CHARDON, Ohio, July 17, 2012 (SEND2PRESS NEWSWIRE) -- e2b teknologies released Anytime Collect version 2.0.4, the company's accounts receivables collection software. The new version provides additional automation to streamline and further automate routine accounts receivable and collections management activities such as sending reminder emails, statements, and past due notices.
Anytime Collect 2.0.4 allows companies to put their collection activities on auto-pilot by giving users the ability to create alerts based on customer account or invoice information. Alerts are used to automate email communication with customers when pre-determined events occur for each customer. For example, account statements can be sent automatically on a periodic basis along with a reminder letter a few days before the invoice is due if it has not yet been paid.
This capability makes communications much more efficient, freeing up credit and collections professionals to focus on phone calls for more urgent credit issues. The latest version also allows companies to keep track of their worst collections offenders with broken promise tracking. This new feature provides companies with critical insight into customer payment behavior.
"With the expanded adoption of our Anytime Collect product, our development team has leveraged customer feedback and real world scenarios to make our customers' collections activities even easier," said Lynne Henslee, President of e2b teknologies. "The new features benefit not only our existing customers but it expands our opportunities for new license sales - especially for smaller companies with limited credit and collections staff who need this type of automation to reduce the order to cash payment cycle for their lean businesses."
In addition, Anytime Collect 2.0.4 provides other product improvements including:
* The report system now includes user-defined calculations for customer-facing mail merge documents and reports allowing businesses to tailor their customer communications using dynamic customer account and invoice information.
* Reason Codes field are no longer restricted to certain codes providing ample flexibility for customers to track virtually any information related to an invoice.
* Several inquiries have been expanded to include additional information for ad-hoc reporting and analysis for credit and collections Issues & Activities, Expected Payments, Customer Details, and Customer Invoices.
* Several changes have been made to improve integration to various accounting and ERP business systems. For example, customer status and references can be imported from the ERP accounting system into Anytime Collect.
Anytime Collect 2.0.4 is a cloud-based accounts receivable credit and collections management system designed for business to business credit and collections management. It integrates to most popular accounting and ERP business systems helping companies reduce bad debt write-offs and days sales outstanding (DSO) with a return on investment in about two months.
About e2b teknologies:
e2b teknologies (www.e2btek.com) provides cloud-based business software applications and business services to progressive businesses worldwide. e2b enterprise (www.e2benterprise.com) develops custom cloud-based business applications and resells leading ERP accounting software, CRM, HRMS, and other enterprise business software applications from Sage Software, Epicor, Intacct, Sugar CRM, and other publishers. e2b anytime apps (www.e2banytime.com) is the publisher of Anytime Collect, Anytime Assets, Anytime 500, and related Anytime brand products. e2b calibration (www.e2bcal.com) is an ISO/IEC 17025 accredited calibration laboratory.
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