Challenge to track status of receivables, remind customers and ensure timely collections



  • BiCXO has in-built collaboration tools where different stakeholders can update status of collections with expected timelines thus avoiding manual excel status updates.
  • BiCXO tracks committed date and reminds employees responsible for collection based on commitment
  • BiCXO integrates the expectation in to the cash flow projection thus driving accountability
  • BiCXO sends automated reminders to customers with varying tones of emails based on days outstanding
  • An integrated view of receivables with status helps management drive the collection program more effectively than before