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Accounts receivable is typically the one of the largest assets for any business. Yet most businesses write-off 4% of accounts receivable annually (this ranges from 1% to 9% depending on the industry. The longer cash remains tied up in accounts receivable the more costly it is to your business through poor cashflow and interest charges.
Epicor Cash Collect simplifies, organizes, automates, and streamlines accounts receivable and collections through best practice templates, integrated email, and centralized reporting to dramatically improve the effectiveness of collections activity resulting in more timely payments, less bad debt write-offs and a healthier cash flow.
"Collections Management" is part of the Epicor Financial Management line of products, developed by Epicor Software.