CreditManager is a cloud-based credit management solution designed to automate and streamline an organization's financial processes. It provides all the necessary tools for an efficient and secure credit management strategy within a single platform. By leveraging CreditManager, businesses can significantly decrease their Days Sales Outstanding (DSO), thereby increasing working capital and fostering greater financial stability for growth. The software helps reduce the amount of late payments by automating tracking and monitoring of all incoming payments, minimizing the risk of delayed or uncollected funds. Furthermore, it frees up valuable time from repetitive, manual tasks through smart workflows, allowing finance teams to focus on building stronger relationships with their customers. CreditManager offers several key functionalities to achieve these benefits. Its Self-service Customer Portal empowers customers to independently view or download invoice copies, make online payments, register payment notices, raise disputes, or ask questions, providing convenience and saving time for both customers and the internal finance team. The solution also enables integration with various Marketplace APIs, allowing for the exchange of critical data such as current payment information, file details from collection agencies, or the addition of risk information, e-invoicing, and payment links, ensuring a highly customizable credit management process. Finally, easy-to-use dashboard modules provide a near real-time overview of daily tasks, including processing received or outstanding payments, extending payment terms, or handling disputes. Comprehensive management and reporting modules offer full insight into key performance indicators (KPIs), performance overviews, and potential financial risks.

Features & Benefits

• Decrease Days Sales Outstanding (DSO)
  • Helps increase working capital and financial stability by lowering the time it takes to collect payments.
• Reduce Late Payments
  • Automates the tracking and monitoring of payments to minimize the risk of delayed or uncollected funds.
• Build Better Customer Relationships
  • Frees up time from manual, repetitive tasks through smart workflows, allowing finance teams to focus on customer engagement.
• Self-service Customer Portal
  • Allows customers to view/download invoices, make online payments, register payment notices, raise disputes, or ask questions, benefiting both customers and the finance team.
• Marketplace API Connectivity
  • Enables integration with external data exchange modules for current payment data, collection agency information, risk data, e-invoicing, and payment links, customizing the credit management process.
• Easy-to-use Dashboard Modules
  • Provides a near real-time overview of daily tasks like processing payments, extending terms, or dispute handling, with management and reporting modules offering full insight into KPIs, performance, and risks.