Do you struggle with chasing late payments constantly and worrying about cash flow? As business owners, we have enough headaches to deal with, and finances shouldn’t be one of those! This is where Draycir Credit Hound comes in, helping to reduce debts and prevent late payments as well as automating manual day-to-day credit control tasks.
Information at a Glance
One of the huge benefits of Draycir Credit Hound is the comprehensive dashboard that includes the following sections:
- My disputes – track your payment disputes in the log, and manage any outstanding payments / queries easily.
- My to-do items – provides task management for credit control.
- Where is my money? – clearly see the total amount owed, as well as those not yet due & disputed.
- Promised cash – shows when customers have confirmed payment will be made.
- Who has my money? – displays all overdue payments, broken down further by not yet due, overdue and disputed.
Easy Departmental Controls
Allowing staff members to have different access levels can be really difficult and time consuming, but not with Draycir. Streamlining workflows and enabling collaboration has never been easier. Credit controllers can easily access the information they need, who needs chasing, previous history and any payment disputes. Credit control managers can access a comprehensive credit management report system, enabling them to manage performance and the effectiveness of credit control functions.
For the sales & management team, they can easily access in-depth information regarding customer accounts. With the ability to view overdue accounts or disputed payments, any issues can be escalated and therefore resolved in a timely manner.
Reduced Administration
Free up some of your time with Draycir Credit Hound as the following features help to make business life so much easier:
- Automated rules & actions – no more time wasted carrying out repetitive tasks, automate these with Draycir. From reminder emails to placing accounts on hold, and even creating to-do lists, this software can free up some of your time.
- Payment reminders – with regular automated payment reminders, all you have to do is set the frequency and tone of the emails, Draycir does the rest for you.
- Reporting – easily track queries & disputes, see which payments are being delayed and the actions you have allocated to those outstanding payments.
Flexible Features
Draycir Credit Hound has a variety of features to suit your business, keeping you one step ahead of your competitors:
- Automated email reminders – with the collection paths feature, you can easily keep on top of all payments and monies owed.
- Customer screen – widgets allow you to clearly see the data that matters to you.
- Interactive dashboard – can be used to track and see outstanding invoices and payments, so you only spend time focusing on accounts that need chasing.
- Visibility for all users – for all Credit Hound users you can capture notes against transactions, and with the ability to add multiple users all of the team can see the right information they need to make informed decisions.
- Record & manage disputes – Credit Hound’s payment tracking feature gives a clear overview of disputed payments
Benefits For Your Business
As well as being able to seamlessly integrate Draycir Credit Hound with Sage 200 and Sage 50, there are lots of benefits this software can bring to your business. With the ability to automate workflows, your team will spend less time chasing payments manually so they will be able to focus more on other areas of the business that matter. Improved cash flow is also another benefit… quicker payments mean a healthier business!
Effective credit management doesn’t have to be hard work. By automating the process with Draycir Credit Hound, you can improve your cash flow and give your finance team more time to focus on strategic growth. For more information on how this software can help your business, get in touch with the experts at Reality Solutions today.
*This article contains general information in order to assist all of our customers and is meant for guidance only – there are no guarantees that the information we provide will be suitable for your particular needs. If you require specific assistance, we recommend that you seek professional guidance on your individual circumstances. Reality Solutions are in no way responsible for any loss or damage arising from any information contained within our articles.
