Krug Selects SunGard Solution For Receivables Management
Krug Inc., a designer and manufacturer of office furniture solutions, has selected SunGard’s AvantGard Receivables ‘On Demand’, or Software-as-a-Service (SaaS), solution. Krug wants the solution to help drive automation and workflow around the order-to-cash cycle in order to increase visibility and control, provide continuous process improvements and to help reduce total day’s sales outstanding. SunGard says that the SaaS model can particularly help small-to-medium sized businesses looking to benefit from automation software without the upfront costs associated with licensing. The company claims it can interface with ERP and A/R systems to streamline and automate the management of credit, collections and dispute resolution.