Cforia Software Announces Major Product Enhancements at 14th Annual Cforia User Conference held at The Universal Studios Hilton
Cforia has expanded Client use into 117 Countries managing over $325B in turnover and 250 million transactions, delivering dramatic working capital productivity gains
LOS ANGELES and LONDON, Oct. 24, 2018 /PRNewswire-PRWeb/ -- Cforia Software, Inc., is a leading provider of Global Order to Cash Automation software. Cforia's focus is the improvement of Accounts Receivable Working Capital and increasing the efficiency of credit, collections, disputes and deductions, cash application, electronic billing and payment processing. Cforia's disruptive technology platform Cforia.autonomy™, is a completely new approach to how finance teams work more efficiently and interact more productively with other departments.
Cforia announced new modules and functionality to the Cforia Clients attending from North America, Asia and Europe. First, Cforia demonstrated a new on-line credit application, scoring and approval module, and announced the launch date. Additionally, a Multi-Language and Currency, Global Customer Self-Service and Payment Portal was presented along with customer success case studies. These two modules, in addition to hundreds of new product features, were shared with the Cforia University attendees.
"We have taken seventeen years of client success and best practices experience, to reinvent Cforia's product and services offerings for the global order to cash marketplace. Cforia.autonomy™ continues to expand product footprint to deliver ever increasing value to our customers. Our new credit suite, along with our updated payments portal, are an exciting step on our product roadmap." said Chris Caparon, CEO of Cforia Software.
"Cforia continues to add to a growing list of Fortune 2000 customers by delivering proven productivity tools which improve key financial performance outcomes. Our customers see impacts in areas such as reducing days-sales-outstanding, decreasing dispute resolution cycle times; all while providing increased command and control of global working capital. 2018 is proving to be the most significant year of growth in Cforia's history."
About Cforia.autonomy™
The platform enables users to rapidly model working capital outcomes and workloads by capacity, using Cforia's Capacity Driven Headcount Management SM. Within minutes, management can reassign priorities by individual resources or shared services teams, by customer segmentation and appropriate treatment strategy. Users can measure how the global teams are performing against the new order-to-cash model and if the model is delivering expected results. If the results are not measuring up, the Cforia Capacity Driven Headcount Management, has the ability to change priorities on-the-fly, in real-time.
About Cforia Software http://www.Cforia.com
Cforia Software, Inc. is a global enterprise software provider, delivering industry leading working capital and accounts receivable automation (A/R) software. Over 250 enterprises in 117 countries are managing $325 billion in A/R turn-over with Cforia today. For seventeen years Cforia has delivered superior technology integrated with proprietary real-time data integration tools across complex and disparate ERP systems of record. Cforia.autonomy™, delivers enhanced versions of Capacity Driven Headcount Management, Cforia Collections Snapshot, Credit Risk Analytics, Order Management, Clean vs. Dirty Receivables, Multi-Languages/Currency, Global Parent/Child risk roll-up and multi-business unit solutions. The new Cforia Next Generation Data Connectors and comprehensive upgrades to the Cforia.autonomy™ software suite, maximizes order-to-cash performance. Cforia.autonomy™ empowers Finance Departments to independently manage their order-to-cash workflows, electronic dunning correspondence and credit and collections business logic and analytics, without relying on an overburdened IT staff or expensive external resources.
SOURCE Cforia Software
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