This Dynamics Addition from Technology Management will give your organisation better control of overdue balances and approaching credit limits...
Credit control can be a pressured task, the shoulders of your Finance Team having sole responsibility for the day to day management of your customers and suppliers.
Our Addition helps to remove some of the manual tasks from your Credit Control team, by automatically putting sales orders on hold if a customer has overdue balances or a particular sales order would put them over their agreed credit limit.
Credit Management gives defined users specific monetary authorisation limits; enabling sales orders to be released as required and/or define a specific grace period for overdue balances. There is also the option to credit hold all orders to keep an eye on certain accounts, or cash sale accounts. You can even assign your accounts to specific Credit Controllers in your team and they can use individual dashboards to help them keep on top of their daily tasks.
Great for your larger customers, Credit Management can also be used to bespoke your controls; certain accounts can be excluded from the credit rules you have in place, to ensure their account never gets credit held if they are over their limit and at the same time, can also be ignored if there is an overdue balance.
Our Credit Management Addition will also help your team keep on top of chasing debt as to-do’s can be automatically diarised to remind a user when to chase if any payments haven’t been paid when promised, aiding your busy team with better time management.
You can even run company credit reports against new and existing customers through CreditSafe* and save any downloaded reports against the company in Dynamics NAV, helping you to keep on top of changing circumstances.
*To run a credit report, you will need to create a CreditSafe Account. You will be charged per look-up for this function.
If you're interested in our Dynamics Additions Credit Management solution, get in touch with us today.
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Short bite-sized videos about Credit Management and how it works: