Startup Helps Address Major Pain Points in Managing Receivables and Recovering Outstanding Invoices for SMBs
NEW YORK --
Funding Gates, an accounts receivable (AR) software company for small businesses, today announced its easy-to-use online AR management software, FG Receivables Manager. This software gives business owners transparent control of their customer accounts throughout all stages of a credit sale and allows them to take appropriate actions in order to get paid faster. The real-time software also drastically reduces the exhaustive amount of time spent gathering and sorting critical information on outstanding accounts – from weeks to minutes.
Maintaining positive cash flow is vital to the success of small businesses, and managing accounts receivable correctly helps unlock the cash flow needed to grow. Typically, however, existing AR systems are archaic, expensive, or only accessible to Fortune 500 companies.
According to a 2006 Visa International small business survey, more than 50 percent of small businesses find collecting payments to be one of the most challenging and frustrating aspects of running their business. Additionally, according to a recent survey, nearly 17 percent of small businesses are seeking loans to free capital tied up in receivables*.
FG Receivables Manager offers:
- End-to-End Solution: The Receivables Manager software provides users the necessary tools to automatically track, organize and prioritize current and outstanding accounts. The software allows users to directly follow up with their customers during any stage of the relationship, ensuring that they get paid faster.
- Ease of Use: The Funding Gates software takes one of the most challenging and time-consuming aspects of running a business and turns it into a simple, user-controlled process. Through its seamless integration with Intuit QuickBooks Pro, Premier and Online, the software prioritizes accounts and gives users real-time recommendations on what actions they should take, whether they’re the business owner, a credit manager or a family member helping a small business.
- Transparent Pricing: Funding Gates offers its customers a clearly defined pricing structure based on three pricing tiers with no hidden fees or a-la-carte charges. Every new user is offered a full-featured, 30-day free trial. Following the trial period, customers can choose one of three plans that meet their needs: Basic, Professional or Premium.
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