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System and Method for Automated Collections of Debts for Businesses
System and Method for Automated Collections of Debts for Businesses
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机译：企业债务自动催收系统和方法
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摘要
The present invention consists of a Billing and Collections System wherein the company or firm may creates an online billing account for each client, wherein the System receives payments from clients and matches the payments to client's account. The client is able to manage the way in which it is billed by selecting one or more of the following: language for billing, currency desired for payment, an exchange rate table preferred by the user for foreign currency payments and the amount and manner of late payment reminders. The System uses the client information from the client's payment in order to identify overdue payments. If the client is overdue, the System automatically sends out dunning communications after preselected periods of time and by preselected methods chosen by the firm or company. The System automatically allocates client payments to various accounting and tax categories in accordance with the tax laws of the respective office's jurisdiction.
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