SunGard has released a new version of AvantGard Receivables (GETPAID). The credit and collections solution now offers statistical modeling functionality to help companies prioritize collections. Its automated risk analysis evaluates the likelihood of that a customer will become seriously delinquent, go to write-off, or file for bankruptcy. This enables companies to focus collections efforts first on accounts that have the highest likelihood of delinquency and the largest amount of cash at risk, rather than prioritizing collections based on the age of the receivable.
Other upgrades in this version of AvantGard Receivables include a new user interface with streamlined navigation and the ability to import data from credit bureaus and the National Association of Credit Management (NACM).