Collections that keep pace with sales
Building-materials distributor — Getting paid & cash flow
Sales grew by a third in a year, and so did the money stuck with customers.
What was going wrong
Outstanding was tracked area by area in spreadsheets, and nobody followed up until it was over 90 days.
What changed
Every customer's dues and ageing are now visible by area and salesman. Reminders go out before and after due dates, and salesmen collect with the latest statement on their phones.
What it changed day to day
- Overdue: Followed up early
- Salesmen: Collect with facts
- Cash cycle: Shorter
How NikERP helps businesses like this
NikERP.cloud is cloud ERP and CRM software for Indian SMEs: GST invoicing, stock, purchase, accounts, customer follow-ups and reporting in one system, with an industry template to start from.