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Discover how IODM Connect has helped companies optimize their cash flow and business processes.
IODM was simple and quick to implement, was easy to use and drove immediate, tangible benefits for our business. We saw a dramatic reduction in debtor days and an increase in cash flowing back into the business from day one!
Simplicity in the hypercare! We provided a desired outcome to how we wanted our business and department to look. There has been no issue ever in accommodating our requests! We love it!
IODM is great technology and a fantastic solution to the accounts receivable function within a business. It is a simple and efficient means of communicating with clients which yields immediate results. After overdue reminders are sent, we receive a flurry of remittance advices and if any invoices are queried, we are able to respond promptly which has helped reduce our debtor days.
The IODM accounts receivable solution has allowed us to take invoicing and communication to another level. By streamlining these activities, our team can now focus on quickly resolving any outstanding billing queries, improving cashflow, team and customer satisfaction.
After a relatively simple implementation stage, we launched IODM to manage our Accommodation Accounts Receivables. Following significant early success in collecting both historic and current outstanding payments, we are now reviewing results and considering further implementation to roll out the solution to our tuition fee Accounts Receivables. IODM & Convera have provided a platform that has allowed the London School of Economics to not only improve efficiency managing accounts receivables but also significantly improve cashflow.
IODM made us be able to flex around with increased activity… our ED is the busiest in the state… and I haven’t had to put on 10 more staff. We’ve been able to do it with our existing team.
Using the IODM accounts receivable solution has helped UCA improve communication with students and make it easier for them to pay their fees.
Working with IODM has significantly improved our efficiency by streamlining our accounts receivable process, reducing manual effort, and enhancing cashflow management
Our journey with the IODM and Convera integration has been a seamless process. We were well informed from the start of the project on the abilities on the system and how it would fit with our organization to solve particular issues we were having. I am pleased to say, everything that was promised has been implemented in a timeframe to suit us. We received no pressure and were able to take things at our own pace. We have built a great working relationship with the team and have support on hand whenever it is needed. IODM are great at innovation and taking on board feedback for potential developments within the system and have delivered on some of these suggestions. No ask is too big and nothing is ever off the table, they truly are great partners to work with. We are now one year into our journey with more plans to develop the system integration in the coming twelve months to continue with the transformational AR automation we have seen.
Our debtor ledger has more than doubled, without any increase in headcount. IODM has transformed our cash collection process, significantly improved our debtor ledger and introduced tremendous workflow efficiencies.