Solutions

Enter the world of collaborative financial flows management

Practical, proven and reliable, XRT Universe is essential software for financial management and will transform your approach to cash management. The benefits are immediate: rapid deployment, improved working capital management, limited operational risk and lower fees... all delivered without technical or administrative constraints.

Ease of Use for higher productivity

XRT Universe brings you increased performance every day. It enables you to generate true added value at the heart of your financial value chain. This new approach is possible through the association of an innovative and intuitive user interface with a unique functional richness, integrating modern technologies.

XRT Collect improves your outstanding trade balances, reduces DSO, decreases time spent on disputer resolution and increases productivity on telephone reminder contacts. XRT Collect provides a collaborative working environment that promotes a deep and lasting relationship with your clients.

XRT Reconciliation optimizes your processing time using extensive task automation features and traceability tools, all within a flexible and user-friendly workspace. XRT Reconciliation improves your productivity, profitability and efficiency through timely and accurate reconciliation.

XRT Cash delivers all the benefits of collaborative treasury management combined with the rich functionality of a decision support tool. By analysing information in real-time, XRT Cash provides a global view of your positions, thereby improving your financial decisions and optimizing your profitability - 24 hours a day.

XRT Liquidity helps you create treasury budgets, generate forecasts and control the variation between actuals and forecasts. XRT Liquidity becomes your best ally when developing performance and reinforcing negotiation power with bankers and investors.

XRT Dealing is a simple management and administration tool designed to monitor your financial transactions and evaluate your organization's financial risk. XRT Dealing boosts your productivity and increases your ability to follow-up reliably on transactions.

XRT Payment combines the power of paperless processes with secured data exchanges in one, cohesive solution. By integrating existing information systems with quick and secure data exchanges, XRT Payment allows you to effectively manage payment transactions with confidence.

XRT Communication & Signature integrates easily with your existing infrastructures, allowing you to communicate with your banks with ease. XRT Communication links you to your internal and external information systems, while XRT Signature offers a complete solution to manage all your electronic signatures in total confidentiality.

Beyond the technical and functional aspects, Financial Value Chain Management (FVCM) entails an entirely new approach to financial management, with an emphasis on productivity and efficiency. Using our proven methodology, with more than 7,000 successful implementations worldwide, XRT experts provide assistance during every stage of your project, to ensure the success of your initiative.

XRT Consulting: Your financial value chain experts
Ranging from project managers to functional and technical consultants, our personnel assist you in analyzing your requirements, training your staff, conducting tests, and in the final deployment of your customized solution.

XRT Client Support: Experienced technicians ready to assist you
Our Client Support technicians provide immediate and detailed user assistance, for either technical or functional issues, by telephone or e-mail.

XRT University: Training whenever and wherever you need it
In our offices, on the Web or on-site, our University personnel train your teams without penalizing your daily activities.

XRT User Group: Sharing knowledge and expertise
Yearly User Group Conference in the Antwerp office, Belgium (2nd Thursday of June).

XRT Universe offers out-of-the box simplicity and ease of deployment without skimping on functionality. Your teams will be up and running in no time, ensuring that you take immediate advantage of your investment, using standard and sturdy technology to implement straight-through processing, better collaboration and enhanced visibility of your cash flows.

Embraced and esteemed by thousands of end users around the globe, these technologies include:

• A 2-tier architecture via OLEDB
• Web-enabled via CITRIX
• Multi-language (English, French, Spanish, Portuguese, Italian, German, Polish)
• Available in ASP

XRT’s solution relies on industry standards as a guarantee of long-term viability and scalability.

• SQL Server 2000/2005 and Oracle v10
• Single sign-on, supports Active Directory
• LDAP/Active Directory authentication
  

XRT Business Exchange is a complete communication and integration solution that allows you to optimize and automate the flow of cash-based information between you, your banks, partners and/or subsidiaries. Business Exchange can be utilized with any treasury software solution and/or ERP solution to even further streamline cash flows and secure data exchange services.

XRT Business Exchange allows you to establish your own workflows and views through functional or "role-driven" data dashboards. As a user, you have the ability to customize your own views of system-wide information, create your own reports and monitor each transaction in real time. XRT Business Exchange's functionality also serves as a self-service model for allowing field offices to access all banking data and statements, make payment requests, view and upload reports and much more.

Learn more about how XRT Business Exchange can help you analyze and share banking data in real time; break the boundaries of payment processing; implement your electronic signature strategy; digitize your documentary credit workflow; and optimize efficiency by eliminating paper-based processes.

Cash in on your receivables management for greater productivity and profitability across the company
When your receivables begin to represent a third of your balance sheet assets, it is time to give a little more consideration to the middle of your balance sheet in order to unlock your working capital, the key to optimal financial management within the company.
What would you say to a 10% improvement in outstanding trade balances, a 2–3 day reduction in DSO, a decrease of 5 days on average for dispute resolution, 4 times as many productive telephone reminder contacts, and at the same time a better image among your clients?
This solution exists.
XRT Collect makes all this possible for you. Simply, quickly, reliably.

