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Overview: Cforia was founded in 2001 by technology veterans with extensive experience in ERP applications like SAP, Oracle, PeopleSoft and JD Edwards. One area that ERP applications fail to optimize are the workflows around accounts receivable. Cash is king and ERP providers were forcing AR departments to use off-platform tools to manage their processes. After the technology rush of Y2K, they realized that companies were going to focus on point solutions that built on their existing technology investments and maximized return on investment. Their focus was to deliver an application suite that optimized AR performance and to do so in a practical, accessible and efficient way. Too many third-party software providers forced their customers to work around their technology requirements and not the other way around.
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Solutions offered by Cforia.
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MC2 Quote-to-Cash - Enterprise Cash-Flow Optimization by Cforia.
Cforia Software has the most comprehensive credit, collections and deductions software in today's market. Cforia offers an efficient, single, integrated system that maximizes AR performance. CFOs, AR managers, IT managers, and sales teams will see immediate improvements in DSO, bad debt, departmental efficiencies, and deductions processing.
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Research offered by Cforia
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Generate Cash Flow and Earnings by Optimizing Accounts Receivable Performance by Cforia. May 2008 - Accounts receivable represents the last manually managed strategic asset on the balance sheet. The quote to cash business process is extremely complex and is being managed almost entirely outside of the enterprise accounting software system. This paper describes how implementing RCM solutions can streamline one or more aspects within this process.
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