WoodPro Software's enterprise Accounts Receivable design for the Lumber and Building Materials industry gives you the ability to quickly read, evaluate, and respond to the changing financial conditions with effective business strategies that monitor risk and revenue during execution. While extending credit to your customers helps boost sales, it also increases your cost of working capital and financial risk, especially in challenging economic times. WoodPro’s accounts receivable enables you to streamline your receivable processes to accelerate collections, reduce credit risk, resolve exceptions quickly, and ultimately decrease your cost of working capital.

Accounts Receivables is often the largest asset on a company’s balance sheet and critical to its financial health. 

• All the information you need about a customer from credit availability, aging limits, ship-to locations to contact details are stored within the system for better internal and external collaborations.
• Credit and Collection tools including payment trends, automatic reviews, diary account history, credit letters, etc. are  integrated into the receivable process, providing you with effective debt management, thus, ensuring that cash flow is optimized.
• Shorten outstanding collection days with electronic invoicing and statements to customers.
•  Sophisticated trader/salesperson database and a comprehensive customizable commission structure have the features and flexibility to improve the relationships that help you generate revenue.
• Trader analysis is available to track profitability, as well as trader and salesperson effectiveness.
• Global currency support enables you to easily manage global transactions and international currencies.
• Customizable reporting options are also available.

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