Epicor launches on-demand cash collection software for ERP

1 min read

Epicor Cash Collect, launched today (27 April 2012), is an extension of its accounts receivable module in the company's so-called next-generation Epicor ERP suite.

Chris Purcell, product marketing manager at the firm, says this software will help Epicor ERP software users to streamline and automate accounts receivable, credit and collections activities. "Epicor Cash Collect is an important addition to Epicor ERP," explains Purcell. "The collection of accounts receivable is often an overlooked asset in business, and this new application will help ensure that the process is easy and efficient for Epicor customers," he adds. Epicor Cash Collect centralises credit and collections activities in a single database with integrated email, phone dialer options, and reporting and analysis. Purcell states that it enables companies to document phone calls, review cash forecasts, track invoice disputes, and keep employees informed through automated communications. He also points to independent research at advisory firm PayStream Advisors, which says that systems like this can realise an ROI in as little as two months and usually in no more than six to nine months.