ero57 is a receivables management software created by MoretonSmith, a company with over 20 years of experience in receivables management. The software uses data analytics to help companies optimize their receivables processes, improve collections, and enhance customer communication. It provides customizable reporting, automated workflows, and user-friendly interfaces to help users improve key metrics like DSO and working capital. Customers in various industries have reported benefits like increased efficiency, improved visibility into performance, and tangible returns through implementation of ero57.
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01 / Our Company
Our Company
ero57 is brought to you by the receivables technology division of MoretonSmith. MoretonSmith are
steeped in over 20 years of receivables management expertise across the globe and are known as
focused, yet comprehensive specialists in receivables management.
For 20 years, we have been dedicated to helping our clients collect more of what they are owed, more
efficiently. We support 17 of the FTSE 100 and operate in over 120 countries.
Working with us means working with an established and trusted brand in MoretonSmith, and a
dynamic, cutting-edge technology company in ero57. We are fast-paced, with real enthusiasm for the
technology we produce and for the business needs we serve.
• Founded in 1994
• The original cloud-based collections software – since 2008
• The most intuitive user-interface on the market
• 40+ different ways to analyse performance
• Free consultation and Smarter Receivables report for all prospective new clients
• Easy-start pilot scheme to help you build your business case
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02 / What we do
What we do
Smarter Receivables is our mission. We strive to develop the ultimate balance of people, process and
technology. We use technology to better understand how collectors perform, customers react and processes
function. In doing this, we continually learn from the past to optimise future performance.
Accounts receivable isn’t just a process, its also about communication between you and your customers. The
more effective your communication, and the better you understand your customers’ motivation, behaviour
and the context in which they’re working, the more likely it is the outcome will be successful for you.
ero57 enables our Smarter Receivables methodology to constantly evolve within your business to provide you
with transformational insights into your AR performance.
• PPA Magazine Credit Supplier of the Year
• Credit Today Rising Star Award
• ICM International Trade Award
• ICM Innovative Solution of the Year
Awards
• ICM International Trade Initiative Award
• Export Credit Team of the Year
• Export Credit Professional of the Year
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03 / Indroducing ero57
Introducing ero57
The ero57 suite is the only collection software developed by leading
professionals of the accounts receivable industry. Innovative and powerful,
it enables companies to achieve optimum working capital, reduce DSO and
control risk while protecting their relationships with customers.
ero57 takes the power of human reasoning and uses technology to scale it
up to a whole new level – focusing on large data sets to determine the best
course of action in delivering efficient, effective accounts receivable.
Trend updates made by collector comparison
Dashboard filter selection
ero57 constantly improves key elements of the receivables function to deliver:
• Improved working capital
• Improved collector performance
• Accelerated dispute resolution
• Lower administrative costs
• Enhanced customer service
Benefits
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04 / Build a stronger business
Build a stronger business
How ero57 delivers results:
++ Rich customer data
++ Powerful analytical tools
++ Flexible workflow creation
++ Communications
++ The right message
++ To the right person
++ At the right time
++ Interactive self-serve customer
portals
++ In any language in the world
++ Resource allocation
++ Data-driven collector tasks
allocation
++ Designed to motivate action
++ Automation of tasks
wherever appropriate
++ Management reporting
++ The most granular yet
relevant information
++ Dashboard delivers deep
understanding – fast
++ Customisable: what you
need, when you need it
++ Strategy
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05 / Reporting
Reporting
ero57 enables you to segment and analyse your data using 40+ different
permutations to generate insightful reports to your own specifications.
This flexibility improves forecasting, helps you decide on the best course of
action in individual cases – and makes a significant difference to your overall
accounts receivable performance.
The Reporting function includes the Collector Productivity Dashboard, which
displays how much users have obtained in payment promises every day,
and how many customer accounts they have updated. The dashboard also
displays other key information, such as aged debt and status.
You’ll be able to mix and match from all applicable options:
Performance Metric Compare to: Split / Filter by:
DSO - Days Sales Outstanding DSO - Days Sales Outstanding Collector
ADP - Average Days to Pay ADP - Average Days to Pay Aged Debt
DBT
Days Beyond Payment Terms
DBT
Days Beyond Payment Terms
Ledger
ADO - Average Days Outstanding ADO - Average Days Outstanding Country
ADD - Average Days in Dispute ADD - Average Days in Dispute Region
Balance Balance Workflow
Billed Billed Risk
Collected Collected Portfolio
Comms sent Comms sent
Promises obtained Promises obtained
Updates made Updates made
Card Payments Card Payments
Forecasting Metric Compare to: Split / Filter by:
Future Diary Future Diary Collector
Next Comms Workflow Next Comms Workflow Aged Debt
Promised Promised Ledger
Predicted Predicted Country
Combined Combined Region
Workflow
Risk
Portfolio
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06 / Ease of use
Ease of use
ero57’s user interface is the most intuitive, visually appealing
and functional interface ever seen in receivables software:
• Motivates users
• Easily accessible and visually appealing information
• Happy, motivated team
• Productivity gains
• Easily comprehensible performance data to help managers
identify opportunities for improvement
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07 / Testimonials
Testimonials
“Whether they wish to raise a dispute, download a copy invoice, make a
payment promise or pay by credit card, it can all be done online without the
need to interact with a credit controller. The resulting efficiency gains have
already paid for this system a number of times over.”
Dan Harris, Group Financial Process Manager (UBMi)
“The introduction of this product has truly changed the face of our credit & collections operation.
As a Shared Service Operation, communication with our stakeholders and their clients is paramount
and this product has added a new dimension to this aspect of our service. Additionally, the control
and direction of our collection teams has improved tremendously, bringing both tangible and
intangible rewards to accountability and effectiveness. I cannot speak highly enough of this product
and the people at MoretonSmith who introduced us to its excellence.”
David Hughes, Director of Shared Financial Serrvices at Omnicom Media Group UK
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07 / Testimonials
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07 / Testimonials
“It was a choice between implementing an upgraded
credit control module of our current financial system
or ero57. ero57 won hands down because of the eComm
capabilities and the reporting tools.”
Joanne Hastings, Commercial Manager at Grass Roots
“MoretonSmith did a great job thinking through
a new delivery model to automate collections and
then working with us to implement.”
CEO, GE Capital UK
“I have rarely worked with a more flexible team
who are prepared to listen to client ideas and
understand our business.”
Group Credit Controller, Hitachi Europe Ltd.
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08 / What’s next?
What’s next?
Understand more
A company with a uniquely comprehensive, proven and respected one-stop
approach to receivables management. Our team will provide a free
consultation, along with a no-obligation report to help you determine just how
ero57 could best assist your business. Just get in touch below.
Take action
If you are ready to take the next step on the path to Smarter Receivables,
please contact our sales team below to arrange a demonstration and discuss
our easy-start and fully-managed implementation programmes.
Contact us
We are able to make a real and immediate difference to your receivables
function, to your cash flow – and to your business as a whole.
• Call us on +44 (0)207 566 3277
• Email us at enquire@moretonsmith.com
• Fill out an enquiry form at moretonsmith.com
We look forward to hearing from you.
80 Clerkenwell Road
London
EC1M 5RJ
United Kingdom
+44 (0)207 566 3277
enquire@moretonsmith.com
moretonsmith.com