Enable Collections of AR at Various Levels of the Relationships
Posted in Benefit Brief
admin

Enable Collections of AR at Various Levels of the Relationships

Link subsidiaries to Holdings company of the Customers for centralised payment settlement, especially if the Customer has shared services for its accounts payables. Support Customer-Centric design with Account & Invoice level data visibility of multiple entities from one group, in one console and one statement.

Apply Consistent AR Policies and SOPs
Posted in Benefit Brief
admin

Apply Consistent AR Policies and SOPs

Design Treatment Actions and Strategy Workflow processes to be consistently, systematically and automatically applied to debtors to progress from one stage to the next when payments are not received. Categorize Invoices, Accounts or Customers by different aging buckets, products, segments, locations, customer behaviour scores etc. for consistent treatment actions for each category. Review and re-design […]

Ensure Compliance with Tax Regulations
Posted in Benefit Brief
Zhi En Lim

Ensure Compliance with Tax Regulations

Automatically follow-up on all Taxable Invoices issued to minimise the burden of financing tax Returns. Provide reminders & reports to the company when Invoices are ready for Bad Debt Relief rebates from the government. Provide the required evidence of interactions and notifications for Bad Debt classification of long standing unpaid Invoices, as required statutorily.