Receivables Management Workspace - An overview
Workspace is a next-gen user experience which enables seamless navigation with minimal clicks and quick action. The user interfaces are provided with only necessary information based on the context (user / role / function) and the rest is just a click away.
The Receivable Workspace is a one stop shop to manage the receivables operations of an organization. This covers invoice processing, collections and receipts, receipt applications, remittances, and overdue management. Pending actions such as invoice, debit and credit memo authorizations are presented together with key information that aid in prioritizing. Context-based actions are provided for the user to quickly process the documents or dues. In addition to speeding up and improving the productivity of the AR department, the Workspace also presents key metrics on average collection period which aid the role in contributing towards a better working capital management of the organization.
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