News Article

IT & Internet

OnGuard C3 software suite clears the path to payment and optimizes working capital

By CreditMan Wednesday, May 11, 2011

OnGuard provider of business-to-business credit, collections, and complaints management solutions, has today announced the launch of OnGuard C3, a suite of advanced software tools designed to enable organizations to reduce the cost of working capital while enhancing customer relationships. By providing users with a 360-degree view of customer behavior and elevating accounts receivable to a strategic level, OnGuard C3 brings credit, collections and complaints management into the heart of an organization, allowing businesses to realize tangible financial and operational benefits.

Comprising OnGuard ICMS (Integrated Credit Management Solution), OnGuard DCMS (Distributed Credit Management Solution), and incorporating OnGuard’s new Dashboard and Windows Gadgets solutions, OnGuard C3 provides all of the functionality required by a modern credit, collections, or complaints manager. Its distributed interfaces disseminate information to every area of the business and any type of user providing oversight to managers monitoring the process of credit, collections and complaints, end-to-end. OnGuard Gadgets also provide much needed transparency to c-level executives on balance sheet items such as accounts receivable, write-offs and DSO.

“A good credit, collections and complaints policy is no longer a luxury and is certainly not a burden for companies looking to reduce the cost of their working capital and improve their bottom line,” states David W. Taylor, CEO, OnGuard. “The fragility of today’s client-supplier relationship and the detrimental impact of late payment call for a new approach. OnGuard C3 enables businesses to directly benefit from the level and type of customer engagement that the credit, collections and complaints functions provide – unlocking the true value tied up in accounts receivable and clearing the path to payment.”

OnGuard Gadgets delivers unlimited distributed access to the wealth of content stored in the central OnGuard database – such as invoicing patterns, payment patterns, and customer behavioral patterns.

OnGuard C3 can be deployed in both centralized and distributed environments and is scalable to meet the requirements of any size/type of B2B organization operating in a national and/or international market.

OnGuard’s technology has been recognized by numerous industry accolades in recent weeks: it won the most innovative ICT company at the 2011 TIMMIES awards and has also been shortlisted in the 2011 Credit Today Awards’ best use of technology category.

About OnGuard
OnGuard is pioneering a new approach to credit, collections, and complaints management in the business-to-business market, by redefining the role of accounts receivable and maximizing the customer intimacy within these business functions.

Focusing on accounts receivable allows businesses to optimize working capital and reduce the financial risk posed by write-offs and late payment. OnGuard operates on the principle of bringing credit management into the heart of an organization, driving product and service developments on the basis of strong business ethics and on-going innovation.

An international company headquartered in the Netherlands with regional operations in the UK, USA, Australia and New Zealand, OnGuard services more than 850 customers with 10,000 daily users across 30 different countries. Along with its primary focus on the development and implementation of credit management solutions, OnGuard provides related consultancy, business intelligence services, training and a professional service center to support its global users in the day to day use of the software.

OnGuard : most innovative ICT company 2011.