Payment Collection
Manage your collection operations efficiently
Debt is an unfortunate reality of doing business. The more customers and the more successful a business is, the more unpaid invoices they will accumulate. Prodware’s Payment Collection solution which fully integrates with Dynamics 365 for Sales or can run in « stand alone » mode allows you to manage your collection operations very efficiently.
This solution helps you improve collection of overdue invoices. Its automated processes lead to significant gains in efficiency, agent engagement and most importantly, collection rates.
Benefits – Payment Collection
Capabilities – Payment Collection
Team management
Manage your collections team and track their progress easily. Get the big picture at a glance with the collection overview dashboard. Easily assign tasks to collection agents and track their progress with one click. Control permissions so that each agent can only access their own assigned accounts.
Identifying debts
Detect overdue payments and assign collection profiles to customers based on company size, credit rating, strategic importance…Group invoices in collection files and manage debt more effectively.
Negotiating payments
Agents can renegotiate debt with customers, automatically creating a negotiation approval workflow. Once the negotiated terms get approved by a supervisor, they can be applied to the outstanding payment plan in just one click.
Planning for debt collection
Once an overdue invoice enters the system, an automatic workflow is triggered depending on the customer collection profile. Tasks are created and scheduled, and remain ready for assignment. Collection plans can be adjusted in real time for specific cases using the powerful workflow editor.
Features – Payment Collection
Why choose Prodware?
We have been around for more than 30 years and have acquired the expertise and experience in helping businesses drive transformation projects. We develop and deploy industry-specific solutions based on Microsoft technology. Our expertise in disruptive technologies and innovation help us provide the solutions and services you need to meet the challenges of your industry while gaining that sustainable competitive edge for your business.