Credit And Collection Tools Help To Control Your Receivables Position
EmpowerAR’s Credit and Collection module provides the tools necessary to insure you have up to the minute information about each customer’s activity.
Aging Reports
Starting with a summary or detail aging of your customer’s accounts, you can see your receivable position as of any point in time. This means you can request an aging as of this minute, or ask to see the aging as of the close of the prior fiscal period.
Statements
EmpowerAR also provides the ability to send Statements to customers to inform them of their receivables position. You can request statements for a single customer, a group of customers, or all customers. The aging of the statements can also be as of any point in time. This means you can begin processing transactions for the next period before you finish closing the current period.
Intuitive Inquiries
Perhaps the most powerful tool in EmpowerAR’s Credit and Collections module is the Customer Inquiry. EmpowerAR’s inquiries provide a total picture of a customer’s activity. From a single window you can easily receive information to answer any question you might have about a customer’s account. Having this information at your fingertips is especially useful when discussing a problem with a customer over the phone.
Another time saving feature of EmpowerAR’s inquiries is the ability to drill down from a summary inquiry to the supporting detail. A click of the mouse can take you from a display of a check, to the invoices it paid. Another click and you can view the invoice line items.
And since you can easily print or email the contents of any inquiry, you can provide more information to more people faster and easier than ever before.
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