The Complete AR SOlution
Optimize your Accounts Receivable with
Tailored AR Automation and Strategic Expertise.
25% Improvement in DSO
30% Increase in cash flow
20% reduction in past dues
case study: how six companies Optimized Cash Flow with One AR solution.
AR Automation, Integrations and Management
Our SMART platform provides robust automation, invoice monitoring, query functions and advanced AI technology for better reporting and key decision-making. It is the foundation on which our industry-leading AR services are built.
Proactive Solutions that help CFOs sleep at night.
trade receivables management. the way it should be.
AR Automation Configured to your processes
Invoice level updates, batch statement sending, connecting to customer portals and many other essential processes are available to you on SMART, our Accounts Receivable Software.
Highlights
- Integrates with your data within 48 hours.
- Customized dashboards to track trends and issues.
- Tracks status of every open invoice (not just accounts).
- Integrates with leading ERPs, including NetSuite, Oracle, SAP, Dynamics, MIS, Sage and more.
- Tightly integrated with over thirty Customer Payment Portals, including Ariba, Coupa, Taulia, Amazon, Walmart and others based on your need.
Deductions and Disputes
Our Deductions and Dispute Management Team, along with SMART’s automated system, simplifies and speeds up the process to identify, assign, and settle disputed items in your portfolio.
Highlights
- Identify broken processes across the organization causing disputes and deductions
- Measure the cost and impact of customer deductions and disputes
- Build workflows to involve various departments of the company to resolve items efficiently
- Work together to maximize the collectability of the disputes and deductions
- Create new effective processes to prevent future disputes and deductions
proactive receivables management
Our credit team can act as a seamless extension of your credit department, simplifying processes and improving efficiency.
Highlights
- Customized plans and Automation
- Proactive processes
- Account Managers that act as your Agent
- Branded emails for your customers
- Data intelligence for improved decisioning
Risk Assessment
Our team of credit experts use custom credit scorecards to accurately assess trade credit risk and provide recommendations on credit limits and terms for each customer. Scorecards are tailored to your company’s willingness to take risks, resulting in optimal pricing and credit terms.
Highlights
- Minimizes Bad Debt Expense
- Ensures adequate risk-based pricing where needed
- Allows for a more accurate bad debt reserve
- Accurately predict future cash flow on higher risk customers
- API integration to Reporting Agencies
Analytics and Reporting
Improve decisioning with streamlined data analytics, visualization and forecasting.
Highlights
- Uncover root cause of payment delays
- Comparative data between divisions, locations, and more
- Improve business decisions based upon predictive incoming cash.
Consulting
Our receivables experts analyze your current processes to find gaps, weaknesses, and opportunities. From this analysis, we create a customized strategy to improve your AR and increase cash flow.
Highlights
- Process Analysis
- Receivables Automation Process Design
- Implementation
- Audits and Advisement
Our SMART Accounts Receivable platform integrates with the majority of ERP providers and payment portals. At TCD, we cater to clients across numerous vertical markets, serving organizations of all sizes—from global enterprises to mid-market businesses. Recognizing the diversity in our customers’ ERP system preferences, we have developed a wide range of integrations and automations to accommodate their needs.
Accounts Receivable Services That Produce Measurable Results
The Credit Department is the first and only true Accounts Receivable management firm in the U.S., managing trade receivables for companies worldwide since 1992. We work with CFOs, CEOs and Equity Investors in more than 100 industries to bring about change and dramatic results in our customers’ order to cash cycles.
As your strategic business partner, we become a cohesive and transparent component of your daily operations — whether you have an internal credit department or not. We also work with private investor groups to increase the value of portfolio company receivables to maximize cash flow from the asset. Our solutions integrate easily and cost-effectively with corporate systems within 24-48 hours.
If you’re ready to take control of your receivables management and gain access to real-time cash flow forecasting, then it’s time to contact The Credit Department.
