Financials
Accounts Receivable Software
|
 |
|
Streamlining accounts receivable (A/R) can help software companies boost cash flow and hold down costs. The key? Ensuring the order-to-cash process is fully automated, starting with the order entry and ending in invoicing and cash collections.
NetSuite's software industry solution automates A/R, helping companies to eliminate redundancies, reduce errors, improve efficiencies, cut costs, and expedite payment. NetSuite offers a host of accounts receivable tools that simplifies critical functions such as reporting, billing and collection.
|
- Set up A/R according to your specific accounting rules and business model, while adhering to GAAP requirements. With NetSuite, you never have to settle for inflexible software that doesn't support your precise business needs.
- Gain unprecedented flexibility by creating on-the-fly reports according to the date, categorization, class, department or other parameters that you determine.
- Generate bills the same day the shipment goes out, leading to faster payment.
- Facilitate effective collections management by accessing information about all stages of the customer relationship, including communications and transactions.
|
|
|
|
- Access complete invoice, customer, and payment histories for each account easily and quickly.
- Once an order has been fulfilled, NetSuite's accounts receivable software generates a bill automatically, eliminating manual routing.
- Advanced collection capabilities enable you to bill either the corporate headquarters of a client, or its subsidiary.
- Process credit card or Automated Clearing House (ACH) payments online, giving customers greater flexibility.
- View either summary or detailed A/R reports, enabling users to see the level of data most appropriate for their job function.
- Standardized and customized reporting give decision-makers greater flexibility in the reports they use.
- Time-sensitive reporting enables companies to "back-date" reports as far as needed. (With other packages, visibility into older reports is limited to the standard 30-, 60-, or 90-day payment periods.)
- Customizable billing schedules reduce the time and labor typically needed to invoice customers.
|
|
|
|
