Lonehill System, Inc.

Accounts Receivable

Objective

To accumulate and manage customer activity, ensuring timely revenue collection and effective reporting in order to enhance cash flow management.

The Value of SYSPRO Accounts Receivable

• Improves customer service through instant, on-screen access to all account information including outstanding invoices, sales orders and work in progress

• Follows up collections using credit management tools

• Analyzes the profitability of each account

• Identifies potential bad debts early

• Maintains contact information, creates notes and details credit management information for effective customer service

• Optional finance charges on overdue accounts

• Supports recurring invoicing

• Supports miscellaneous unassigned cash receipts

• Gives the ability to fax customer statements

• Provides average days-to-pay information

• Preview of reports to screen, fax and email capabilities

Matching SYSPRO to your business

• Creates individual terms, tax and discount tables

• Supports multiple delivery addresses

• Defines currency used by each customer

• Utilizes flexible, user-defined aging periods for business credit management

• Provides user-defined General Ledger integration by branch, product class, geographic area and warehouse

• Customer/stock code cross reference and interchange

• Retains balances in local or foreign currency

• Orders discount breaks by product class and/or order

• Provides master/sub-account relationships

• Automates recurring monthly invoices for leases and rentals

• Matches cash received with outstanding invoices manually or automatically by invoice or aged date

• Limits customers' credit or places them on hold

• Attaches credit management notes, sound clips and video images to customer accounts and individual transactions

• Balance and history capture facility

• Electronic trading customers

• Customizable set of data entry fields that may be viewed in the query

Audit Trails and Reporting

• Detailed audit trails of all sales and cash transactions, plus master file changes

• Graphical invoice aging query

• Credit Management Report with follow-up dates

• Cash posting worksheet

• Flexible management reporting

• Substantial customer account reporting

• User-defined statement and label formats including bitmaps or the optional use of word formatting

• Bank deposit slips

• Track proof of delivery information

Integration

• Integrates with the Sales Orders & Invoicing, Inventory Control, Cash Book and General Ledger modules

• Integrates with other physical locations using the SYSPRO Interface System, thereby reducing line costs

• Email reports or fax documents with the Office Automation module