Receivables & payables, cash flow
lack transparency
No idea who owes what, how much, or whether it is due. Scattered cash inflows and outflows are hard to forecast, so it is easy to run short of money for materials, contractors and site operations.
Real-world scenario
Receivables, payables and cash flow are scattered and slow to update, with no overall view, making decisions hard for leaders and exposing the company to financial risk.
No idea who owes
Customer and supplier debts and due dates are unclear.
Overdue debt is hard to handle
Found late, lacking related information, hard to chase and resolve.
Cash shortage, hard to roll over
Cash flow cannot be forecast, so funds run short when payment is due.
Scattered data
Contracts, payments, advances and deductions sit in many files and departments.
Manual, delayed reports
Manual consolidation makes figures untimely and decisions hard.
The solution with ERPCons
Manage receivables – cash flow – payments in one flow by contract, project, customer, supplier and budget.
- Track receivables and payables in real time
- Alerts for due debt, overdue debt and debt limits
- Manage advances, deductions and payments by contract
- Forecast cash inflows – outflows by week, month and quarter
- Automatic reconciliation of banks, invoices and vouchers
- Detailed and summary reports from multiple perspectives
The results
Related scenarios
Related issues often come together – see how ERPCons handles them.