Receivables Management
Customer and process management, administrative and legal follow-up, litigation, guarantees and payment plans.
Financial Services
Risk ManagementSee receivables risk by monitoring stage
Risk Management lets you monitor all customer receivables and receivables by product. In ABM packages, receivables are separated into risk monitoring, close monitoring, administrative follow-up and legal follow-up stages; receivables closed by collection and the payment plans of receivables in legal follow-up are tracked as well.
Manages risk by monitoring customer and general receivables; simplifies close monitoring, administrative follow-up and enforcement proceedings.
Which challenges does Risk Management address?
- Risky receivables are noticed only when they are long overdue.
- Follow-up stages are managed with personal notes.
- Payment plans for receivables in legal follow-up are tracked separately.
Key features
The 8 features in Risk Management and the packages each one is offered in.
- All Customer ReceivablesIncluded in all packages
- All Receivables by ProductIncluded in all packages
- Receivables Under Risk MonitoringIncluded in ABM packages
- Receivables Under Close MonitoringIncluded in ABM packages
- Receivables in Administrative Follow-upIncluded in ABM packages
- Receivables Closed by CollectionIncluded in ABM packages
- Receivables in Legal Follow-upIncluded in ABM packages
- Payment Plan for Receivables in Legal Follow-upIncluded in ABM packages
Comparison by package
"Included": part of the package. "Add-on": can be added as an option. "Higher tier": not part of this package; available by upgrading to a higher tier.
| Feature | Micro Business | Small Business | Mid-sized Business | Large Business | Corporate | Enterprise | Tailored |
|---|---|---|---|---|---|---|---|
| All Customer Receivables | Included | Included | Included | Included | Included | Included | Included |
| All Receivables by Product | Included | Included | Included | Included | Included | Included | Included |
| Receivables Under Risk Monitoring | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
| Receivables Under Close Monitoring | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
| Receivables in Administrative Follow-up | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
| Receivables Closed by Collection | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
| Receivables in Legal Follow-up | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
| Payment Plan for Receivables in Legal Follow-up | Higher tier | Higher tier | Higher tier | Higher tier | Included | Included | Included |
Source: Factorbooks product and package scope list. For current pricing and additional requirements, request a quote.
Solutions that include this module
Autonomous Business Management for enterprises
In a private cloud with unlimited users; autonomous accounting and tax management with expanded module coverage.
Risk Management: frequently asked questions
Which packages include Risk Management?
Available in ERP from Micro Business; some features unlock in higher tiers. All features are included from Corporate. See the comparison table on this page for package-level details.
Which modules is Risk Management used with?
Risk Management runs on the same platform as these modules: Receivables Management, Collection Management, Guarantee Management.
How do I request a demo of Risk Management?
Just mention the module you are interested in and your needs in the demo request form. Our sales team will prepare the demo around this module and the related processes.
See Risk Management in a live demo
In a live demo we walk through your priority processes together and clarify the package and module scope that fits your needs.