Accounts receivable is one of the largest business assets and the most accessible sources of working capital. Yet most businesses fail to manage receivables effectively—resulting in back office inefficiencies, higher Days Sales Outstanding (DSO), and slower cash flow. In fact, every $1 million in sales may potentially cost a business $40,000 annually in interest. Diminish the risk of bad debt write offs with a more strategic credit and collection approach.
Epicor Cash Collect scales up your AR collections capacity, with most companies realizing a 20% reduction in past due receivables, meaning they are paid an average of 9-12 days faster.
About Encompass Solutions
Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of Industry.