Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
1Channel's Payment & Credit Management module provides a comprehensive system for distributors and FMCG brands to manage incoming payments, ensure credit compliance, and monitor high-value orders effectively. The system allows for both automatic and manual allocation of payments towards outstanding invoices (including cash, cheque, and bank transfer), while tracking outstanding balances in real time. Each customer has a configurable credit limit, and there are three options for managing breaches: halt additional orders, permit one extra order, or suspend the account until all dues are settled. Additionally, returns seamlessly generate credit notes, ensuring a streamlined process. Orders that exceed the retailer's credit limit must pass through a configurable multi-level approval workflow, which can include up to seven levels of authorization, with approvers receiving notifications via email or WhatsApp and all decisions meticulously logged for auditing purposes. The module also features a robust payment analytics suite, offering over 24 reports that provide finance and sales leadership with critical insights into collections, outstanding exposure, and the efficiency of the approval process. With its comprehensive features, this module not only enhances financial oversight but also significantly improves operational efficiency.
Description
Enhance your operational clarity and gain essential insights to effectively manage risks. This highly adaptable solution allows you to easily replicate and automate your specific procedures and workflows. Additionally, the automated system accommodates integration with bureaus and ERP systems, featuring rule-based workflows, comprehensive tracking, and continuous monitoring. You can set up limitless online credit application templates tailored to address all your distinct business requirements. Designate necessary fields to guarantee the collection of vital data for thorough analysis. Our system is interconnected with major credit bureaus and rating agencies, facilitating smoother decision-making processes. By improving the efficiency and productivity of your collections team, you can significantly lower your company's Days Sales Outstanding (DSO). Furthermore, our collections management software empowers you to devise and customize an extensive range of collections and dispute/deduction strategies to effectively meet your overarching business objectives and enhance overall performance. This flexibility in strategy development allows your organization to adapt to changing market demands swiftly.
API Access
Has API
No
API Access
Has API
No
Integrations
WhatsApp
No
Pricing Details
Monthly month-to-month and annual plans are offered; annual plans require an annual commitment and may include savings. Pricing varies with workflows, user count, and invoice configuration. Plans include cloud hosting, web and mobile access, role management, setup and onboarding, standard reports, technical support, and workflow configuration.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
1Channel
Country
India
Website
www.1channel.co
Vendor Details
Company Name
CreditPoint
Founded
2000
Country
United States
Website
www.creditpointsoftware.com
Product Features
Product Features
Debt Collection
Agency Management
Yes
Auto Dialer
No
Automated Notices
Yes
Callback Scheduling
Yes
Client Management
Yes
Commission Management
No
Compliance Management
Yes
Contact Management
Yes
Credit Bureau Reporting
Yes
In-House Collections
Yes
Payment Plans
No
Transaction Management
Yes
Financial Risk Management
Compliance Management
No
Credit Risk Management
Yes
For Hedge Funds
Yes
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
No
Portfolio Management
Yes
Portfolio Modeling
No
Risk Analytics Benchmarks
Yes
Stress Tests
No
Value At Risk Calculation
No
Alternatives
No Alternatives