ARINC has used SunGardâs AvantGard Treasury Management solution since 2000, and has now selected SunGardâs 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 Incorporated, said, âSunGard 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.â
C.J. Wimley, executive vice president of corporate solutions of SunGardâs AvantGard business unit, said,âARINCâs decision to expand its relationship with AvantGard for receivables management demonstrates the quality technology and support that SunGard provides to its customers. Efficient and effective receivables management is integral to the financial stability of any corporation. AvantGard helps give companies visibility and a proactive approach to collections management, to help them improve cash flow and reduce bad debt expense.â