CHARDON, Ohio, Jan. 12, 2012 (SEND2PRESS NEWSWIRE) — e2b software announced today that Anytime Collect, a cloud-based credit and collections management solution, is available for banks and financial institutions to private label and offer to their business customers to help them automate accounts receivable collections.
“Most banks offer the same types of services to help their business customers get their money into the bank faster but they all start to look the same and offer no real competitive advantage,” said e2b software President Lynne Henslee. “None of these solutions address the real problem – collecting the cash in the first place. Most businesses write-off 4 percent of receivables annually and the longer an invoice goes unpaid – the less likely it will ever be paid. Banks offering true cash flow solutions to help their customers manage their receivables will see an increase in deposits, improved credit worthiness for increased lending, and the money will be in the bank 12 days faster. It’s a win-win for the business and the bank.”
When sharing the concept of a private-label version of Anytime Collect with bank executives attending the 16th Annual Small Banking Conference, banking professionals were enthusiastic about the opportunity to help their business banking customers better manage their collections and receivables but also the ability to provide a private-label version of Anytime Collect to their business banking customers as a part of their own product and service offering to differentiate themselves from competitors.
Private label licensing for Anytime Collect is immediately available for banks interested in expanding their product and service portfolio for business customers to include cash flow management solutions.
About e2b software:
e2b software (www.e2bsoft.com) develops, sells, and supports Software as a Service (SaaS), cloud-based business applications including Anytime Collect (www.anytimecollect.com) credit and collections management software. Anytime Collect integrates with popular accounting software enabling finance professionals to reduce outstanding receivables, track collections activities, automate communications, forecast payments, and effectively manage disputes.
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Founded in 2002 and headquartered in Chardon, OH, e2b software develops, sells, and supports plug-and-play business applications including Anytime Collect receivables and collections management (RCM) and e2b 500 enhancements for Sage MAS 500 ERP. Anytime Collect is a suite of financial productivity solutions designed to streamline and automate business-to-business accounts receivable collections activities resulting in significant reductions in outstanding receivables, and improved cash flow forecasting. e2b 500 products are developed in the Sage MAS 500 Application Framework and extend Sage MAS 500 with functional improvements to inventory and manufacturing with new modules to manage supply, demand, operations, planning, and product costing. Custom software development and consulting services are provided through resellers and consultants nationwide. e2b consulting and engineering services -- There are many software companies with similar products but what truly sets a company apart is the level of service they provide and their knowledge of their products and both the industries and customers they serve. Consulting and engineering services are available to both reseller partners as well as end-user customers. e2b software has a proven track record of implementing larger businesses with complex industry requirements. Our highly-skilled staff is dedicated to your success providing turnkey implementation and consulting services for all products that we represent. In addition, training is available at your site or via the internet for shorter sessions. We employ a large development staff experienced in Microsoft SQL, Visual Basic, .NET, ASP.NET, Microsoft SharePoint Services, and other development technologies to provide customers with a single source for custom development and integration projects. We deploy best practices learned through our partnership and previous experiences working with larger software developers. Unlike many smaller publishers, we have invested in the infrastructure to support both standard and custom development. MEDIA ONLY CONTACT: Whittney Gilstrap Of e2b software +1-440-352-4700 x217 wgilstrap @ e2bsoft.com
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