Insights report for data quality and automation

During october 2023 we announced the arrival of a new functionnality in My DSO Manager plateform : the INISGHTS! As the new year begin, we wanted to do a throwback to explore this new part of our platform.

A customizable report

The Insights report is a report that is intended to enhance the quality of the data and can be completely customized according to the preferences of the user. The objective of this report is to draw attention to the areas that require improvement in terms of the quality of the data foundation and the software settings. This will be accomplished by highlighting different areas in which there is room for improvement. The overarching objective is to achieve the highest possible level of efficiency and effectiveness through the utilization of automation.

Real-time reports for anomaly identification

The INISGHTS report enables real-time report generation, which is a significant achievement. This greatly simplifies the process of quickly identifying and resolving a wide range of irregularities and inconsistencies that arise during the credit management procedures. This ease of discovery and correction is a significant advantage, as it makes the task much less complex.

Here are some anomalies and inconsistencies flagged by the Insight report :

• Incomplete or incorrect client contact information,
• Accounting discrepancies,
• Cases where clients lack assigned collection representatives or no recent activity,
• Breach with credit policies,
• Non-compliant payment terms,
• Overdue invoices,
• and many others!

A revolution in the credit management and collection industry

The contributions of credit managers and collections officers to an organization's success are significantly changed as a result of the integration of software-enabled digitization and specialized receivables management functionalities. The circumstances are made even more favorable by basing them on a database that is not only exhaustive but also of exceptional quality. Then, these softwares have the potential to improve the fundamental elements of their field while also achieving an incalculable degree of efficiency as a result of the actions they can perform.

You are welcome to visit our online help in order to gain a better understanding of this significant feature and make the most of it.