Neopost FRM-500

FRM-500 is designed for larger organisations with complex accounts receivable processes and lethargic customer payment.

Neopost FRM-500

FRM has brought to the back office, what CRM has brought to the front office. Companies have invested a lot of focus into automating sales, marketing and fulfilment, but little has changed in the way businesses bill customers and collect payments. Studies have shown that customers will respond quicker and pay on time with fewer queries, if the bill is clear, easy to understand and most importantly delivered in the preferred manner in which the customer wishes to receive. Providing the customer with on demand channels to pay or query bills. Businesses that continue to rely on manual processes and antiquated systems are not only exhausting AR resources, but are often unable to handle delivery oering zero flexibility to respond to the customer.

Neopost FRM, powered by OfficeTorque, automates most of the workflow and communications associated with bill presentment, payment, collection reminders, disputes and reconciliation, not only reducing costs and debtor days, but also improving the end customer experience. Managing the post transactional relationship with your clients is a critical part of any business. For companies that provide credit to their customers, the big challenge is to get paid and in a timely manner. Neopost FRM powered by Officetorque, has been specifically designed to automate a large portion of the manual processes and communications associated with AR Management.

Paper Billing

Paper Billing

Reduce paper billing up to 95%
Self Help

Self Help

Improve ‘Self Help’ up to 70%
Reduce Collection

Reduce Collection

Reduce collection effort up to 75%
Cash Flow

Cash Flow

Improve cash flow on average 20%

Specifications

Integrated e-billing

Fully Interactive

AR & Dispute Management

Comprehensive

Internal Workflow

Automated

External Workflow

Automated

Omni-channel Communications

Fully Integrated

Client Self-help Portal

Fully Integrated

Integrated e-Payment

Fully Integrated

Invoice Payment Matching

PayFile Delivery

Reporting & Monitoring

Standard Reports