Automating the collections process

Published on the 02/08/2019 | Written by Esker


Automation of collection process

Reducing working capital to accelerate growth…

In recent years, the Working Capital Requirement (WCR) of companies appears to have stabilised throughout the world, despite an increase in Days Sales Outstanding (DSO) in 2017. In Australia, several studies have shown that while Days Working Capital (DWC) has slightly decreased in 2018, it has remained in line with the long-term trend that the number of days it takes to convert sales into cash has grown. By improving their billing and collections process, businesses can improve their Working Capital (WC) and, as a result, free up cash to finance their development.

Emmanuel Olivier, Chief Operating Officer at Esker Worldwide gives his thoughts on:

  • What are the current issues related to working capital management?
  • What actions can businesses implement to better control their WCR?
  • Is debt collection the next step?
  • An approach facilitated by the use of an automated collections management solution

It’s time to put an end to tasks that don’t add value to your process.

Esker_Automating the collections processDownload and discover what actions can a business implement to better control their Working Capital Requirement. Free ebook: Automating the collections process

FURTHER READING

PDF Invoicing_Esker

Preparing your business for PDF and EDI invoicing

July 1, 2019 | Emmanuel Olivier, Esker

Managing EDI is now mandatory, but pdf remains a necessity…

What AR Automation can do

Whitepaper: Thankfully, there’s more to accounts receivable than ERP

April 30, 2019 | Esker

If you’re ready to automate what should be automated in the AR process, this workbook’s for you…

The AI Advantage

Whitepaper: The AI advantage

August 3, 2018 | Esker

A simple guide to elevating your business using human & machine intelligence…

Transform business ops with artificial intelligence

Whitepaper: How to digitally transform business operations

May 17, 2018 | Esker

By embracing digital transformation, organisations can cut out inefficiencies and create effective practices…

Explosive use of mobile

Whitepaper: Extend brand and business with API-powered mobile applications

January 18, 2018 | TIBCO

Decision makers responsible for mobile strategies are constantly looking for more ways to sell products and services…

Post a comment or question...

Your email address will not be published.

Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Follow iStart to keep up to date with the latest news and views...