ASTON iTF launches its new ASTON 360° data analysis module

Paris, April 17, 2019,

The impact of late payment in France is considerable: 56 billion euros in late payment costs, 12 billion euros in lost cash flow for companies, 25% of SME bankruptcies.

Nearly half of all invoices are paid late, with an average delay of more than 11 days over the 60-day limit. And yet, according to PwC, 54% of CFOs want to finance their growth through working capital in 2019.

Controlling customer risk has never been more important. Data is often present in the company. However, it is not in a form that allows it to be easily exploited as a decision-support tool.

What’s our solution?

That’s why Aston iTF has decided to offer companies a new data analysis module based on Big Data and the latest data visualization technologies: ASTON 360°.

What business benefits does this solution bring?

With this solution, you can analyze your performance indicators graphically from multiple angles. All your reports are just a click away. You can have a group view or zoom in on a specific part of your organization (subsidiary, customer, sales representative, sales channel or any other criterion). You’ll be able to identify areas of performance and improvement. But also to build the right action plans to improve DSO and WCR performance, and to better collaborate within your company.

The tool provides access to several views, such as Aged Balance, Cash Follow-up, DSO tracking, Dispute tracking, Sales tracking, Top customers and 360° vision.

Who is ASTON iTF?

Aston iTF is a FinTech, accredited by Finance Innovation. Our aim is to use new technologies such as the Cloud, Big Data and Artificial Intelligence to serve the finance professions. We develop SaaS applications for credit managers and debt collectors. Aston iTF relaunches 165,000 companies every day and manages more than €3.5 billion in flows. Thanks to our solution, on average we are seeing our customers automate 80% of their collection actions and reduce overdue receivables by 50%.

Contact : www.astonitf.com – contact@astonitf.com