Arinc Selects AvantGard Receivables Management to Lower DSO
Arinc Incorporated, a company specialising in communications and systems integration for commercial aviation, US defence and government, has selected SunGard’s AvantGard for integrated order-to-cash management.
Arinc has used SunGard’s AvantGard Treasury Management solution since 2000, and has now selected SunGard’s AvantGard Receivables solution to help it improve and streamline its collections process, and lower days sales outstanding (DSO). AvantGard Receivables will also help Arinc achieve increased visibility into cash forecasting, improved management of invoice disputes and the ability to gain a better view into historical data for analysis of payment trends.
Dawn Connell, director of corporate billing and accounts receivable at Arinc, said: “SunGard has provided us with quality solutions and first-rate support throughout the years. By implementing a solution that is able to provide us with strategic and integrated collections management, we are able to more effectively collect on outstanding invoices and in effect better plan funding and investments.”