SAN MATEO, CA – Aceva Technologies, Inc., a leading provider of enterprise software applications for revenue and receivables management, today announced the release of the Aceva Revenue and Receivables Management Suite, version 5.0, which enables quote-to-cash process improvements to minimize accounts receivable, reduce revenue leakage, while improving customer satisfaction. With Aceva 5.0, global corporations are able to optimize their financial performance and enhance productivity using improved features to maximize ease-of-use as well as improve management visibility and control. The improved features offered in Aceva 5.0 include a best-in-class user interface, enhanced ad-hoc reporting and analytics and greater application configurability by non-technical users, thereby reducing dependence on IT departments. The new solution specifically addresses the market demand for revenue and receivables management solutions that are faster to implement, easier to use, and that enable smart business decisions.
“As the revenue management space matures, enterprises are desperately seeking to reduce overall complexity,” said John Van Decker, Senior Vice President, META Group Inc. “It is therefore essential that organizations embrace solutions that integrate rapidly into the enterprise, are readily usable and intuitive, and provide robust closed-loop analytical capabilities that can improve the business processes supporting the quote-to-cash cycle.”
Enhanced Usability and Advanced Reporting and Analytics to Enable More Intelligent Business Decisions
Aceva 5.0 provides global manufacturers with an easy-to-use Business Analytics Dashboard for quick visibility to key metrics and one-click drill-down capabilities to supporting transactional data. The improved information management and resulting accuracy and predictability of cash forecasting allows organizations to drive faster, more informed business decisions and continuous process improvement resulting in overall financial performance improvement. Aceva 5.0 is the only revenue and receivables management solution that leverages embedded analytics to deliver key performance indicators and alerts to business users and provides recommendations and suggestions at the point of interaction for continuous process improvements.
Ease of Administration Reduces Dependence on IT Organization
Aceva Revenue and Receivables Management Suite version 5.0 provides an enhanced administration console and additional administration capabilities to allow business users to easily administer and configure Aceva applications through a secure web-based UI. By providing these capabilities, Aceva allows organizations the flexibility to easily adjust workflow, business policies, procedures and workgroups quickly and without impacting overstretched IT resources.
“With the Aceva Revenue and Receivables Management Suite version 5.0, we have provided global organizations the visibility and seamless management of information and business processes without sacrificing administrative costs and user productivity,” said Sanjay Srivastava, Chief Operating Officer for Aceva. “Improved productivity within the collection department results in better cash management which in turn directly impacts overall financial performance. Aceva 5.0 certainly raises the bar in the revenue and receivables marketplace.”
Noteworthy features offered in Aceva 5.0 include:
Increased ease-of-use and administration
- Graphical administration console for ease of application maintenance by non-technical users
- Improved security administration
- Enhanced user interface
Advanced reporting and analytics
- Interactive business analytics dashboard for graphical representation of key performance indicators with one-click drill down to supporting data
- Advanced ad hoc search capabilities
- Enhanced cash forecasting capabilities
The Aceva Revenue and Receivables Suite version 5.0 is available now.
About Aceva
Aceva Technologies is a leading provider of enterprise application software solutions for revenue and receivables management. Aceva’s solutions for order quality, dispute prevention, inventory transaction reconciliation, deductions management, collections management, and cash forecasting directly address quote-to-cash process breakdowns, quality issues, and automation requirements. Aceva’s products deliver end-to-end revenue and receivables visibility, continuous business policy monitoring, collections process automation and workflow, as well as comprehensive reporting and analytics. As a result, customers are able to optimize financial performance and working capital, improve operational excellence and customer satisfaction, and comply with internal controls and regulatory requirements.
Headquartered in San Mateo, California, Aceva’s customers include Honeywell, Sun Microsystems, and Philips. For more details, visit www.aceva.com, send email to info@aceva.com or telephone 1-650-227-5500.
