CubeLogic launches Cash Collections Module
19th November 2018
– Dynamic and deep insights to drive improved cash collection performance
– Available standalone or as part of the award winning RiskCubed platform
Monday 19th November 2018 – London, Houston and Singapore. CubeLogic, a leader in Business Intelligence (BI) enabled risk management, workflow and reporting solutions, announces the launch of its new Cash Collections module. This latest offering will improve accounts receivable working capital and increase the efficiency of credit, collections, disputes and deductions, cash application, electronic billing and payment processing. It is available as a standalone module, or fully integrated with CubeLogic’s award-winning RiskCubed platform. The Cash Collections module provides a powerful, dynamic view of cash collections performance at all levels. CubeLogic developed this solution in response to increasing demand from clients looking to substantially improve their working capital position and collections performance.
Built on top of Microsoft’s Business Intelligence platform, the module can be provided in our certified SaaS cloud offering or deployed on premise. Clients will benefit from a suite of sophisticated dashboards which give a consolidated overview of; monthly collections history, open receivables, weighted payment terms and days to collect by customer / product / sector / country. Our business workflow tools can automate invoice dispute processes and enable intelligent dunning. Furthermore, firms will be able to analyse their collections based on several variables. The Cash Collections module provides customer segmentation by value and payment behaviour and enables a detailed drill through with full payment history. The system provides a full and robust audit trail which can be called upon at any time.
Lee Campbell, CEO comments, “We continue to add to our growing list of marquee client names and as a business we are highly focussed on delivering innovative and robust productivity tools to enable our clients to drive better business results. Across the industry the trading environment is more volatile than ever, and there is immense pressure to improve cash collection performance, in a fully automated and auditable manner. This new module will enable businesses to gain a better understanding of both their clients and their in-house collections teams’ performance.”
CubeLogic provides business intelligence enabled risk management products and services for the energy, commodity and financial markets. The founders of CubeLogic are experienced industry specialists who have an impressive track record of developing and implementing global risk IT solutions. CubeLogic addresses the increasing demand for robust, cost effective risk management solutions.