QAD improves functionality of the financial module QAD Enterprise Applications

Cooperation between QAD and Cforia Software gives the chance to users of QAD Enterprise Applications in a new way to organize process of work with debtors and, thus, to optimize management of a cash flow, to increase profitability and efficiency of activity.

Managing Credit & Collections of production Cforia is not replacement of functionality of the financial module QAD Enterprise Applications, this additional application seamlessly integrated with this ERP system and allowing to interact actually in real time with a financial reporting system, a business intelligence, the CRM system and so on. The sheaf supports multiple currency transactions, the consolidated statements and several working languages. Implementation of this product considerably increases efficiency of work with debtors. Due to automation of all transactions connected with accounts to receiving and an opportunity to differentiate flowing (not causing a controversy) and delayed debts, the debtors managers can estimate more precisely solvency of partners and the corresponding risks, predict a cash flow and also reduce receivables turnover term, volume of a bad debt and so on.