Tax, Accounting & Legal
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TMI Awards 2010: SunGard & IT2 Treasury Solutions

Companies increasingly view the management of working capital, particularly accounts receivable, as an important measure of a company’s financial health. Historically, these operations have been highly inefficient as a result of the lack of integrated systems being used to manage the order-to-cash cycle.

SunGard’s AvantGard addresses this challenge by providing a fully integrated, Web-based order-to-cash solution that enables companies to achieve significant financial and operational benefits. AvantGard Receivables drives automation, workflow and collaboration across the order-to-cash cycle, with detailed analysis and reporting capabilities for facilitating decision support.

“Efficient and effective receivables management is integral to the financial stability of any corporation. By automating workflows around credit and collections processing and management and adding transparency, a company is empowered to unlock hidden cash, enhance compliance management and improve customer service with greater response time. SunGard’s AvantGard provides corporations with visibility and a proactive approach to collections management in order to help them improve cash flow and reduce bad debt expense. We are happy that our hard work and success in receivables has been recognised by TMI and are proud to receive this award,” said Jim Mangano, SVP, Receivables Solutions, SunGard’s AvantGard.