KollectValley for Finance (FinTech)
KollectValley automates Receivables management, Workflow Strategies with process automation (RPA), Receivables Analytics, e-Invoicing, Payment processing, Customer Portal via web & mobile and Invoice Financing.
KollectValley for Finance (FinTech) is a world class innovative Receivables, Analytics and Payments management platform
KollectValley for Finance (FinTech) platform automates the Accounts Receivable (A/R) management, Workflow Strategies with process automation (RPA), Segmentation & Scoring, Receivables Analytics, e-Invoicing, Payment processing and Customer Portal via the web & mobile.
- Get Paid Faster
- Reduce Average Aging days or Days Sales Outstanding (DSO)
- Improve Promise to Pay (PTP) Ratio
- Aggregate multiple invoices and amounts due at a Group level which includes associate companies and subsidiaries
- Increase “Total Collected vs Total Billed”
- Leverage Sales team to collect more with mobile app.
- Empower Customers via Self-service Portal.
- Enable Invoice payments online and credit cards
- Support treasury processes of updating payments back to ERP
- Invoice Financing Aggregation by providing choices of Invoice financiers to receive validated Invoices
KollectValley for Finance (FinTech) integrates with multiple ERPs and Accounting systems including SAP (ECC & B1), IFCA, Microsoft Dynamics, Netsuite, IFS, AutoCount, XERO, Salesforce, MYOB, Quickbooks, Sage (UBS & 300 ACCPAC), SQL Account and many more.
Options to Manage Receivable &
Cash Flow Today
Do Nothing = Continue with Classic Aging Reports
- Manually process A/R and chase for payments
Engage Debt Collection Agency (DCA)
- Outsource Selected Bad Debt Accounts / Invoices
- Pay 35% to 40% of invoice value as commission payout to DCA
- Experience Profit margin hits with DCA approach
Invoice Financing / Factoring (P2P Lenders)
- Finance 70% to 75% of the value of selected Invoices
- Pay to P2P lenders 8% to 12% of financed amount as factoring charges
- Experience reduced margins for “factored invoices”
Automate A/R, Collections, Notifications, Payments, etc. more
- Handle more invoices with lesser headcount
- Automate e-Invoicing, e-Statements, Customer level exposure management,
payments, notifications, reconciliation, write-off, risk management, etc - Empower Customers via self-care portal
The New Mantra
For Better Cash Flow Management
KollectValley Receivables Management
Receivables
Workflow &
Strategies
Analytics &
Dashboards
Segmentation & Risk
Scoring
Customer Portal (Self-service)
Customer Online
Portal
(Web & Mobile)
e-Invoicing & e-SOA
Payment Gateway
Payments Online
Dialer & DMS
Dialer & Campaigns
3rd Parties Management
Debt Collection
Agencies
Legal
Invoice Financing
Invoice financing
ERP Integration
Interfaces built with
KollectIntegrator
Online and batch
integration
EMPTY
Agency
Management
KollectValley Receivables Management
Receivables
Workflow &
Strategies
Analytics &
Dashboards
Segmentation & Risk
Scoring
Customer Portal (Self-service)
Customer Online
Portal
(Web & Mobile)
e-Invoicing & e-SOA
Payment Gateway
Payments Online
Dialer & DMS
Dialer & Campaigns
3rd Parties Management
Debt Collection
Agencies
Legal
Invoice Financing
Invoice financing
ERP Integration
Interfaces built with
KollectIntegrator
Online and batch
integration
Receivables
KollectValley brings advance functionalities to
the CFO and Finance operations including the following:
- Quick Access to Debtors, interactions and transactions in one single location
- Customer, Account and Invoice level details
- Ad-hoc Collector’s driven actions
- Collective Intelligence of all interactions
- KPI reporting
- Gamification based analysis of self-managed teams
Workflow & Strategies
- Treatment Actions
- SMS
- Letter
- Note
- Visit
- Call
- Promise To Pay (P2P)
- Dispute
- Post-dated Cheques (PDC)
- Adjustment
- Notifications & Reminders
- Customer Level Workflow Designer
- Invoice Level Treatment Actions
- Worklist Management and Distribution
- Invoice and SOA delivery via email
Analytics & Dashboards
- Operation performance Dashboards for Management and Collectors
- Live Aggregate Reporting of Group of Companies and individual companies
- Drill down for detailed Sales, Invoices and Cash flow analysis
- Computed live display of receivables Portfolio Analysis and settlement rates
Segmentation & Risk Scoring
- Operation performance Dashboards for Management and Collectors
- Live Aggregate Reporting of Group of Companies and individual companies
- Drill down for detailed Sales, Invoices and Cash flow analysis
- Computed live display of receivables Portfolio Analysis and settlement rates
Customer Portal (Self-service)
- Customer Self-service portal for online access to Invoices, SOA and other information
- Customers are able to provide online promise to pay and other interactions, without human intervention
- Information access is available via the web application and mobile
e-Invoicing & e-SOA
- e-Invoices and SOA are rendered as PDF for the end Customer to review
- e-Invoices and e-SOA easily emailed to the customers
- Online e-invoicing adheres to PEPPOL standards for online Invoice exchange in XML
Payment Gateway
- Payment workflow built-in for payment initiation to transaction (maker-checker built-in)
- Multiple payment gateways supported for direct online banking payments or credit cards
- Payment postings back to the ERP is facilitated
- Apportionment of payments from a single payment applied to multiple Invoices
Dialer
- Dialer capability enabled within the application
- Built in Softphone for Push Button or Campaign based Dialing
- Outbound & Inbound Call capabilities
- Call recording and logging
- Preview, Progressive and Power modes supported
3rd Parties Management
- Cases & files Distribution to Debt Recovery Agents & Law Firms
- Service providers Panel Registration
- Contract & Terms of Engagement
- Billing and Invoice Management
- Online web access by service provider
- Reports for Agencies & Legal
Invoice Financing
- Pay Later – Provide options for your paymasters to Pay later but you get paid upfront
- Access a line of credit from our panel of financing partners to help get paid faster
- Helping your prompt paying customers to get continuous access to working capital
ERP Integration
- Interfaces with multiple ERPs and Accounting systems including SAP (ECC & B1), IFCA, Microsoft Dynamics, Netsuite, IFS, AutoCount, XERO, Salesforce, MYOB, Quickbooks, Sage (UBS & 300 ACCPAC), SQL Account and many more.
- Leverages KollectIntegrator as a complete ETTL platform for extraction, transportation, transformation and loading processes
- Supports online, API integration and batch process executions
KollectValley ERP Interfaces Built with KollectIntegrator
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Kollect Systems is an innovative tech platform provider with BankTech and FinTech software solutions which leverage AI based decisioning and workflow technologies to help lenders perform Debt Collections & Recovery (BankTech) processes effectively and for mid-size to large scale enterprise companies (FinTech), to automate Receivables, e-Invoicing & Payments better. Kollect Decube is an online platform to manage Data governance, compliance, lineage, data catalog and data observability for managing the Data Assets of an organization.