Benefits to your business
Accelerated cash flow and reduced financing costs – by ensuring your customers pay to terms, you gain access to additional cash flow and reduce borrowing levels.
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Optimised debtor days - partnering with OptimaRM gives your company access to highly skilled professionals who work alongside your business at each stage of the ‘Quote to Cash’ cycle, identifying process improvements to optimise DSO.
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Identified, managed and reduced credit risk - our industry-leading
web enabled platform allows you to quickly obtain credit checks, request more in depth credit recommendations from our credit management specialists, and view real-time credit status across your customer ledger, 24/7. Our through-life customer monitoring (part of the OptiRiskManager service) keeps you updated on adverse credit status changes within your customer portfolio
Cost effective access to specialist skills, tools and experience
- working with OptimaRM gives your business access to a team of highly qualified credit management professionals, fluent in all major trading languages, supported by a sophisticated, yet simple to use,
IT solution, accessed via a web browser.
Access to these specialist skills is provided at a fraction of the cost of employing
them in-house – OptimaRM brings it all together in an easy access, one-stop shop
Improved customer relationship and retention - we act on an undisclosed basis, leverage our best practice experience across multiple industries and ensure your customers receive a professional response to queries they raise. Successfully resolving a customer issue, in a professional manner, boosts your reputation and improves customer retention
Improvement Metrics
Payment Days -
A recent survey of debtor DSO by Siemens Financial Services highlighted the following:
- DSO for companies with fewer than 49 employees was 80 days
- DSO for companies with 50 to 249 employees was 62
- For FTSE-500 companies the DSO dropped to just 47 days
Adequacy of Resources -
According to Nelson Hall, whilst 79 per cent of UK FDs think that credit management is
highly important to their organisation, only half of these are satisfied with their
in-house capability