DMC Software Solutions has introduced a new product refecting the huge changes to business credit availabilty that have taken place in the last year: Deloitte carried out a Survey in October 2008 which looked at the attitudes of businesses to obtaining credit in comparison to the results collated in the previous year. 89% of respondents reported that credit was harder to obtain in 2008 than in 2007, and 53% of respondents did not expect the economy to recover until 2010 or later. One of the key survival strategies adopted by the respondents to help them survive the recession was to improve cash flow and credit control.
In line with the findings of this study DMC Software has added a new product to their range, Credit Hound, credit control software that integrates with Sage programmes, to help their clients streamline credit control processes
and “get paid sooner.”
Credit Hound is an award-winning solution that works in conjunction with Sage accounts products, including Sage 50 and Sage 200 to provide users with a semi automated debt chasing solution that will aid reduction of debtor days and increase cash flow, a key way to improve the efficiency and effectiveness of credit control processes.
Cash flow is an integral component of a successful business and Credit Hound has been developed to help businesses achieve optimum fluidity. Credit Hound uses a unique “self-chase” feature which allows 10 times the amount of debtors to be chased when compared with traditional manual
credit control methods. In addition, Credit Hound offers the following benefits to its users:
- Disputes resolved more quickly
- Reduces administration costs
- Improves productivity
- Enables higher customer to staff ratio
- Strengthen customer relations
Credit Hound will increase the productivity of a business and in turn improve the health of the company bank balance. Tightening these fundamental business processes now will enable businesses to emerge stronger when the economic upturn arises.
About DMC Software
DMC Software offers a host of software solutions to support the Customer Relationship Management (CRM) and Accounts functions within a business. In addition to this they offer high quality professional services, including development, training and technical support, ensuring businesses are provided with a solution that will increase efficiency and profitability.
– ENDS –
For more information and media enquiries, please contact Jade Dixon-Winters, Marketing Executive.
Tel: +44 (0)1733 362120