CHARDON, OH, MAY 18, 2018 — A large global financial management firm using Lockstep Collect, automated accounts receivable software for credit and collection management, has added even more user licenses to manage their accounts receivable. As the company grows and expands, Lockstep Collect has allowed them to manage their growing cash flow more efficiently. The company has worked with Lockstep Collect over the years and has purchased over 1,000 user licenses for their accounts receivable team to utilize the software.
The financial management firm was looking for a way to streamline their daily collections activities using email and invoice presentment automation, automated reminders and follow ups, invoice disputes management with automated escalations and reporting tools. Lockstep Collect is able to offer a solution to all those needs, and exceed them with their unmatched functionality in the automated accounts receivable software industry. On average, Lockstep Collect saves users 600 hours of accounts receivable management time a month, while increasing collection effectiveness and eliminating bad debt.
“We’re thrilled to have this company on board as one of our clients,” said Bill Henslee, CEO of Lockstep Collect. “This firm has been a client for years. It says a lot for such a large company, with such a large accounts receivable team, to continually put their trust in Lockstep Collect to help manage their cash flow and reach 1,000 users on the system as they grow and expand.”
About Lockstep Collect
Lockstep Collect (www.lockstep.io) developed by e2b teknologies is a leading cloud-based accounts receivables credit and collections management system integrated to popular ERP accounting software. Lockstep Collect is designed specifically for businesses selling to other businesses on credit terms to streamline and automate the entire accounts receivable credit and collections process from invoice to cash. Available in four editions and five languages, Lockstep Collect includes invoice dispute management, cash forecasting, business intelligence, automated customer communications, online bill payment, and credit management allowing most companies to realize a return on investment in as little as two months.