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W4 BPM Suite Case Studies - Payment Recovery Process

To communicate data regularly to management, Editis has computerized its payment recovery process.

pdf icon Click here to consult the Case Study!

 

A Workflow to evolve from passive to active mode

 

Up and running in 4 months

Results
 

At Editis, the continuous importation and delivery of literary works can mean that relations between customer base and the sales or fi nancial departments are staggered over a long period.


Good knowledge of one’s contact and their weaknesses are pre-requisites for a clear, constructive

long-term relation.


This applies especially to the recovery service who see their work as a bit of a burden and feel powerless in the face of all the internal as well as external «grievances».

 

Today, the W4 solution automates all the following activities: Customer contact, payment rescheduling, payment reconciliation, internal and external notifications, final demands, solicitors’ letters and files,  bankruptcy or creditors’ agreements.

publisher

boite_bleu  Improvement in internal coordination


boite_bleu Working capital savings of €560K

boite_bleu Average payment time by customers reduced by 20 days


boite_bleu Big drop in the risk of non-payment

boite_bleu  Increased operating profit

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