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Long payment cycles
Extended credit terms are standard in manufacturing. The longer the cycle, the harder it is to keep track of what is overdue and what is simply not due yet.
Manufacturing
Manufacturing finance teams handle large invoice volumes, long payment cycles, and buyers across multiple regions. Credit-IQ automates your AR processes so overdue invoices get chased consistently, disputes get logged, and nothing falls through the cracks.
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Common problems
Where AR gets complicated in manufacturing
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High invoice volumes across many accounts
Managing dozens of buyers, each with their own payment behaviour and terms, quickly overwhelms a team relying on spreadsheets or manual follow-up.
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Errors that add up
Manual AR processes introduce mistakes. Wrong contacts, missed reminders, duplicate chasers, and gaps in the audit trail all create problems that compound over time.
Everything your AR team needs, in one place
Reminders
Build a workflow per customer segment or market and Credit-IQ runs it on schedule. Buyers with several open invoices get one grouped message, in your branding and their own language.
Recovery
Manufacturing billing brings disputes and renegotiated dates. Log the reason, record the agreed date and, if a buyer still doesn't pay, follow up with a Final Demand Letter and optional escalation to Atradius Collections.
Reporting
Monitor overdue balances, due amounts and expected payments across a complex portfolio, in every currency you invoice in, and see which accounts are regularly late.
Teams
Assign tasks, share notes and set permissions so everyone in a larger finance team knows what they are responsible for. Running several companies? Manage them from one account.
We are powered by Atradius
With over 100 years in the insurance and debt collection business, we know invoice collection can quickly get out of control. Our mission is to help you save time and increase cash-flow by providing the right tools to manage your AR.
