Receivables Analytics
The KBACE Advantage
The Receivables module for KBACE Business Intelligence Suite provides a ‘credit to cash cycle’ process optimization benefit and enables your organization to identify and manage high-risk accounts, increase cash flow, and minimize bad debt. By providing every type of information worker with access to receivables-related reporting and analytics, KBI significantly improves insight into receivables across the organization.
KBI Receivables Details
Published Reports
Spanning all pertinent receivables categories including receivables aging, cash received summary, and collections, the receivables module can assist users with:
- Monitoring and categorizing aging receivables that have not been paid within the specified terms
- Viewing receivables by each business product line
- Ranking the probability of receiving payment from specific customers and noting high-risk accounts
- Tracking and logging the causes of delayed payments and/or internal
processing inefficiencies
- Creating and reviewing customer invoices
Advanced Search
By searching under context headers such as customer, invoice, credit memo, and project, users can carry out tasks such as:
- Analyzing account activity and account summary
- Tracking the call history and statements from a specific customer
- Quickly locating the sales representative and project manager for any invoice
- Viewing the hours detail and invoice expenses that factored into a particular customer’s invoice
Ad-Hoc Reporting
Receivables-specific entities included with KBI:
- Receivables Cash Department
- Customer Information
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- Project
- Sales Representative
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Here are some examples of ad-hoc reports built using the KBI Receivables report model:
- Comparison of total sales revenue against receivables to inspect the proportion of income tied into receivables
- Sales representatives with the most aged receivables amounts
- Sales representatives with the lowest average days to collect
- Top 20 outstanding customer balances
- Customers with missing invoices
Subscriptions
Subscriptions within KBI provides all users with the ability to receive or distribute receivables reports when they require them. Subscriptions can help employees with tasks such as:
- Distributing receivables reports to sales representatives, regional and project managers, and/or department heads at scheduled times
- Receiving a weekly report outlining which receivables have recently aged or which receivables fell into a certain aging range
- Viewing a weekly customer call volume report to monitor the effectiveness of the organization’s collection staff
- Reviewing a periodic report to examine recent cash received from customers
For a complete report inventory, please
view the KBI Receivables Analytics Printable Datasheet 