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Home | Technology Today Search 
Budgets Are Tight! Technology Today
Technology Today

Coping with today's fast-paced change is difficult. Change can bury you if you're not ready. But at Credit Today we believe that today's technology tools present you with an extraordinary opportunity to make quantum leaps in productivity. Read on to learn about credit scoring models, document imaging, electronic check conversion, Internet bill presentment and payment systems, combating payment optimization programs, the use of E-mail, and enterprise sytems.

SURVEY RESULTS: Collection Software: Bigger Firms Most Likely Users
Overall, slightly fewer than 10 percent of all firms are using collection software. The survey reveals that companies with over $50 million in total A/R are much more likely to use collection software . . . keep reading
Vendor Case Study: Huntsman Corporation Improves Cash Flow by $25 Million with AvantGard Receivables
February 10, 2010
Vendor Case Study: Huntsman Corporation Improves Cash Flow by $25 Million with AvantGard Receivables Huntsman Corporation, the U.S. based global manufacturer and marketer of differentiated chemicals, deployed AvantGard Receivables to centralize its regional operations, systems and processes. The outcome has been improved cash flow, a reduction in days sales outstanding (DSO) by five days and a complete return on investment in less than six months. . . . keep reading
Teradata Accelerate for Credit and Collections for Utilities Helps Manage Credit Risk
February 3, 2010
Bundled software, hardware and services reduce risk and provide rapid time to value DAYTON, Ohio, Feb. 3 /PRNewswire/ -- Teradata Corporation (NYSE:TDC) , the world's largest company solel . . . keep reading
Global Study on Connectivity Across the Corporate EcoSystem
January 22, 2010
Global Study on Connectivity Across the Corporate EcoSystem SunGard study reveals requirements for increased connectivity between suppliers, buyers, banks and other trading partners. This corporate commercial EcoSystem of suppliers, buyers, banks & other trading partners is likely the most inefficient marketplace in the world. This market is inefficient because of lack of access and transparency of data combined with poor infrastructure and connectivity and the pervasive use of manual processes. The result is a high degree of friction across the EcoSystem. The basis of this study is grounded in the concept that the intrinsic value of any corporation is based on its ability to drive free cash flow in a predictable fashion. This study aims to uncover the primary areas to target to drive increased transparency, . . . keep reading
Can anyone who is currently using DNBi with or without Collection Manager give me some feedback on your experience with this product
December 22, 2009
I am considering moving from D&B's RAM to DNBi with Account Manager, Decision Maker and Collection Manager. Price isn't the main deciding factor if I stay with D&B, because they are offering it for less than what I currently pay for RAM. Can anyone who is currently using DNBi with or without Collection Manager give me some feedback on your experience with this product? . . . keep reading
Press Release: Experian and Convoke Systems Partner to Resolve Documentation and Chain of Title Needs for Collections and Recovery Industry
December 9, 2009
Product to solve critical industry needs while maximizing recoveries and protecting consumer information Costa Mesa, Calif., and San Francisco, Dec. 9, 2009 -- Experian®, the leading global . . . keep reading
Press Release: Ontario Systems Announces New Technology Adoption Program to Test Software Products
December 8, 2009
Program allows potential customers to test software, receive support and provide feedback on pre-release products Muncie, Indiana -- December 8, 2009 -- Ontario Systems, a leading provider o . . . keep reading
CGI Announces Launch of CGI Enterprise Gateway®
December 3, 2009
CGI Announces Launch of CGI Enterprise Gateway® Fairfax, Virginia, December 3, 2009 - CGI Group Inc., a leading provider of information technology and business process services, today announced the launch of CGI Enterprise Gateway®, a managed service that supports IT interfaces to third party services, helping clients significantly reduce overall costs and achieve greater efficiencies. . . . keep reading
Help! We will be outsourcing our billing process, and we will be redesigning our invoices, credit memos and statements
November 19, 2009
We are in the process of outsourcing our billing process, and we will be redesigning our invoices, credit memos and statements as well. Has anyone gone through this process, and if so, can you give me any insight as to what changes you've made that have improved your customer service. . . . keep reading
SAP Question: How are you all are storing and updating your collector notes?
