Achieve Better Visibility and Productivity
The ability to track, allocate and manage your collection targets at both collector and individual team level is critical for working towards your collections KPIs. Cash Target, the newest module of our Augmented Cash solution provides the necessary visibility to allow you to track your team’s progress monthly and quarterly, with updates taking place daily. Integrated with Sidetrade Augmented Cash, it gives your cash collectors a single system to effectively manage, measure and take action on collection activities.By adding targets, users are notified if the total team target has not been met upon saving.
A 12-month history of the target vs the cash-in and collectable amounts is displayed on the dashboard. The Accounts Receivable Manager can allocate a set target to their team leaders, who are then responsible for allocating targets to their individual collectors. The dashboards work in a similar way – depending on the user’s role they can either see performance towards the target at whole organization level, team level, or individual level, which helps each person in your collections team work towards a shared goal.
Cash Target modules includes
- Multi-level target setting: the Accounts Receivable manager can allocate a target to their team leaders, who can then allocate targets to individual collectors
- Role-specific dashboard view: depending on role and permissions, users can view performance towards target at whole organization level, team level, or individual level
- Multiple KPIs to help you monitor performance, including targets, total collectable amount, total cleared amount, and total cash in
Does your team lack visibility in their collection targets?
Would monitoring your team’s performance help you assess which areas need focus?
Do targets that have not been met fall by the way side?
Could your Accounts Receivable manager benefit from allocating targets to their team leaders and individual collectors?
- Add Target
- Year-Over-Year Growth
Users are notified if the total team target has not been met.
A 12-month history of the target vs the cash-in and collectable amounts is displayed on the dashboard.
Make changes within the month and upcoming months, set targets quarterly.
KPIs are computed on a daily basis and displayed within the Ageing Amounts graph.