Billing and Collections Management are business-critical – more businesses fail through poor cashflow management than for any other reason. But it is a frequently stressful and chaotic environment. It involves managing spreadsheets, clients, teams – and working with other parts of the business to bring order to often disjointed and heavily paper-based processes. Corrivo from Data Interconnect allows businesses to take control of the whole credit management function. Corrivo is a complete, configurable and customer-centric suite of software solutions that empowers businesses to get paid faster with an automated and rule-based approach to the Invoice to Cash process. Corrivo encapsulates almost twenty years of financial sector experience and was co-created with customers to provide the industry’s most complete Invoice to Cash solution. Its rich functionality is delivered via a highly configurable platform that codifies best-practice yet allows businesses to implement their own strategic business rules – and Corrivo can be implemented in only 2-3 months. Corrivo maximises resource efficiencies with Billing, Collection and Dispute automation that minimises reliance on manual, paper-based processes; and a portal that allows customers to conduct routine tasks and resolve simple queries on a self-serve basis. It also maximises adoption and minimises training costs with a user interface that meets consumer expectations of ease-of-use.
