If you’re like most B2B vendors, distributors and manufacturers, you’ve probably been facing higher operational costs and lower productivity when it comes to collecting payments. From what we’ve seen, the primary cause has been that many businesses are still using legacy products to manage their accounts receivable (AR) process.
These antiquated systems don’t provide you the modern tools and metrics to adequately track payment collection or resolve incorrect invoices. In the end, many businesses are seeing an increase in their Days Sales Outstanding (DSO) and a lengthened dispute resolution process because of it.
Wind River’s AR Automation tools can help you improve your entire AR process and ERP systems. We understand the weaknesses of many of the systems you’re currently using and can guide you on how to leverage our more specialized tools.
With our AR Automation tools, you can:
Average reduction in DSO after six months of use
Amount of extra accounts the average AR professional can manage with AR Automation
Amount your processing costs could be reduced by
There are three main features that come with AR Automation.