Many companies in today’s telecommunications world rely on unwieldy, outdated Financial Management Systems that are not automated, not integrated, and severely inflexible. These inefficient systems have direct impact on high operating costs, dissatisfied customers, reduced profits and depressed cash flows.

BearingPoint has developed its Accounts Receivable Module to cover the receivable management processes for a Mass Market customer base.

Infonova AR is a fully integrated system that manages the entire lifecycle of a customer order all the way through invoices, statements and collection issues. It addresses the need to improve customer retention and delinquency and charge-off rates, while reducing costs.

With an efficient AR system telecoms can gain numerous advantages: 

• operational cost reductions
  
  
• increased cash flow
  
  
• improved customer service and enhance loyalty
  
  
• bad debt reduction
  
  
• reduces Days Sales Outstanding (DSO)