Accounts Receivable
How profitable is your customer base? How profitable is a particular route or third party shipment? How much of your accounts receivable can you expect to collect next week? Which customers are beyond their payment terms? All of these questions and many more can be quickly answered using Forward Thinking Systems's Accounts Receivable module.
Forward Thinking Systems's many tools and alerts make keeping track of your customers' receivables easy. The built in Collections Heat Map allows you to graphically see your company's entire receivables and quickly pick out the most delinquent customers. With one click you can drill into and see their entire transaction history. Customers can be placed on credit hold based on many criteria including terms, and dollar limit. Based on these limits, alerts are dynamically emailed to the people that need to see them so that necessary action can be taken.
Forward Thinking Systems includes a one click payment application section allowing application time to be drastically reduced. Apply cash, checks, credit card payments, credits and on account funds all from a single screen. All transactions are batched and tied to a user allowing you to track how each remittance was applied.
Enhanced historical reporting allows you to quickly inspect profitability trends across your company. Aging reports can be run as of a date in the past to see what your actual aging was for any point in time. View historical profitability and payment patterns across your customer base and examine profitability across routes and warehouses.