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Accounts Receivable
Protect Your Bottom Line – Maximize Your Revenue
IBS Bookmaster Accounts Receivable will easily handle the management of invoices and money owing to get the most out of your earnings. Bookmaster's Accounts Receivable also allows for tighter control of claims, while the integrated Telecollections feature helps you manage outstanding debts.
Claims Control
Claims Control gives you a simple way yet powerful way to monitor and control any kind of claim before it is acted upon and to notify customers of the status of the claim.
- You can register, then approve, modify or reject claims
- Claims Control is interfaced to Returns Management
- Once a claim is approved it automatically becomes a credit note without the need for re-keying
- You can enter claims directly from a remittance advice or a claim form
- You can allocate cash against unapproved claims, making it easy to manage complex cash allocations that include many claims
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Accounts Receivable: Cash Entry and Journal Entry
Telecollections
The Telecollections feature will help you manage debt collection more efficiently helping lower outstanding debts.
- You can follow-up outstanding debts using a work schedular that tells you who to call and when to call
- You can build up a customer history as the system allows you to record and view telephone conversations, letters, customer balances, transactions and payments
- Once customer history is created, you can review the history and record collection calls
- You can enter a follow-up date on the system calendar, creating a new entry in the work schedular
- Telecollections also allows you to automatically send standard correspondence which is then stored in customer history
FEATURES
Bookmaster Accounts Receivable has many automated features such as:
- Automatic small debt write-off with user-definable limit
- Find debtor from check/document No.
- Fully integrated with Claims, Telecollections and Distribution modules
- Hide/see paid invoices
- Open item and/or balance forward
- Short payments can be allocated to multiple claims
- Trial balance Report Writer
BENEFITS
Bookmaster Accounts Receivable will benefit your business in a number of ways:
- Allows easy visibility of outstanding items
- As AR integrates with Claims Control, Telecollections and Distribution you have more precise control over all debtors' transactions
- It allows you to easily investigate historical transactions
- It will allow you to automatically reduce adjustments of small write-offs
- The flexible report writer allows you to set up your own pre-defined reports to suit the way you do business
Contact IBS for more information »
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