Business tools

Do you want to upgrade your receivables management tools?

Our EXPERT BFR consultants support you in upgrading your existing tools or in choosing the software best suited to your sector of activity, your type of clientele and your specificities.


A tailor-made response to your Credit Management challenges

Thanks to their dual business/tools skills and their constant monitoring of market developments, our EXPERT BFR consultants support you in defining your needs, choosing your credit management solution, setting up the tools and training users.

Your goals:

  • Improve cash level
  • Reduce your payment terms
  • Manage the visibility of credit management at each level: group, company, subsidiary, region, agency, commercial
  • Improve customer relations and satisfaction
  • Improve your invoicing process
  • Manage the performance of your teams
  • Facilitate the management of internal and external reminders
logo-BFR-experts
An advisor will call you back during the day
(Monday to Friday) to understand your needs and answer all your questions.
*Required fields
The information collected is subject to computer processing intended to respond quickly to your request and may be used for any commercial information purpose by GESTION CREDIT EXPERT as well as for the quality monitoring of our actions. For more details, click here.
skills 1
Dual Expertise

Business and ‘system
information’ from our
consultants.

liberte
Independence

Vis-à-vis all
market players.

Les étapes clés du recouvrement judiciaire de créances pour obtenir gain de cause
Return on investment

Fast and unmistakable.

ecoute
Listening and simplicity

We adapt to your corporate culture and your processes.

Your needs

  • Create and manage follow-up scenarios for your amicable collection (according to the profile of your customers, their payment behavior and the risks) and set up dynamic agendas that take into account the challenges of each of your customers, schedule the actions to be carried out and their priority
  • Automate your billing
  • Manage your customer outstandings by risk level
  • Improve the management and follow-up of your disputes by nature
  • Set up internal scoring integrating sector data and financial and operating information from your clients
  • Automate the relationship with your partners (financial information providers, credit insurers, factors, collection companies, commercial information company, etc.)
  • Improve communication between your teams (sales, ADV, customer credit, collection, accounting and finance, logistics, legal, etc.)
  • Set up relevant management dashboards according to the actors of your company (DG, DAF, treasury, sales, ADV, logistics, credit management, etc.)
Outils métiers BFR EXPERT | Gestion Credit Expert

Methodical and structured support

From the review of the existing system to the deployment of the tool, our BFR EXPERT consultants support you at each stage of the project.

  • Project management assistance (AMOA)
  • Definition and drafting of specifications
  • Advice and support for the choice of the tool
  • Tool setting
  • Training and support for your change teams
  • Maintenance management

 

Contact us

Everything you need to know
in credit management

How to proceed with a collection?
Advice from Pro to Pro
How to proceed with a collection?
Maintaining a good level of cash flow is a major challenge for business leaders and CFOs. However, even the best-run businesses sometimes find themselves faced with debtors who are slow to meet their payment obligations. Debt collection then acts as an almost vital means because it helps to preserve the financial stability of a company. […]
Why outsource debt collection?
Management-Finance
Why outsource debt collection?
Debt collection or accounts receivable management is an essential element of the financial health of a company. This article first explores all the constituent elements of receivables and the often underestimated crucial importance of optimizing its management to guarantee the stability, growth and sustainability of a company. Then, we will exhaustively study all the benefits […]
What are the differences between amicable recovery and legal recovery?
News
What are the differences between amicable recovery and legal recovery?
Are you having difficulty recovering your debts? Are you hesitating between an amicable approach and legal action? GESTION CREDIT EXPERT, debt recovery company , enlightens you on the distinctions between amicable recovery and legal recovery . Our goal: to help you maximize your chances of success while preserving your customer relationships. What is the difference […]
How to improve an old scale?
News
How to improve an old scale?
Late payments are a source of stress and financial difficulties for many businesses. Effectively managing your aged balance is essential to limit unpaid debts and guarantee the financial health of your business. MANAGEMENT CREDIT EXPERT , debt recovery company , guides you in this article to optimize your aged balance and improve your cash flow. […]
Working capital requirement: what is it?
News
Working capital requirement: what is it?
Working capital requirement (commonly called WCR ) is an essential financial indicator for all businesses. It measures the difference between the resources the company uses to finance its operating cycle and the time it takes to turn its assets into cash . Why is it important to assess the WCR, how to calculate it, and […]
GESTION CREDIT EXPERT wishes you a happy new year 2024.
News
GESTION CREDIT EXPERT wishes you a happy new year 2024.
“The pessimist complains about the wind, the optimist hopes it will change, the realist adjusts his sails.” William Arthur Ward.
Understanding, managing and accounting for bad debts
News
Understanding, managing and accounting for bad debts
Bad debt refers to an unpaid debt or invoice that has a high risk of non-collection. In other words, a debt is considered doubtful when the company to which a sum of money is owed has doubts about the ability of its debtor customer to pay the debt in full. This uncertainty can weigh heavily […]
Understanding, managing and accounting for bad debts
News
Understanding, managing and accounting for bad debts
Bad debt refers to an unpaid debt or invoice that has a high risk of non-collection. In other words, a debt is considered doubtful when the company to which a sum of money is owed has doubts about the ability of its debtor customer to pay the debt in full. This uncertainty can weigh heavily […]
What is a collection company: roles and missions
News
What is a collection company: roles and missions
In today’s uncertain economic context, collection companies play an essential role by acting as essential players in customer relations. However, their operation often remains unknown to the general public. This article aims to shed some light on this industry by exploring in detail what a collection company actually is . We will discuss its definition, […]
5 reasons to collect your debts before the accounting close
News
5 reasons to collect your debts before the accounting close
The end of the year is approaching and with it perhaps its share of stress and worries regarding the management of the annual accounting closing of your company. Frequently asked questions from managers who consult us relate to: But debt collection is an element often neglected on their part and which can nevertheless prove decisive […]

