PeopleSoft Enterprise Receivables
Oracle's PeopleSoft Enterprise Receivables offers a powerful and flexible solution for managing credit, collections, deductions, and disputes, in addition to core receivables processes. Often the largest asset on a balance sheet, receivables is critical to a company's financial health. Though extending credit to your customers helps boost sales, it also increases your cost of working capital and financial risk, especially in challenging economic times. PeopleSoft Enterprise Receivables enables you to minimize bad debt, reduce operating costs, increase cash flow, and ensure compliance with accounting guidelines.
PeopleSoft Enterprise Receivables is integral to PeopleSoft's credit to cash solution and is part Oracle's PeopleSoft Financial Management family of applications.
BENEFITS
Enhance Credit and Collections Management
- Reduce days sales outstanding (DSO) with Credit and Collections Workbench, a central point for collections agents to review action items, analyze customer information, and perform appropriate actions
- Improve visibility into customer base and outstanding balances with multi-level customer hierarchy
- Reduce risks associated with extending credit by using risk scoring
Streamline and Automate Transaction Processing
- Increase user productivity by minimizing data entry functions through credit card, maintenance and item worksheets
- Reduce manual credit and collection efforts by using business rules and conditions to trigger appropriate actions
- Enhance payment processing through manual or automated payment entry using lockbox, cash drawer, and bank statements
- Speed payment application through configurable payment application rules
- Increase collection efficiency through direct debit payments and integration with PeopleSoft Cash Management's Financial Gateway
Increase Operational Efficiency and Cash Flow
- Increase efficiency and reduce bad debt expense by expediting deduction and exception processing
- Reduce manual labor and deliver timely information to customers through automated statement, dunning and invoice generation
- Seamlessly integrate with PeopleSoft Order Management, PeopleSoft Billing and other PeopleSoft Enterprise applications to achieve a comprehensive credit-to-cash process
- Speed payment collection through seamless integration with PeopleSoft eBill Payment
Meet Your Unique Global and Industry Requirements
- Grow globally while supporting multi-national processing standards and requirements
- Lower costs in education and government with industry specific capabilities