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Brainworks' Credit Management

Efficiently Improves Cash Flow

Brainworks provides a unified solution. Through a single database, Brainworks manages all of your advertising: display, classified and preprints, as well as billing, accounts receivable, contracts, layout, pagination, marketing, sales force automation and web/palm integration. Brainworks Credit Management is a component of this unified solution, or may be deployed along with Brainworks billing/accounting and interfaced to third party classified systems.

Reducing Costs Means Higher Profits
Brainworks helps you manage your credit relationships with a minimum of effort. Define your three tiered credit rules at the corporate and advertiser level, and Brainworks tracks all activity, allowing you to manage by exception, so your resources are used efficiently. Since Brainworks calls attention to marginal accounts before they can create excessive exposure, account collections are increased. The result: a better bottom line for your newspaper.

Brainworks Conforms to Your Credit Strategy
Brainworks highly flexible credit rules permit you to define dollar exposure and time exposure as company wide rules, and at the advertiser level. Additionally, you may choose to enable or deny credit to an individual advertiser regardless of account status.

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Order Entry Level Alerts Provide Early Warning
During order entry, credit details are evaluated and initial creditworthiness for the ad is established. Optional alerts to the ad entry clerk provide instant feedback, maximizing your chances of clearing up the credit problem and running the ad.

Ongoing Monitoring Insures Uniform Control
Dynamic credit checking reevaluates credit status prior to each time the ad runs. Brainworks continues to monitor credit after order entry, to insure that all accounts stay within your predefined limits.

Manage By Exception
Credit failed ads automatically route to special queues. A highly visual and user friendly interface permits your credit manager to easily review each situation and release or hold the ad.

Powerful Collection Center Accelerates Cash Flow
Brainworks collection center provides a powerful, quick, easy interface for reviewing past due open accounts. In a snap, you focus in on problem accounts. Powerful drill downs provide full account details. Collection communications and payment promises are logged and tracked for compliance. Fax or email details to your advertiser, or allow them to review the account with you, from their browser, using Brainworks Web-Based Customer Service.

Past Due Letters, Statement and Invoice Messages
Generate past due letters automatically based on your business rules. User definable, time-sensitive message text is automatically displayed on past due letters, billing statements, and invoices.

Parent/Child Relationships
Brainworks allows you to define credit relationships between major and subsidiary accounts, as well as agency and advertisers for combined credit evaluation.

Unleash the Power of the Brainworks' Billing System
Brainworks credit management is an integral component of the Brainworks billing/accounts receivable system. Over 13 years of ongoing development and installation at over 550 newspapers has made Brainworks a robust, mature, and powerful solution capable of handling any newspaper environment.

Manage Bad Debts Easily
Brainworks permits you to write-off balances and move accounts to bad debt status, selectively, or in batch mode with override capability. Full reporting of bad debts by sales rep is provided, as well as detailed distribution to your general ledger.

Eliminate Small Balances
Define your small balance thresholds, and Brainworks quickly and easily eliminates them from your billing/accounting system, using appropriate credit and debit memos. Full reporting by sales rep, as well as detailed distribution to your general ledger is supported.

Reporting - Get What You Want, When You Want It!
In seconds, easily define and generate any advertising report: detailed, summary, or comparative. Quickly select the elements to include, indicate your sorting and filtering preferences, and your report appears instantly on the screen. Report on classified and display advertising together or separately. Report by salesperson, territory, division, publication, edition, section, date, ad type, advertiser, SIC code, day of week, promotion, or any user definable elements.

A Proven Track Record of Delivering Cutting Edge Technology
Since Brainworks released the industry's first Windows based advertising system over a decade ago, the company has continued a tradition of leveraging the most effective and current technologies. The corporate mission is maximizing the profitability and productivity of newspapers.

Brainworks - The Platform for Today and Tomorrow
Brainworks ROP Pagination is a cross platform solution. You have the freedom to choose either PC or Macintosh workstations. Operates on Microsoft Windows 2000¨, and Sun-Solaris™ servers. Database options include SQL Server™, and Oracle¨. One system can support multiple users in a single location, or multiple users spread over a broad geographical area using a Wide Area Network.

At Brainworks, Customer Satisfaction Is Paramount
The technical team provides outstanding 24x7 support, is highly responsive to the needs of the industry, and is proactive in leveraging technologies to keep Brainworks customers ahead of the times.

Profit from Brainworks
Find out more about how Brainworks software can make your newspaper more profitable. Online and onsite demonstrations are available upon request.
 
Contract & Credit Products
Contract Management
• Credit Management

" I love it! Brainworks has literally transformed our credit process. What was a labor and time intensive process has become a tame, controlled, manageable, and highly effective process. "

-Dee Stevenson, Credit Manager
Herald-Mail, Hagerstown, MD


Fully Windows™ based
Scalable to any size newspaper
Operates either as part of Brainworks Unified Advertising and Billing Solution, or integrates with other classified and production systems
Three tiered credit control system conforms to your credit strategy
Alerts prior to each run date
Credit hold/release queue management
Powerful collection center
Collection message center
Automatic collection follow-ups
Powerful inquiry screens and drill-downs
Parent/child relationships
Credit messages viewable by sales staff
User definable terms and credit limits
Grace periods
Dynamic credit checking
Detailed access to all advertising history
Web based customer service tools
Fax/e-mail capability
Clients on hold queue
Bad debt write-off
Small balance write-off
Security - customized permissions by user
Operates over LAN or WAN
Workstations may be MAC, PC, Unix
Installation/ Training/ Support
Data conversion from your previous system
24x7 Support
Platforms: Windows/NT®, Microsoft SQL™, Oracle®, Unix™
 
 
 
 

Customer Interviews
Nelson Clyde IV
Publisher
Art McLelland
VP Sales and Marketing
Jerry Rives
Circulation Director
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