Creditmanager Eye for Cash
“As an independent Credit Manager, I’m constantly dealing with accounts receivable management for my clients and the entire process surrounding it. Credit management is so much more than accounts receivable. It proactively manages timely payments and prevents financial issues caused by non-paying or late-paying customers.
Automating debt management is a prime example of small effort, big results. It brings tremendous benefits: time and money. The time saved can be allocated to other areas for the debt management department or business owners. A small investment can yield significant financial gains. In my experience, the outstanding accounts receivable balance consistently decreases within around three months when debt management is automated. In addition to automating debt management, it’s important to review all processes and activities and establish well-defined debt management agreements within the organization.
Quick implementation; maximum adaptability
I was searching for a debt management system for an SME company. I was already familiar with several companies offering similar systems since I always present a few options to my clients. Ultimately, they decide which provider to go with. By chance, I came across Debitan and got to know the company and its approach better. What I really appreciate is the Plug-and-Play principle. The system can be implemented incredibly quickly. The speed does depend on the quality of the data source. The better the source, the faster you can go live. Additionally, I was pleasantly surprised by its exceptional adaptability. Whereas I was used to hearing ‘No, that’s not possible,’ here I always hear, ‘We’ll explore how we can incorporate that.’ This perfectly aligns with my philosophy that every organization has specific needs at different stages of the debt management process. It allows me to provide customized solutions to companies.”