Keep Track Of Receivables In Real Time

Resolve receivable exceptions faster and with less administrative costs by partnering with eTime Capital Inc., Sunnyvale, Calif. The company offers an Internet-based applications service, BusinessNow 1.0, that enables companies to track and document their entire trade receivables process from order entry to shipping, shipping to receiving, and receiving through reconciliation and settlement. This real-time access to transaction information will help reduce day sales outstanding and increase control over receivables to manage cash flow with higher predictability and accuracy, according to the company. "By enabling companies to track in real time the entire trade transaction including purchase orders, shipping information, and receipt acknowledgments from a single view -- along with the financial information exchanged throughout the transaction -- any discrepancies will show up early on and can be quickly resolved," says Rohan Champion, chairman.