In this article, you may locate the data you want up to date understand about new or advanced capability in Oracle Fusion advanced Collections launch 12 and describes any duties you may need daily carry out for the update. each segment includes a short description of the function, the stairs you need day-upupdated take daily allow or begin using the function, any pointers or issues which you day-upupdated hold in thoughts, and the resources daily daily.
“Oracle Fusion superior Collections allows you everyday accumulate extra cash quicker with less attempt with the aid of applying first-rate practice series methods on the proper time. Oracle Fusion advanced Collections is part of Oracle Fusion Financials’ credit score up-to-date cash answer which helps you enhance cash glide, boom efficiencies, optimize updated relationships and instill corporate and monetary field.”
automatic Delinquency identity and challenge
Interactive work Prioritization
targeted patronupdated Account records
comprehensive Dunning
incorporated up-to-date fee Processing
Streamlined Dispute and Adjustment control
Aggregated consumer Transaction View
real-Time getting older with unmarried click
Centralized purchaser statistics management
Key enterprise blessings for using Oracle Fusion superior Collections
Oracle superior Collections Cloud allows you up to date-day:
up to datematically song and push data on delinquencies, damaged guarantees, assigned obligations, and approach-related movements and gives you it up-to-date the right collections agent.
To efficiently manipulate your collections efforts, collections scoring and techniques be can be configured up to date-day run on the up-to-date, account, invoice-up-to-date, or delinquency levels. Configurable dunning plans also are up to date.
severa functions facilitate a clean and efficient collections method. for instance, retailers can create “Mass promises” for agencies of invoices. the use of related products, along with Oracle iReceivables, you can offer self-carrier upupdated up to date-day pay, print, and dispute invoices on-line.
New modifications:
Collections work area
Now, you could use the new Collections work place up-to-date benefit complete control of your assigned delinquent day-upupdated and collections tasks. you can efficaciously prioritize work with at-a-glance reviews of modern collections information, easily summarized ineveryday four infotiles. The precis records on every infotile appears inside the corresponding detail desk on your overview. you could take immediately action on pending objects inside the element tables, or drill up to date individual pages for extra complicated sports.
“Oracle Fusion superior Collections allows you everyday accumulate extra cash quicker with less attempt with the aid of applying first-rate practice series methods on the proper time. Oracle Fusion advanced Collections is part of Oracle Fusion Financials’ credit score up-to-date cash answer which helps you enhance cash glide, boom efficiencies, optimize updated relationships and instill corporate and monetary field.”
Advanced Collections provides a comprehensive solution to manage day-to-day collection operations. Automation capabilities for the collection process enables collection agents to focus on work assigned to them and follow up on tasks. A collections agent can review customer information, record promises, submit payments, and request adjustments or disputes. The strategy management solution automatically identifies and applies a list of tasks that can be both automated and manual to improve the collection experience for both customers and collections agents. Smart processes run in the background, providing accurate and up-to-date information to the collector.
Oracle Advanced Collections Cloud arranges the entire collections process, and allows you to monitor the collections lifecycle so your collectors can quickly resolve delinquencies and lower days sales outstanding (DSO).
Key features of Oracle Fusion superior Collectionsautomatic Delinquency identity and challenge
Interactive work Prioritization
targeted patronupdated Account records
comprehensive Dunning
incorporated up-to-date fee Processing
Streamlined Dispute and Adjustment control
Aggregated consumer Transaction View
real-Time getting older with unmarried click
Centralized purchaser statistics management
Key enterprise blessings for using Oracle Fusion superior Collections
Oracle superior Collections Cloud allows you up to date-day:
- Get a extra-accurate View of up to date facts
up to datematically song and push data on delinquencies, damaged guarantees, assigned obligations, and approach-related movements and gives you it up-to-date the right collections agent.
- growth Collections achievement
To efficiently manipulate your collections efforts, collections scoring and techniques be can be configured up to date-day run on the up-to-date, account, invoice-up-to-date, or delinquency levels. Configurable dunning plans also are up to date.
- Streamline the Collections method
severa functions facilitate a clean and efficient collections method. for instance, retailers can create “Mass promises” for agencies of invoices. the use of related products, along with Oracle iReceivables, you can offer self-carrier upupdated up to date-day pay, print, and dispute invoices on-line.
New modifications:
Collections work area
Now, you could use the new Collections work place up-to-date benefit complete control of your assigned delinquent day-upupdated and collections tasks. you can efficaciously prioritize work with at-a-glance reviews of modern collections information, easily summarized ineveryday four infotiles. The precis records on every infotile appears inside the corresponding detail desk on your overview. you could take immediately action on pending objects inside the element tables, or drill up to date individual pages for extra complicated sports.
- You can access the work area by clicking the Collections icon on the springboard.
2. There are four infotiles on the Collections work area. You can use these four infotiles to view each detailed table.
3. Use the Delinquent Customer infotile to review your delinquent customers. The detail table displays the customer, number of delinquencies, work status, work status date, customer score, and assigned strategy.
4. After drilling in to delinquent customer details, use the Customer Hierarchy to navigate to individual customer accounts and bill-to-sites.
5. You can use the Promises infotile to review detailed information on all collectible promises and the subset of promises that have been broken. The detail table displays information about delinquent customers, account transactions, promised amount, promised date, and status.
6. You can use the Strategy Tasks infotile to review information on all your manual strategy tasks. Complete, cancel and reassign strategy tasks directly in this work area.
7. Use the Activities infotile to manually review activities. You can update the activities in this work area.
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