e2b Software Unveils e2b Collect Version 1.30 at the 114th Annual National Association of Credit Management (NACM) Credit Congress

New Advanced Rules Module, Integrations, and Invoice Tagging Features Help Companies Streamline and Automate Credit and Collections Activities for Outstanding Accounts Receivable

May 17, 2010 – e2b software today announced e2b collect, version 1.3. The latest release of the popular receivables and collections management (RCM) application includes a brand new Advanced Rules module, invoice tagging capabilities, promise-to-pay information, user defined fields, improved integration tools, and more. The new version was announced today at the National Association of Credit Management’s annual Credit Congress conference and expo at the Rio Hotel & Casino in Las Vegas, NV.

“Now with the new Advanced Rules module we can compete head-to-head against more established RCM vendors in large enterprise business opportunities,”  said e2b software President Bill Henslee.   “Our intuitive product design and low entry price make e2b collect one of the only significant collections options for smaller companies.”

e2b software is showcasing e2b collect version 1.3 in Booth #216 at the 114th Annual NACM Credit Congress from May 16-18. Pricing for the new Advanced Rules module is available upon request for customers, authorized distributors, and prospective customers interested in e2b collect. The base system starts at just $2,030 for a single-user license, first year maintenance and support, and fix-bid implementation services.

Advanced Rules

Advanced rules are setup using customer account or invoice data. Rules are used to create tasks, activities, notifications, or work queues based on user-defined settings. For example, users can create a rule for customers in a specific credit class where the system automatically creates and schedules phone call activities for collection reps for all accounts that have open, unpaid invoices that are more than 60 days past due.

Invoice Tagging

Invoices can be tagged to collections activities. Tagging allows the collector to easily identify which invoices are related to their specific collections task.

Promise-To-Pay

Previous versions of e2b collect included an Expected Payments activity to define an amount and date that a payment is expected from a customer. The latest release provides expanded capabilities to define the specific invoices that the relate to the expected payment. Invoices may be marked as Promise-To-Pay with a Promise-To-Pay date independent of the Expected Payment activity.

User Defined Fields

e2b collect now features 10 user defined fields for each of the following data elements – customer, salesperson, sales order, invoice, invoice line, payment, payment application, and contacts. An additional 5 user defined fields are provided for disputes. User defined fields provide flexibility since companies utilize different accounting systems and track different types of data – especially when it’s related to invoices, sales orders, and contact information. This data can now be imported directly into e2b collect from other systems without modification.

Integration Tools

e2b collect now includes a manual import utility to import data from almost any source using Microsoft Excel templates. In addition, e2b software now provides a SQL Server Integration Service (SSIS) for Epicor 9. This SSIS integration is in addition to other automated integrations with Sage MAS 90, Sage MAS 500, and Sage Accpac.

Other Features

e2b collect now supports Microsoft SQL Server 2008 in addition to Microsoft SQL Server 2005. Server 2008 support is available in both 32-bit and 64-bit database options. Other enhancements in the release include dispute codes and resolved/closed dates for disputed invoice activities.

About e2b software      

e2b software (www.e2bsoft.com) develops, sells, and supports Microsoft-centric, plug-and-play business applications including e2b collect receivables and collections management (RCM) and e2b 500 supply chain solutions. e2b collect is a receivables and collections management (RCM) business application that integrates with popular accounting applications enabling finance and credit management professionals to reduce outstanding receivables, track activities, automate communications, manage documents, forecast payments, and effectively manage disputes for business-to-business accounts.

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