Advanced Credit Management for Microsoft Dynamics AX from Scalable Data Systems

Scalable Data Systems value-added module Advanced Credit Management is designed specifically for and fully integrated with Microsoft Dynamics AX.

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The Advanced Credit Management module provides additional credit management capabilities on top of those already available in standard Microsoft Dynamics AX.

This Add-on Solution provides the credit manager with a mechanism for holding sales orders until credit problems have been resolved.

Key benefits

- The Credit Controller has greater control over processing accounts on credit hold.
- The ability has been added to the standard Microsoft Dynamics AX credit control to allow Customers to be placed on credit hold when they have payments overdue, as well as when they have exceeded their credit limit.

Key features

- If trading terms are breached, a sales order posting is aborted and logged in a credit control table.
- Customers can be placed on credit hold when they have payments overdue, as well as when they have exceeded their credit limit.
- The ability to release orders for processing is limited to a defined user group.
- Limits can be set up to specify the amount that credit controllers can authorise for release.
- A number of days grace can be specified for defined trading terms.
- An audit trail is maintained for all credit releases.
Scalable Data Systems Advanced Credit Management has been specifically designed to work with the Microsoft Dynamics AX Accounts Receivable Module.

Currently within Microsoft Dynamics AX, if a sales order causes a customer to exceed their credit limit, a warning is displayed on the screen.

Scalable’s Advanced Credit Management adds an additional check to ensure that there are no invoices outstanding that have gone beyond the agreed credit terms. In addition to this, it puts a hold on customer processing.

Processing is placed on hold when:

- The customer’s credit limit is exceeded;
- The customer has overdue transactions.

If an attempt is made to post a sales order (e.g. confirmation, picking list etc) and one of these conditions is encountered, a reference is logged to a credit control table, and the posting process is aborted.

The credit controller can view these exceptions and is able to select exceptions for release, by ticking a check box, then pressing a Release button. After this process, the exception has a status of Released and sales order processing can be continued.

Each Microsoft Dynamics AX User who can release orders from Credit hold has authorisation limits set up for them in the standard Employee table.

A number of grace days can be allowed before a customer is placed on credit hold because of an overdue payment.

Microsoft Dynamics AX

Advanced Credit Management for Microsoft Dynamics AX is an add-on module designed specifically for Microsoft Dynamics AX, a customisable, scalable and global Enterprise Resource Planning (ERP) solution that provides you with a fast and powerful way to gain a competitive advantage.