Accounts Receivable management is often one of the most demanding functions within the business environment. It also continuously impacts the ongoing success of the company, playing a critical role within not only the cash flow management but the bottom line of a company. The other side of the coin in terms of bad accounts receivable management can greatly affect liquidity management, credit decisions, and overall reporting of business functions and corporate sales to various stakeholders.
With most of the business functionality becoming automated, it’s about time that accounts receivable gets an upgrade to ensure that this process is streamlined and provided with a higher level of satisfaction in terms of the cash application process and receivables in general.
How is this demand for more automation being met within the AR collective sphere? Check out our guide below on how apps like AR Collect offer you the opportunity to streamline your creditor’s process, empowering your accounting and receivable teams through the implementation of various AR challenges, ensuring that you get paid faster.
AR Collect: Smooth integration with QuickBooks Desktop and QBO.
AR Collect’s strong appeal lies within its ability to seamlessly interact with platforms such as QuickBooks desktop and QuickBooks online. It integrates with all versions of QuickBooks Desktop, from pro to enterprise! AR Collect is a hands-on accounts receivable collections system designed for daily use by your own in-house collections team. It is intuitive to use and requires no training, ensuring that you and your team can use the system from the get-go. Because AR Collect is outcomes-based, it provides management with visibility, offering a method to track collection activities from initial interaction until the final outcome- getting paid.
From signing up, to tracking your first collection takes only a few minutes, as the platform is extremely easy to navigate. Want to learn more about our integration with QuickBooks Desktop and QBO; check out our integration videos.
Receive strong measurable results with AR Collect
AR Collect is an extremely effective app due to its functionality to help change behavior on 4 different levels. The interface provides for an uncomplicated workflow where managers can view the process in real-time through a convenient login platform. Not only does this provide for easy viewing, but its live environment also offers a continuously updated stream of information.
Due to the convenient integration with QuickBooks online, managers and accounting staff are able to access their accounts receivable software no matter their location, ensuring that the process is perfect for those working remotely or in different geographical locations.
Another key behavioral change is the ability to assign various components to specific personnel within the AR management or accounting department. This offers colleagues within the organization assigned responsibility for their impact on the collection effort. This means that managers are able to track the individual’s ability to successfully ensure invoices are paid and avoid the write-off of bad debt.
AR Collect is also able to provide clients and customers with professional and timeline communication, ensuring that you offer a customer journey that is both enticing and ensures that payment is received. Not only will customers find a liking in the professional nature of this AR Collection automation process, but it will also help act as a reminder for them about the outstanding credit status.
Want to learn more about AR Collect? Contact us today to find out!
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