Artificial intelligence has already revolutionized HR, marketing and finance. And now it’s here, it radically transforms customer relationship management. Gone are the days of rigid tools, time-consuming follow-ups and incomplete dashboards. Make way for a new way of working smarter, faster, more predictive.
Unpaid invoices: why choose Aston Cash Collection rather than a collection agency?
When it comes to managing reminders and collections, companies have three options:
- Managing in-house reminders with Excel or inefficient software is time-consuming and inefficient.
- Entrusting overdue invoices to a collection agency is a costly solution (up to 20% of the amount collected) and can damage customer relations.
- Do better with Aston Cash Collection: a solution that doesn’t just deal with dunning, but also optimizes your receivables as a whole.
While outsourcing to a collection agency may seem like a simple solution, it involves high costs, dependence on a third party and loss of control. Aston Cash Collection supports you far beyond unpaid invoices: cash management, customer scoring, financial forecasting and much more.
To find out more, discover the key features of a good debt collection software, essential for optimizing your reminders and reducing your unpaid debts.
1. More advanced technology, lower cost
Collection agencies themselves use software to automate their actions. Aston Cash Collection offers a more advanced solution, without the expense of an intermediary.
- Immediate savings: You no longer pay 20% of your receivables to a service provider, just access to the software.
- Advanced technology: Aston Cash Collection integrates AI and automation to maximize dunning efficiency.
- Flexibility and autonomy: You keep control of your collection strategy and adapt your actions in real time.
- A tool that’s not limited to dunning: customer scoring, cash flow forecasting, analysis of payment behavior.
Why pay a firm to use software, when you can use it yourself with greater control and lower costs?
2. Better management of non-payments for accelerated return on investment
By replacing a collection agency with Aston Cash Collection, you can significantly reduce your costs and optimize your cash flow.
Criteria | Collection agency | Aston Cash Collection |
Cost | Very high (up to 20% of the amount recovered) | Reduced (direct access to software) |
Automation | Standard | Integrate the notion of customer risk into your relaunch via customized scenarios, with up to 100% of tasks automatable |
Control | External, managed by a third party | In-house, 100% controlled |
Personalization | Limited to firm rules | Total, depending on your organization |
Customer relations | Deteriorated by an aggressive approach | Preserved by appropriate reminders |
Cash management | Absent | Real-time forecasting, scoring and monitoring |
The right collections software can transform your bottom line. Here are 5 reasons why you should adopt it, and 5 questions to ask yourself before taking the plunge.
With Aston Cash Collection, you benefit from software that outperforms a collection agency, while cutting costs and improving efficiency.
3. Regain control over your outstanding payments, your reminders and your cash flow
Entrusting overdue invoices to a collection agency means delegating part of your cash flow and customer relations to a third party, which can lead to :
- Lack of visibility on dunning and payment status.
- A loss of control over customer interactions.
- Very high fixed and variable costs, with little control over profitability.
With Aston Cash Collection, you :
- Keep control of your reminders and collections.
- Monitor your DSO in real time and adjust your actions according to the results.
- Optimize your reminders with automated, personalized scenarios.
- Benefit from human and expert support to structure your receivables beyond collection.
Your cash flow is a strategic element: why entrust it to a third party when you can manage it more efficiently in-house?
4. Support that goes far beyond reminders
Switching from a collection agency to Aston Cash Collection is quick and easy:
- An intuitive interface and rapid deployment.
- Personalized support to ensure a smooth transition.
- Advanced automation reduces internal workload.
- Expertise covering all aspects of receivables management: scoring, forecasting, real-time monitoring.
One of our customers, Christophe Renaud, Credit Manager at Bufab, shares his experience with us:
We have automated many of our training courses, which now save us 25 days.
In a nutshell: Aston Cash Collection, the solution that goes further
Aston Cash Collection offers you software that is more powerful than those used by collection agencies, but without the middleman.
- You reduce your costs, automate your processes and keep total control of your cash flow and customer relations.
- You can move from costly outsourcing to optimized, profitable management.
Best of all, Aston doesn’t just do dunning: it’s a complete solution for structuring and managing your accounts receivable.
Why pay more for a service you can manage yourself with a more efficient tool? Go direct with Aston Cash Collection and maximize your profitability!
