Finance Risk Management
Introducing the ultimate in risk
management with Sales Ledger
intelligence Manager
Through the automatic extraction and transfer of data from
accounts packages, we are able to offer the highest level
of risk management to our customers. The integrity of the
output and the seamless, effortless nature of the process,
leads to substantial savings in time and money.
We are using the latest in data encryption technology and secure internet protocol. This is the same technology being used by the banks for their online banking systems. SLiM provides us with the ability to automatically mirror our clients’ sales ledger, on a daily basis, without the need for time consuming manual updates. This eliminates the common errors that can occur with manual sales ledger updates and enhances the delivery of the service provided to our clients and your customers.
Improved credit control
The ability to view transactions on a daily update basis means we can professionally manage your credit control requirements and keep your DSO to a minimum. Credit control performance is optimised, as we are able to see all new sales and payments that have been posted the previous day.
More cash and less borrowing
More effective management of your credit control will help to reduce the time in which you get paid. This will not only free up more cash but may also reduce the amount of borrowing required.
Reduced bad debt
By being on top of your sales ledger, we are able to closely monitor your sales activities and pick up any exceptions. This can provide us with the early signs of a potential problem, so we can inform you promptly and act accordingly.
Improved customer service
Receiving a live ledger on a daily basis will enhance the delivery of service we provide to your customers. Providing you are updating your system whenever you receive payments, this will prevent us from chasing customers that may have just made a payment. We will also be able to suppress further chasing activities like reminder letters.
KNOW you have it covered
Don’t just think you have it covered when you can KNOW you have it covered.
Managing a bad debt protection policy can be a risky business. By closely monitoring your sales ledger activities, we can maintain a very high level of bad debt protection compliance. This provides your business with invaluable peace of mind from failed claims due to non-compliance. With live sales ledger information available to us every day, we can view your transactions on our own system and react instantly to any exceptions, like exceeding agreed credit limits and over-trading.
Over 160 accounts packages supported
The data extraction specialists are able to extract data from over 160 of the most common account software packages. A list of the accounts software supported is available on request. Rest assured, where an accounts system is not supported, it is usually possible to have a bespoke system created. Please ask for more details.
The integrity of the output and the seamless nature of the process will lead to substantial savings in time and money. It will enhance the delivery of service provided to your clients and will free up valuable time that can be spent more productively.
