Track Receivables on the easily and on the go

Credit sales is a wonderful concept in the world of business. It helps start ups to get an initial foothold in the market without much investment. It also helps small businesses to scale up their operation by bidding for big orders and paying their supplier when they receive cash.

Unfortunately, this has also led big corporations with deep pockets to run their operation at the expense of small suppliers. This leads to a cascading effect as the supplier cannot pay back to her supplier. Thereby, disrupting the whole value chain.

However, credit sales is the reality of the business and one has to live with it. Unless one has deep pocket and can afford to loose some business by operating in only cash basis. But that is the topic for some other day.

Big corporation works on some policies that they will not allow a certain customer to buy more than a certain amount on credit (credit limit). They have created those checks and balances in their IT system which would not allow their employees to do otherwise. However, small businesses runs on relationships rather than policies and disallowing sale to loyal customer because system does not allows invoice generation is unacceptable.

Thus it becomes imperative to track the credit sales. However, tracking credit sales is cumbersome especially in software like Tally as you need to go to separate window to see bill wise detail and to different window to see total amount due from one customer. Additionally, you can view this information only from the system where this software is installed. This leads to a complicated process of exporting the data in desired format and sending it across via email to the customers. Further, if you go for collection it is impossible to retrieve more data from customer’s premise if required. Then the whole process of calling someone on your premise explaining it what you need and receiving that via e mail is a separate challenge altogether.

Perfview Management Consulting has come with an innovative product which leverages the power of Artificial Intelligence to retrieve data from Tally automatically and displaying it in your mobile device. What’s more, you can access it from any device securely with your G mail account.

The below is a snapshot of how the report looks on your mobile device:

The first table shows total amount due from each customer (sorted highest to lowest). While the second table shows outstanding invoice details (sorted oldest to latest).

Fig ii and Fig iii showcases the true power of this product. With just one click you can view all the bills of one customer (Premier Sweets with 27 outstanding invoices) in Fig ii and you can also find the customer with the oldest outstanding bill (A2Z Catering).

Additionally, this product has 3 more features:

• Share all the invoices outstanding of a particular customer via whatsapp by taking a screenshot (option to search customer wise – ‘Customer Name’)
• View outstanding amount of all the customers for a particular period (option to select a time period – ‘Select date range’)
• Share the report easily and securely to your partner by clicking ‘Share’ button and entering the recipient G mail address

Feel free to reach out to us for a free demo.