reports online, do research on the internet, and access the credit history of existing customers. This eliminates unnecessary time-consuming manual steps in the credit process. Software integrated with NetSuite provides the ability to readily access external and internal information.
When you have to make calls to check the credit history of a new customer, automated accounts receivable software integrated with NetSuite gives you the ability to make online notes. Conversations with customers, sales reps, and trade and bank references can be noted online for easy reference in the future.
If you need to attach reports or documents, created by any department in your company, to be forwarded to a customer, sales rep or anyone involved in the credit process; automated accounts receivable software with work flow capability makes it possible to accomplish this quickly and efficiently. Automated accounts receivable software integrated with NetSuite makes it much easier to provide documents to all the interested parties.
Automated accounts receivable integrated with NetSuite can provide automated reminders and automatically send follow-up copies of letters and emails. It eliminates the added chore of separately making notes for yourself or entering information in an electronic calendar.
You can eliminate doing credit score sheets manually with automated accounts receivable and credit software integrated with NetSuite. A credit score template can be set up to be automatically populated with data from customer and accounts receivable files. The calculations and analysis will be done fast and error free.
With automated accounts receivable and credit software integrated with NetSuite, you can display top level accounts receivable and credit metrics on the dashboard for easy access and evaluation. Detailed analysis by customer or other parameters can be accomplished by drilling down from the dashboard to the source of the top level information.
Automated accounts receivable, credit and collection software, which can be seamlessly integrated with NetSuite, is available from Lockstep Collect, the leader in cloud-based software solutions made specifically for businesses selling on credit terms. If your firm would like to learn more about how you can automate your accounts receivable, credit and collection software and integrate it with NetSuite, please contact Lockstep Collect.