fastrackCRMS: Accounts Receivable (AR) and Debt Collections and Recovery Management Software
The ability to collect greatly affects the sustainability of any going concern, be it a business or a government.
fastrackCRMS is a powerful and flexible delinquent accounts Collections and Recovery Management software. It is specially designed and engineered to strategize, structure, streamline, and automate the collections process to ensure systematic and consistent treatment for different classes of delinquencies.
Effective collections requires more than an accounting solution or ad-hoc spreadsheets as:
- Accounting and line-of-business (LOB) applications are not specifically designed to support the needs of collections operations
- A comprehensive collections strategy need to go beyond aging considerations
- Accounting applications and spreadsheets focus more on number-crunching than relationships
- Standalone spreadsheets do not provide centralized, transparent, consolidated, analyzed, timely information
- Spreadsheets lack workflow process capabilities
fastrackCRMS includes functionalities for: Customer Relationship Management with Case Management focus; Financials Management; and Workflow Management; so integrated to support an efficient and effective collections operations.
When it comes to collections, it is often a case of ‘out of sight, out of mind’. fastrackCRMS allows your business to remain relevantly ‘in sight’ with the minimum resources.
Key Benefits
- Proactively and systematically manage overdue receivables
- Improve transparency, effectiveness, efficiency and productivity, increase recoveries and rate of return of collections effort
- Reduce Days Sales Outstanding (DSO), improve cash flow, and minimize bad debt write-offs
- Build and nurture profitable customer relationship
More details at http://fastrackCRMS.w3engines.com
