iController

iController iController is a cloud-based web application for credit management, collections and e-invoicing Software. iController is a fast-growing Belgian scale-up.

The company offers an advanced all-in-one platform for credit management, risk management and support. iController was founded in 2007 with the aim of providing intelligent solutions for credit management. The software makes it possible to manage accounts receivable efficiently and automate all necessary follow-up actions for invoices in a user-friendly application. Users (ranging from credit mana

gers to supervisors and CFOs) see all crucial information and communication in real time in one central location in the cloud. This allows them to collect invoices faster and gives them full control over their cash flow management. Driven by AI, iController provides recommendations for credit risk, payment behaviour and next steps based on the behaviour of the user and the customer in order to reduce the workload. Companies already using the iController software include LeasePlan International, Securitas, CDK Global, FleuraMetz, Volvo, Mercedes-Benz and BMW. The company has offices in Ghent (head office), Amsterdam, Frankfurt and London. In October 2021, iController got acquired by Billtrust, the leading provider of order-to-cash solutions in North-America.

Even if you’ve got the order-to-cash cycle figured out, there will always be customers who have trouble paying their bil...
23/08/2022

Even if you’ve got the order-to-cash cycle figured out, there will always be customers who have trouble paying their bills. Collecting these open receivables should be as straightforward as possible with a minimal drag on your team.

In this Billtrust white paper, Increase your Collections Success, we present five steps to increase your collections success 👉

https://www.billtrust.com/resources/library/5-steps-to-increase-your-collections-success/?utm_source=bt&utm_medium=sales&utm_campaign=ws-whitepaper-increase-collections-success

19/07/2022

In recent months we have seen the highest inflation rates in almost all countries. 📈

Whatever the reason for inflation, several recent events like Covid-19, supply chain issues and war, have put pressure on the cash flow of many companies. ❌

We can almost speak of the 'perfect storm' and it does not immediately look like this storm will pass.

These will be challenging times for the accounts receivables department. There is an increasing risk that payments to suppliers will be delayed and payment deferrals will have to be granted.

In this article we examine what inflation actually means and how you can best organize your collections management accordingly. 👉 https://icontroller.eu/blog/impact-of-inflation-on-debtor-management/

13/07/2022

It is almost impossible to manage debtors well and efficiently without software specifically designed for the task. 🤯

Good collections software not only ensures faster payment of invoices but also saves time and increases efficiency for teams. It also improves customer relations. 📊

iController software offers lots of features and possibilities that put efficient collections management within reach. Find out why: 👇

https://icontroller.eu/blog/eight-advantages-of-collections-software/

Logistics service provider H.Essers sought a credit management solution that could handle their specific needs in a chal...
28/06/2022

Logistics service provider H.Essers sought a credit management solution that could handle their specific needs in a challenging transport sector. 🚛

Important criteria were the excellent service, efficient integration options and attractive pricing. In addition, H.Essers had a specific need: to send each customer only one reminder and to make one credit controller responsible for that customer.

iController was able to address this specific credit management policy and, together with H.Essers, set up an optimal iController platform.

Read the case study here 👉 https://icontroller.eu/blog/h-essers-customer-success/

24/06/2022

In collections, procedures regulate how you deal with customers and ensure a consistent approach to collecting outstanding invoices.

With procedures you can better automate the processes in collections and at the same time strengthen the customer relationship. By working with templates, reminders and dunning letters can be sent much more quickly and with attention to the specific customer. 🛎️

In iController we’ve just added more flexibility and made the procedure flows even better. For every customer multiple procedures can run at the same time. And that’s a game changer. 💥

Read all about it in our latest blog 👇

https://icontroller.eu/blog/new-procedure-behaviours-in-icontroller-offer-more-flexibility/

An effective collections policy and process has great communication at its heart. 💬In collections it’s not only about ch...
21/06/2022

An effective collections policy and process has great communication at its heart. 💬

In collections it’s not only about chasing an unpaid invoice, but listening and talking to your customers. Thankfully communication is a skill that can be practiced and learned. 💪

And with iController, we leave nothing to chance. We focus on an efficient communication process inside the platform, so it’s easier for collectors to make connections with customers and improve communication. 🏆

Ecosystems or platforms are hot. Why is it more than just another buzz? In his keynote ‘The Guide to The Ecosystem Econo...
17/06/2022

Ecosystems or platforms are hot. Why is it more than just another buzz?

In his keynote ‘The Guide to The Ecosystem Economy’ at this week’s Billtrust Insight Rik Vera talked about this decade as The Twilight Twenties and all the challenges that come with it for companies.

How can companies cope with this new world, asks Rik Vera. How can they still be relevant in 2035? 🌅

Rik gives answers to these questions and describes the building blocks, the dynamics of ecosystems and the double flywheel. Read more in our quick recap from Rik’s keynote 📺

https://icontroller.eu/blog/rik-vera-the-ecosystem-economy/

Did you know that Twikey now also serves as your gateway to a range of Banks and PSP's through iController? 💳Flexibility...
09/06/2022

Did you know that Twikey now also serves as your gateway to a range of Banks and PSP's through iController? 💳

Flexibility and ease of use is always on the top of our minds. Twikey was already connected for SEPA direct debit mandates, but we made it possible to partner with your preferred Bank or PSP via Twikey as well.

For those who already work with Twikey, this means that you don’t need to set-up an additional PSP. 👍

02/06/2022

There are different ways to calculate DSO, but in the end only one thing counts: to have the lowest possible DSO figure. 🥇

The lower your DSO, the better for receivables management and thus the health of your business. Your customers will pay their outstanding invoices within the given payment terms. And that in turn has a direct, positive effect on your company’s cash flow and liquidity position. 📈

So what steps can you take to turn a relatively high DSO into a lower one? What factors contribute to a high DSO? Find out in our latest blog 👉 https://icontroller.eu/blog/dso-how-to-improve-it/

19/05/2022

Various strategies are available to protect your company’s cash flow against late payments. One of these is the company’s credit policy. 📚

Your credit policy is an essential ingredient in risk management and will protect your business from customers who are unable to meet their payment obligations.

But how to draw up a credit policy? 🖋️

Follow these 9 steps to get you started:

https://icontroller.eu/blog/9-steps-towards-an-effective-credit-policy/

17/05/2022

Digital transformation of business processes is high on the agenda for many companies. 🔝

The all-in-one business management solution Microsoft Dynamics 365 Business Central is one of the main players in this market.

iController is now available in the Microsoft AppSource so you can connect with iController in no time. 🏎

Financial teams now have a better overview and insights into client’s outstanding invoices and amounts right from Business Central. 💥

A big thanks to Scapta for bringing the app online. 🙏

Demand for credit controllers remains high, even now the worst of the COVID crisis is behind us. 💁‍♂️Rising inflation is...
13/05/2022

Demand for credit controllers remains high, even now the worst of the COVID crisis is behind us. 💁‍♂️

Rising inflation is starting to bite for a lot of companies, which simply underlines the importance of efficient credit management. ⚡️

But what exactly does the role of credit controller entail?https://icontroller.eu/blog/what-does-a-credit-controller-do/

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