frequently asked Questions

Using debt collection software allows accounting and finance teams to save considerable processing time and reduce sources of error. Identifying overdue customers and following them up effectively takes time.

For the work to be carried out correctly and quickly, the ideal is to rely on a follow-up tool, systematically up-to-date in terms of sales accounting and customer payments. This then makes it possible to identify the list of unpaid invoices without too many problems.

Concretely, the installation of recovery software will allow you to:

  • Better visualize your customer outstandings: which customer account is late in payment? Of how much ?
  • Reduce your DSO and optimize your BFR
  • Preserve your level of cash
  • Focus your efforts on value-added tasks

A collection software is primarily used to follow up with your customers so that they pay your invoices on time and as quickly as possible. All customer reminder solutions have almost all the same basic functionalities: automated reminder, creditor dashboard, grouped reminder…. And the majority offers a payment solution.

These follow-up software are generally easy to set up. Because they integrate with most organizations and IT infrastructures. Moreover, they are almost all multilingual.

Some recovery software also offer specific features such as:

  • Predictive scoring of customer payment behavior.
  • The cash forecast module
  • Multi-currency management
  • Automation of bank reconciliation

Many collection software vendors offer monthly pricing.

Some advance a price of between 5 and 10% of the invoice amount, while others offer a fixed rate.

Difficult to determine exactly which is the cheapest among all the solutions since everything depends on the size of the company, the number of invoices submitted as well as any additional costs.

The choice of recovery software is conditioned by several criteria:

  • Your ambitions for growth: choose agile software that will evolve with your company and your employees
  • The functionalities of the tool and the ease of use: The main goal of your follow-up tool is to simplify the tasks and the work of your teams in order to cash in faster and better.
  • The feasibility of integration with your accounting tool

To increase your productivity, it is better to ensure that you have access to expert technical support. You can train an in-house expert, or benefit from the advice of an external consultant capable of supporting you from the needs identification phase to deployment.

Our EXPERT BFR consultants, all former corporate credit managers and using proven methods, advise you while remaining aligned with your business and your performance indicators throughout the project. The accompaniment takes place in 6 stages:

  • Definition of needs and drafting of specifications
  • Identification of appropriate recovery tools
  • Tender
  • Implementation plan
  • Acceptance monitoring, configuration and deployment of the tool
  • User advice and training

Implementing new software in a company is not easy. Some will be reluctant, while others will welcome the change with open arms. You must therefore find a solution adapted to the culture of your company and its environment. Before choosing your collection software, make sure you have an overall view of your accounts receivable and the credit management issues specific to your business.

Our other Credit Management solutions

relance
White label recovery

Accelerate your collections while preserving your commercial relations.

auditconseil
Audit and Consulting

Improve your BFR and identify the levers to secure your trade receivables.

formation
Training

Develop a cash culture and set up tailor-made training integrating your work environment.