Receivables and Collections Management Solution
iSMARTS/axis Receivables and Collections Management Solution is fully integrated, flexible solution catering to the requirements of diverse industries. It provides collections consolidation and advanced reconciliation capabilities which help financial institutions and other business entities in providing niche value-added services to their customers for efficient collections and transaction management. It provides collaborative interfacing capabilities resulting in opportunities for new revenue generation models.
The solution provides an integrated platform to facilitate faster and easy consolidation of Receivables and Collections from multiple business entities and collections channels including banks and third-party Collections agents, in addition to its direct channels.
The solution provides advanced reconciliation features for automatic matching of transactions and streamlining manual-intensive process through configurable rule based reconciliation capabilities for faster and efficient reconciliation of collections.
The solution addresses the challenge of reducing the cycle time from the point of collections to the final destination where it is deposited into a consolidated collections account and also posted to the financial systems for early revenue recognition.
The solution includes an advanced business intelligence engine to support effective decision making. The business intelligence engine provides graphical analytics, forecasting and reporting including cash flow analysis, collections analysis and decision making reports.
Banking & Finance, FMCG, Airlines, Telecommunications, Healthcare, Logistics & Supply Chain, Oil & Gas, Electronics & Hi-Tech, Manufacturing & Distribution, Insurance, Transport, Travel & Tourism and Infrastructure etc.
Banks, Financial Institutions, MNCs, SMEs, Public Sector, Corporate Sector, Services & Utilities, Government Sector etc.
Public Cloud, Private Cloud, Hybrid Cloud, On-premise Deployment Options. Term License, White-label and Solution as a Service License / Subscription Models.
Standard Operating Systems, Standard Web Browsers, J2EE Application Servers, Standard Relational Databases, Enterprise Middleware.