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Indeed, even for an expert pivot tables and macros and other functions, Excel is very limited to manage his company's receivable.
However, it has a clear advantage: its ease of use.
The use of a debt recovery software looks interesting. What a luxury to use a software that has been designed to handle debt management and financial relationship with its customers!
But such a tool is often cumbersome to implement and expensive, so even if it is attractive, the idea is often delayed or rejected.
The revolution of My DSO Manager
If My DSO Manager is a web software of receivables collection which has innovative business functionality such as interactive e-mails, use of #Hashtag to create and customize the models of e-mails and letters, it is also a tool that replaces Excel due to its ease of use and implementation.
The automatic import is set up very quickly with one of the following:
- FTPs
- API
- implementation of our connector that connects to all databases
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- time saving. The data is in the tool without the need to rework them continuously as in a spreadsheet
- well-timed recovery actions through the recovery agenda and collection scenarios
- dunning documents generated automatically and customizable for each sending
- driving disputes resolution in real time
- logging of every action and every interaction with customers
- better customer risk management with the credit notation and the tool for calculating credit limits
- real-time monitoring of performance indicators (overdue rate, DSO, aging analysis, disputes) per customer, customer groups and global
- all information on a single platform, accessible to many actors (finance, commercial, executive, sales administration)
- acceleration of collections, improve the credibility of its business and customer satisfaction.
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