The more time passes after the payment deadline, the less likely is that the payment will ever occur. The pandemic has further intensified the challenges that companies face in managing cash flows. However, modern technology offers a solution, and our CRM Consultant, Viktorija Paunović, was willing to thoroughly explain the solution.
Are overdue invoices and late payments a constant headache for your business?
Cash
is the king, and a timely collection of debts has a significant impact on your
organization’s financial health. If you don't know - technology can help to
solve the mentioned problem, and ensure that your cash-flow is always healthy.
In this video, you will learn how to:
- Streamline the entire collections process through the Power Platform, saving you valuable time to focus on growing your business.
- Reduce bad debt and increase cash flow by automating your collection process through guided business process flow,
- Ensure past-due notices are sent to the correct contacts and collection managers in a timely manner through Power Automate,
- Track customer interactions and follow-ups through in-depth client 360° view, and
- Gain powerful insight into your customer overdue debts through comprehensive dashboards.
