MIS International Unveils Cutting-Edge Automated eCollection Solution

Cash on Time’s eCollection Solution optimizes collection best practices Dramatically Reduces DSO and Significantly Speeds Up Cash Collections

Montreal, Canada, September 30, 2009 --(PR.com)-- MIS International, the leading innovator of next-generation automated B2B solutions today announced the launch of its cutting-edge eCollection Solution. Cash on Time’s eCollection Solution coupled with their eBilling Solution fully automates the invoice-to-cash lifecycle enabling organizations to proactively manage past due late payments and expedite invoice dispute resolution.

Eliminating the Collections Efficiency Gap
“Some say that cash is the lifeline of any business while others say that cash is king, both are right,” declared Mohamed Yacoub, President and CEO of MIS International. “When customers across all industries are trying to stretch the payment terms, it can only have a negative impact on both the corporate DSO and cash flow results. That is when organizations need MIS International’s Cash on Time’s eCollection Solution. MIS’s eCollection Solution’s automated workflow and real-time tracking will enable your team to act quickly and reach customers before its too late.”

Prioritize Collection Efforts for Maximum Success
Built by account receivables experts for collection professionals, the eCollection Solution is laser focused to help collection professionals proactively reach and resolve delinquent accounts and ensure that each day’s collection targets are met.

By combining the added elements of automated electronic alerts coupled with real-time tracking and reporting, eCollection allows collection professionals to pinpoint the right time to reach delinquent accounts. eCollection is the best-of-breed solution in the market to lower DSO, reduce bad debt and expedite invoice dispute resolution.

Expedite Invoice Dispute Resolution
The Gartner Group estimates that, in some organizations, more than 50% of collection agent’s time is spent on resolving disputes.

Whether a collection agent, credit manager, controller or CFO - Cash on Time’s eCollection Solution lets them view ‘real-time’ information on the status of account receivables, promises to pay and disputed invoices.

eCollection Solution is specifically designed to reduce the time it takes to resolve a disputed invoice by leveraging its unique technology. Historical data on disputed invoices can be mined to perform root cause analysis and problem solving; in order to fix some of the systemic issues that led to the dispute. Reports such as Disputed Invoice Root Cause Analysis can accessed with a simple click of a mouse.

Complimentary A/R Collection Process Assessment Offer
The returns on improving cash flow can be spectacular – when using Cash on Time’s eCollection Solution. Take the first step toward generating more cash flow from accounts receivables. For a limited time only, MIS International is offering a Complimentary Assessment of any organizations’ existing A/R Collection Process. MIS will identify the gaps within the process and provide recommendations on implementing the collection best practices to help organization’s achieve their unique cash flow requirements.

About MIS International
MIS International is an innovator and industry leader for leveraging emerging technologies to develop powerful B2B Solutions. We develop, enable and market business tools that seamlessly and painlessly integrate with existing environment. Since our inception we have gained a stellar portfolio of prestigious corporate clients and government accounts. Visit us at www.misinternational.ca

For Additional information or a personalized demo of our Cash on Time Cash eCollection Solution contact:

Michel Vincent
VP Sales & Marketing
mvincent@misinternational.ca
514.875.2311 ext. 231

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MIS International
Aldo Panessidi
514.875.2311
www.misinternational.ca
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