Reduce DSO, Optimize Cash Flow and Improve Working Capital

Addressing and improving “Working Capital” via cash flow optimization is one of the most overlooked aspects of effective working capital management. By delivering an “end-to-end” solution that maximize problem resolution and minimize transactional errors, the I-many Revenue Commitment Management (RCM) product suite enables enterprises to maximize cash flow by lowering DSO and minimizing operational expenses.

I-many's best-of-breed solution combines collections and deductions with comprehensive dispute resolution and returns optimization. In addition to this is the ability to fully integration to Imany’s transactional compliance (CpM) to provide the best solution for the revenue commitment cycle.

The Revenue Commitment Management process

I-many Revenue Commitment Management (RCM) for collections and deductions enables you to:

• Increase collections productivity via workload balancing, risk-scoring, forecasting through a feature rich collections application
• Automate and adjust the collection calling and dunning process “on the fly” as receivables goals and needs change
• Analyze, manage and report on collections and receivables performance
• perform comprehensive reporting and benchmarking through the collections cycle
• perform historical collection trend analysis
• Manage disputes from the discovery through the resolution stages via easily configured workflows and according to your business rules
• Monitor and analyze root cause to improve transactional performance
• Reduce the quote-to-cash transactional errors that lead to disputes and aged receivables
• Ensure contract compliance through the quote-to-cash cycle
• Manage deductions from origination to conclusion utilizing user configurable workflows and a feature rich deductions application
• Minimize product return related write-offs due to RMA mismatches

Dispute Minimization

Reduce DSO and increase customer satisfaction by preventing disputes before they happen and or before they affect your aged receivables. With I-many Collections and Deductions software, you can:

• Assure the accuracy of invoice data including, price, payment terms, shipping, tax/vat, bill to and ship to identify potential disputes
• Enable Accounts Receivables to reduce write-offs and revenue leakage by automatically reconciling debit and credit memos
• Resolve issues prior to the billing process to reduce DSO/DDO eliminate costly efforts to resolve and improve customer satisfaction
• Identify disputes prior to the transaction due date and begin the dispute resolution process before they enter your aged receivables balances

Click on the product links on the left for more information.