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Accounts Receivable Software for Events
In today’s economy, understanding and efficiently managing an organization’s receivables is a necessity for maintaining and increasing profitability. In addition, how efficiently an organization manages its’ receivables can also be an indicator of the efficiency of an organization as a whole. Unfortunately, accounting and finance teams worldwide often cope with the frustration of sales and event software that provides minimal, if any, information to their accounting system. This disconnect often makes the management of receivables cumbersome and accurate reporting on receivables difficult, if not impossible.
Integrating Sales, CRM, and Event Management Software with Your Accounts Receivable
Integrating your accounts receivable software into event management and sales software gives you a solution that automatically performs the work that other systems require you to do manually. Whether you accept only one currency or any of combination of currencies, USI’s Accounts Receivable software provides management and accounting the “who, what, when, why, and how” of the cash coming into your business. Accounting teams that once spent significant amounts of time keying customer information, coding invoices, and manually creating journal entries are shifted to focusing more on collecting payments in a timely fashion and providing actionable information to management for strategic decision making. This is why every one of our worldwide customers that collects payments for events utilizes our software to help manage their event receivables. - Customer Credit Management – As sales works with new customers they can notify accounting to review customer credit and set credit limits. Customer credit ratings can be flagged for review and sales can be notified when they will exceed credit limits.
- Collections & CRM – When accounting can see notes and communications being entered by your sales team and vice versa, you instantly improve your payment collection process and customer service by keeping accounting and sales on the same page. Nothing kills that next big deal faster than a collection notice for a nominal amount.
- Automatic Coding – As sales is generating orders for events, the hard work put in capturing information is not repeated again in accounting because your customer information seamlessly flows through the event and into financials.
- Know your best customers – Who is really your best customer? Your most profitable one? When your financials, sales & CRM, and event management software are all talking, you can quickly determine who you should continue to sell and who your sales team should avoid.
Need more information?
For a detailed brochure or to request a demo of Ungerboeck software, please click or contact us at one of the USI Offices worldwide.