Accounts Receivable Management Featured Article

C2C Resources Promotes Accounts Receivable Automation Process

July 09, 2014

Atlanta-based accounts receivable solutions provider, C2C Resources is involved in collecting commercial debt on behalf of their over 20,000 clients and is considered one of the top agencies in the country. The company’s portfolio includes solutions like Profit Maximizer, InfoMax Collection System, and Legal Forwarding Edge, which can help companies to be more effective with their own in-house collecting and maximize recovery of accounts turned over for collection.

Recently, the company has disclosed the top three benefits of utilizing accounts receivable automation technology for businesses. According to the company, small, mid-market and enterprise companies should rely on a system or pair of systems that both assist with accounting and provides automation for following-up with delinquent businesses.

One of the top reason as per C2C Resources  is, the accounts receivable automation technology streamlines the business processes and also makes way for the growth of the company. Businesses can easily process higher-volume at a faster rate, which eases the company’s cash flow and gives opportunity to businesses to build good relationship with the vendors and customers.

Also, the use of automation software helps the company to be more accountable on the payment schedules for each customer and employees. For example, if a person is on vacation or leaves the company, everything is within one system and not on the to-do list in the mind of the employee.

A good accounts receivable solution helps businesses to work on decreasing the money that is being tied up by accounts receivable and helps in investing the money in different streams. The usage of automation software will make sure that no customer will be allowed to slip through the cracks.

“It really comes down to moving your company into the 21st century,” explained Todd Tinkler, President of C2C Resources. “We understand that most businesses use accounting software, making it easy to bill customers and run lists of delinquent payers; but the cycle is not complete until you actually receive the payment. You should be following up with customers so that you get paid for the services you provide.”



Article comments powered by Disqus

Related Accounts Receivable Management Articles

RevSpring Launching New Technology Platform at HFMA ANI Conference

While no vertical market wants to be a laggard when it comes to engaging their customers and encourage them to pay promptly, few have had the challenges of the healthcare industry. As all of us who are on the patient side of things are aware, to say the least, the record keeping on a host of issues ranging from personal information privacy to compliance to insurance to payments at times can seem baffling, and this is even more so for the provider side of things. [ Read More ]
06/24/2015

FCC Affirms New Telephone Consumer Protection Act's (TCPA) Protections, Industry Concerns Remain

On 3-2 vote FCC affirms updates to TCPA protections, industry concerns remain as it awaits decision language. [ Read More ]
06/23/2015

TransCentra Launches Integrated Receivables Module

Norcross, Georgia-based TransCentra in celebration of its 30th anniversary as one of the largest billing and payments providers in the U.S. has announced the launch of the company's Integrated Receivables module that handles all forms of payments from multiple channels for Business-to-Business (B2B) and Business to Consumer (B2C) transactions. [ Read More ]
06/19/2015

Logistical Labs Picks VersaPay for Accounts Receivable Management Solution

When it comes to accounts receivable management (ARM) solutions like almost every vertical market the cloud is an increasingly attractive alternative for enterprises looking for capabilities that enable them to run more efficiently and effectively and provide enhanced customer experiences. [ Read More ]
06/18/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!