Esker’s cloud-based solution optimises collections management by decreasing costs, accelerating payments and reducing DSO (Days Sales Outstanding). Collections management complements and enhances Esker’s existing accounts receivable (AR) offering.
Esker improves the cash collections process by automating what should be automated (eg, task lists, collection calls needed, sending account statements and payment reminders etc.) while providing real-time visibility on collection performance. Automating this stage delivers benefits, including modernised tools to replace spreadsheets, faster payments: from automated collection call lists and payment reminders to a central location for all account information, and dashboards with live analytics to allow users to oversee daily activities and monitor KPIs.
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