Today e2b teknologies, the publishers of Anytime Collect credit and collections management software, announced that a premier commercial and industrial refrigeration products and service distributor recently selected Anytime Collect to automate collections management for Microsoft Dynamics GP.
Prior to implementing Anytime Collect, this quickly growing company was managing an increasing number of invoices for their expanding customer base using the basic A/R features provided within their Microsoft Dynamics GP system. This manual approach, used by many organizations across industries, requires collectors to manage information in multiple places and utilize spreadsheets to track invoices and manage important customer information. This was a time consuming and error prone process that the company came to realize was delaying invoice collection and impacting their bottom line. It was this awareness that triggered the search for a solution that led to Anytime Collect, an ISV solution that automates the entire A/R management process to help the company get paid faster.
Advanced features and powerful workflow automation in Anytime Collect has replaced the company’s manual processes and allows users to automate payment reminder emails, prioritize collection activities, archive customer email conversations, automatically schedule follow up activities, manage disputes, evaluate credit risk, more accurately forecast cash, centralize critical information, track performance metrics, and much more.
“Access to cash is critical for a growing company like this one but often times gets tied up in accounts receivable due to inefficient and ineffective collection processes,” said Anytime Collect Sales Manager, Adam Lynch. “Industry research and our past experiences shows that companies who extend the A/R functionality within their ERP systems with automation can triple the amount of time spent working with customers and collect invoices about twenty percent faster. This allows companies to significantly reduce bad debt and increase the cash flow and working capital they need to support future growth.”
Automated data synchronization and tight integration with Microsoft Dynamics GP were two critical characteristics the company was looking for in their new solution which Anytime Collect was able to deliver with ease. The software has direct integration with Microsoft Dynamics GP and automatically syncs with the ERP system to ensure that customer accounts, contacts, invoices, payments, and payment applications are always consistent and up to date.
Anytime Collect’s secure online customer portal was another selling point for the company which enables customer self-service and allows customers to pay invoices online. Collectors within the company can now send customers an encrypted hyperlink via email providing them with instant access to the portal where they can review statements, download invoices, make payments online via ACH or credit card, send messages to credit representatives, and more.
With Anytime Collect automating collections management for Microsoft Dynamics GP, collectors at the company now have the time they need to focus on critical accounts and activities that require more attention while still focusing on customer support, satisfaction, and retention for increased cash flow and continued growth.
About Anytime Collect
Anytime Collect (anytimecollect.com), published by e2b teknologies, is a leading cloud-based accounts receivables management system integrated to leading ERP accounting systems including Intuit QuickBooks, Epicor, Sage ERP, Microsoft Dynamics, and others. Anytime Collect is designed specifically for businesses selling to other businesses on credit terms to streamline and automate the entire accounts receivable credit and collections process with a return on investment in as little as two months.