November 12, 2009
I have what should be a simple question (I think). We are set to go live on 2/1. As of right now we are going to be converting our old system collector notes and putting new notes into the Credit Master Text via S_ALR_87012218. I'm having trouble with the date and time stamp changing for the entire notes file each time I update or add new notes. Our consultants haven't figured this one out yet (low on priority list), so I'd like to ask how you all are storing and updating your collector notes, and how I can get each note line to keep it's own unique date & time stamp. . . . keep reading
The Urgency of Invoice Accuracy and How to Ensure It
By Dave Schmidt
One of the best things you can do in credit is to ensure your invoices are accurate. This month's Best Practices Feature focuses on best practices in invoicing: why that's so important, what the best . . . keep reading
A2iA Receives Repayable Grant for Development of New Internal Platform for Processing Archived Documents
November 2, 2009
A2iA Receives Repayable Grant for Development of New Internal Platform for Processing Archived Documents A2iA, the worldwide leading developer of handwritten and machine printed text recognition, information extraction and intelligent classification of paper documents, today announced OSEO, the French Agency for Innovation dedicated to providing support to innovative small- and medium-sized enterprises, has awarded the company with a new repayable grant. . . . keep reading
Press Release: Latest A2iA CheckReader Release Provides For Even More Recognition and Image Quality Analysis
October 15, 2009
Press Release: Latest A2iA CheckReader Release Provides For Even More Recognition and Image Quality Analysis NEW YORK, October 15, 2009 -- A2iA, the worldwide leading developer of handwritten and machine printed text recognition, information extraction and intelligent classification of paper documents, today announced enhancements to its A2iA CheckReader™ toolkit. A2iA CheckReader, a set of advanced image analysis and intelligent recognition engines, is . . . keep reading
CASE STUDY: Atlas Copco Improves Internal Communication and Lowers DSO with Receivables Technology provided by SunGard's AvantGard
October 2009
CASE STUDY: Atlas Copco Improves Internal Communication and Lowers DSO with Receivables Technology provided by SunGard's AvantGard Atlas Copco, a leading provider of industrial productivity solutions, set out to locate credit and collections technology for its Australian shared service center (SSC) that could help the company to better connect employees and information throughout the organization, as well as lower days sales outstanding (DSO). Read on to learn the company's results.
Background:
Atlas Copco is a world leading provider of industrial productivity solutions. Headquartered in Stockholm, Sweden, the organization develops and manufactures industrial tools, compressed air equipment, construction and mining equipment, assembly systems, and offers related services and rentals. Atlas Copco's products are sold and rented . . .
keep reading
Press Release: The Receivables Exchange and Smyth Solutions Partner to Provide America's Businesses with Fast Access to Capital at Competitive Rates
October 6, 2009
Press Release: The Receivables Exchange and Smyth Solutions Partner to Provide America's Businesses with Fast Access to Capital at Competitive Rates Leading receivables solutions company added to growing roster of companies seeking to partner with innovative online receivables auction platform NEW ORLEANS, October 06, 2009 -- The Receivables Exchange, the world's first online marketplace for real-time trading of accounts receivable, today announced that it has partnered with Smyth . . . keep reading
What's your experience with the check scanning process?
September 29, 2009
We currently use a lockbox to process our customers payments and are looking at using a remote deposit processing service provided by our bank to replace the lockbox. The fees for this service would include the purchase of a Epson Capture One check Scanner, a monthly fixed fee, per check scanning fee, and per electronic deposit ticket fee. Has anyone used this or any other check scanning process? Can you share your experience? . . . keep reading
Has anyone calculated the cost per invoice for printing and mailing versus EDI?
September 24, 2009
Has anyone calculated the cost per invoice for printing and mailing versus EDI? . . . keep reading
In SAP, is there a transaction which will provide all the outstanding credit limits assigned to the portfolio names, by Sold-to and/or Corp Code?
August 31, 2009
This may be an SAP 101 type question, so bear with me! Is there a transaction which will provide all the outstanding credit limits assigned to the portfolio names, by Sold-to and/or Corp Code? . . . keep reading
In SAP, how do you pull up customer aging that shows the last 12-month history?
August 26, 2009
We'll be piloting SAP/FSCM this winter. One of the most frustrating issues with SAP is the inability to draw up a customer aging that shows the last 12 months history. Having this ability in our legacy system gives us a great picture of how the customer has trended with his payments, allowing us to make more informed decisions about the future. Has anyone done some kind of ad hoc report or purchased a bolt on that would pull up this information in SAP? . . . keep reading
What controls does AR have in SAP?
August 12, 2009
We are beginning implementation of SAP. What controls does AR have in SAP as far as Customer Master files, order entry, and credit/debit memos? Are these all handled by Credit/AR. . . . keep reading
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  • What the primary challenges are relative to the processing of credit apps
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