This week, discover episode 1 of the topic introduced last week on the impact of technology on Credit Managers:
Episode 1 – SaaS, a gateway to cash culture
SaaS (Software as a Service) is a technology that has already proved its worth in terms of simplicity and speed of implementation and evolution. This technology enables users to access their business applications 24 hours a day, remotely and via an online service.
By spreading out operating costs over time, this technology helps to keep IT budgets under control. In this way, SaaS makes risk management and debt collection software accessible to as many people as possible, software that was previously reserved for large groups due to its cost and relatively cumbersome implementation. By democratizing the use of these tools, SaaS is helping to spread the cash culture throughout the company.
Today, SaaS offers far greater computing power and service availability than client/server tools. Data access times, the generation of reports and/or algorithms for analysis, and data extraction, for example, have all become even faster. SaaS also enables the use of artificial intelligence technologies, opening the way to new uses and changing the way we work. This technology facilitates the implementation of mathematical laws that differ from traditional business rules. In Credit Management, for example, it enables predictive analysis of payment terms based on criteria such as invoice due dates.
Read episode 2 on the following topic:
