SOURCE: Aceva

August 01, 2005 13:38 ET

Aceva Announces Availability of Aceva Revenue and Receivables Management Suite Version 5.5

Advanced Dispute Management Capabilities and Self-Manageable Configuration Tools to Address Collections Greatest Pain Point: Dispute Resolution

SAN MATEO, CA -- (MARKET WIRE) -- August 1, 2005 -- Aceva Technologies, a leading provider of enterprise applications for revenue and receivables management, today announced Aceva Revenue and Receivables Suite version 5.5. Addressing the greatest pain point for collections professionals -- dispute resolution (according to a recent Paystream Advisors' study) -- version 5.5 combines advanced dispute management capabilities with easy-to-use configuration tools to ensure the highest level of flexibility and control in driving down days sales outstanding (DSO) and reducing revenue leakage. The solution enables collection professionals to be more productive in their day-to-day tasks through:

--  Greater flexibility in managing, tracking and resolving disputes
--  Increased level of automation leveraging pre-set, conditional business
    rules
--  Ability to customize views and information presentation formats to
    support an organization's unique business processes without additional IT
    resources
--  Better flexibility and control of how accounts are assigned and
    managed
    
"At Aceva, our goal is to design the software around the day in the life of the average professional as opposed to the other way around," said Sanjay Srivastava, chief operating officer of Aceva. "Unlike other solutions that force users to change the way they work in order to use the software, Aceva's solutions continue to represent the industry's highest degree of ease of use and configuration flexibility."

Aceva Revenue and Receivables Suite Version 5.5 Features Include:

-- Advanced dispute management capabilities
    - Intelligent dispute escalation based on dispute types and account
      attributes
    - Complex dispute assignment and management configurations
    - Intelligent detection and escalation of exceptions based on root
      cause or problem severity
    - Advanced cross-functional notes management
-- Easy-to-use tools to allow customer to easily configure the system for
   greater usability and customization
    - User-configurable pages to modify display and content of views
    - Easy to manage account assignment capabilities to address complex or
      granular account requirements
    - Flexible account attribute management for increased usability and
      reporting
Availability

Aceva Revenue and Receivables Suite version 5.5 is available now. For more information, email us at info@aceva.com or (650) 227-5540.

About Aceva

Aceva Technologies is a leading provider of enterprise application software solutions for revenue and receivables management. Aceva's solutions for credit management, order quality, dispute prevention, inventory transaction reconciliation, deductions management, EIPP, collections management, and cash forecasting directly address quote-to-cash process breakdowns, quality issues, and automation requirements. Aceva's products deliver end-to-end revenue and receivables visibility, continuous business policy monitoring, collections process automation and workflow, as well as comprehensive reporting and analytics. As a result, customers are able to optimize financial performance and working capital, improve operational excellence and customer satisfaction, and comply with internal controls and regulatory requirements. Headquartered in San Mateo, California, Aceva's customers include Applied Materials, Honeywell, Network Appliance, Sherwin Williams and StorageTek. For more details, visit www.aceva.com, send email to info@aceva.com or telephone (650) 227-5500

Aceva is a trademark of Aceva Technologies, Inc. All other trademarks and company names mentioned are the property of their respective owners.

Contact Information

  • Editorial Contacts:
    Tina Hou
    Aceva Technologies
    (650) 227-5517
    Email Contact

    Aimee Quemuel
    Trier and Company
    (415) 753-9005
    Email Contact