A/R Management & Collections

Collect smarter to get paid faster

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Speed and automate your collection process with software that enables more effective A/R strategies.

Your largest single asset is usually Accounts Receivable (AR), yet collecting aged receivables is often overlooked as a key way to improve financial performance. Lack of automation in AR creates invoice payment delays and increases for risk of annual write-offs. EleVia’s A/R Management and Collections accelerates collections to increase available cash and reduce carrying costs.

Benefits

Automated emails sent using documents from Client and Project Data to prevent re-compilation of invoice data and documentation
Keasha Cooper, Associate VP of Accounting, CallisonRTKL
View Case Study

Capabilities

Improve receivables performance to accelerate collections and increase cash flow

  • Includes configurable email and Word templates to standardize messaging
  • Generate customized invoice statements via email
  • Send automated emails notifications when actions are due

Easily organize and maintain visible collection efforts and measurable KPIs

  • Create user-defined collections processes based on client type, days past due, or other strategies
  • View all A/R data, including Days Sales Outstanding, Average Days Deliquent, average days to pay, collections effectiveness index and delinquent collection actions, in easy to use and customizable, using current data synced from Deltek

Reduce risk by easily auditing aged receivables against the general ledger and ensuring receivable balances are accurate

  • Automated alerts to assigned collections participants — accounting or project managers — when scheduled actions are due
  • Automated emails sent using documents from Client and Project Data to prevent re-compilation of invoice data and documentation

Related Resources

Videos

EleVia A/R Management & Collections Overview: Collect Smarter to Get Paid Faster

Case Study

AE2S: A More Proactive Approach to Accounts Receivable

A/R Management & Collections

Creating a Collections Strategy to Improve Cash Flow