Reduce DSO to drive performance
In order to decrease your outstanding receivables, you need better visibility of information about your client portfolio to enhance consolidation across your entire organization. The implementation of industry-specific guidelines and the definition of automated contact strategies enable you to optimize relations with your clients. Each member of your receivables management team better appreciates his or her contribution to client relations thanks to improved sharing of information via task lists, daily alerts, etc. Thus you monitor the progress of each of your team members in achieving their defined goals.

Faster dispute resolution through a cross-functional approach
By acquiring an enterprise-wide perspective on receivables management, you bring into focus the actions of staff with different responsibilities throughout the company. In this way, you can issue information and alerts to all internal and external actors to optimize your decision-making processes and the implementation of improvement measures. You gauge and control processing time step-by-step so as to streamline the entire dispute resolution process.

Safeguard your company from receivables risk to optimize your working capital
To avoid any insolvency resulting from client accounts with unpaid balances, you need to be able to evaluate the financial solidity of selected clients throughout the relationship. By applying a risk-sensitive methodology, our solution can issue alerts immediately to staff concerned in order to improve reaction times. You will realize gains in productivity thanks to the automation of credit insurance risk assessment and the archiving of exchanges. By adopting a risk-management approach for each definable tier of a larger corporate group, you will be able to automatically adjust your dunning strategies. Home in on the key indicators for genuine proactive receivables management Visualize, forecast and decide in just a few clicks XRT Collect’s decision support tool allows you to perform and make immediate use of all your singular analysis with just a few clicks. Drag-and-drop to build your multi-dimensional cubes so that you can make more informed decisions. Bring areas in need of improvement to light more rapidly and have access to all the information you need to manage the effectiveness of your procedures, strategies and contributors. Analyze your information to accelerate your cash flows All customer information is concentrated on the same customisable screen, with the intention of being pertinent and efficient during the telephone interview/ conversation.

A powerful decision support tool

• Building of multi-dimensional decision cubes using drag-and-drop
• Adjustable scope of analysis
• Visual alerts
• Definition of analysis parameters with selection of database dimensions and measurement methods
• Conditional display with customizable color
• Statistical counting functions
• Integrated SQL
• Ability to make use of external data
• Dynamic cross-analysis
• Instantaneous viewing and updating of values
• Editable summary export in Excel format for transfer by e-mail
• Possible definition of cubes using external data
• Dynamic consolidation

A collaborative and user-friendly tool

• Immediate access to data with rich visualization
• Automation of all tasks to reduce errors
• Automatic generation of e-mail alerts
• Automatic allocation of data and tasks controlled via task lists
• Distribution of data through calendar and messaging functions or by way of task lists with daily updates
• "My XRT Collect morning" enables the management of daily priorities and team members’ progress in meeting objectives

Customized management tools

• Automatic integration of data from your ERP, CRM and SRM systems
• Automatic creation and allocation of updatable dunning strategies
• Creation of a comprehensive and/or detailed client file for each facet of receivables management (delinquency, disputes, credit risk management)

Efficient and fully automated dunning notifications

• Identification of Unpaids
• Personalized and automatic dunning notifications by letter, e-mail or fax; least expensive communication method selected by default
• Aged balance based on days overdue in relation to each client’s payment schedule
• Provisional balance based on payment promises
• Entry and tracking of payment promises

Superior credit risk management

• Automatic calculation of payment history
• Calculation of a client’s overall outstanding balance including consolidated risk measurement (with modifiable scope of consolidation)
• Calculation of DSO using the Rollback method: entire company, by client category, by client
• Management and filing of financial investigations and subscribed credit insurance policies
• List of clients having certified their end of coverage on the basis of a provisional agreement
• Follow-up of increasingly delinquent clients as a percentage of revenue or in numerical terms
• Management of credit risk insurance (monitoring and exchange of contractual elements)

Dispute resolution well in hand

• Intelligent dispute escalation
• Allocation of a dispute to the invoice line with entry of the quantity (closed or open entry)
• Quality indicators: average resolution time, definition and auditing of resolution times, number of disputes resolved over a specific period of time, etc.
• Status of disputes and resolution times
• Reallocation of files in the absence of a handler

Beyond the technical and functional aspects, Financial Value Chain Management (FVCM) entails an entirely new approach to financial management, with an emphasis on productivity and efficiency. Using our proven methodology, with more than 7,000 successful implementations worldwide, XRT experts provide assistance during every stage of your project, to ensure the success of your initiative.

XRT Consulting: Your financial value chain experts
Ranging from project managers to functional and technical consultants, our personnel assist you in analyzing your requirements, training your staff, conducting tests, and in the final deployment of your customized solution.

XRT Client Support: Experienced technicians ready to assist you
Our Client Support technicians provide immediate and detailed user assistance, for either technical or functional issues, by telephone or e-mail.

XRT University: Training whenever and wherever you need it
In our offices, on the Web or on-site, our University personnel train your teams without penalizing your daily activities.

XRT User Group: Sharing knowledge and expertise
Yearly User Group Conference in the Antwerp office, Belgium (2nd Thursday of June).