Improved efficiency : Since each sales offices have to update
its statement every day, payment follow-up with customers is done
on daily basis.
Accuracy In Planning : Since Finance Manager knows, on daily
basis, the receivable position he can give accurate information
for financial planning.
Flexible : Senior management or Finance Manager can check
the Accounts Receivable statement from any location.
Advantages : * Low cost of monitoring Accounts Receivable.
* Daily monitoring of Accounts Receivable is possible .
* No software expertise required to use the system.