Software solutions company Progressive Solutions have appointed a financial management consultant to provide a link with the financial staff and board members of customers.
Ian Knox has 15 years’ experience in business and finance and a typical scenario he expects to discuss with users and prospects on a day to day basis is credit control of the sales ledger.
He says: “Today, businesses need to react almost instantaneously to credit hazards as soon as they potentially arise. Consequently, we need to ensure that users of our bisTrack system are getting the full benefit of its features and that credit controllers’ ‘Dashboards’ are set up to capture sensitive information as and when scenarios arise, ensuring a timely decision is made and any possible financial damage is thwarted.”
He will also advise customers how bisTrack’s Data Rules Manager can be maintained to escalate credit control procedures. This module automates what historically has been an extremely labour intensive process of phone calls, letters and dealing with legal bodies.
“By maximising the capabilities of the software, this task can be made so much slicker and, once again, tighten up a company’s credit risk and/or exposure.