Technology
Cash Management Solutions employs several technology solutions to enhance our A/R Management services. Depending upon compatibility with the firms billing system, we utilize the following products:
IRIS
IRIS is the new CMS Business Intelligence Reporting Tool. Developed specifically for CMS using our extensive knowledge of the industry, no other BI product harnesses the expertise of the industry’s most experienced revenue management professionals.
More than just reports, IRIS was designed to drive revenue performance. This sophisticated software allows CMS and the firm to understand how the firm is performing and helps determine where improvement is possible. More information...
ARMS
Our ARMS Collections Management software is licensed from Minisoft Worldwide. MiniSoft is the leading vendor of Collections Management software to the legal industry.
With our extensive knowledge of this product, ARMS allows our consultants to increase productivity and improve organization of all collections activities. This improves the collections performance we deliver to our clients. More information...
ReportLinks:
Reportlinks captures specific daily performance information on our collections projects. Among many other statistics it tracks the number of accounts and the amount of the portfolio that is assigned to us. It also tracks the amounts we have collected and the average age of the items collected.
We measure our penetration into the firms A/R as a whole and by billing attorney. With these metrics we can track our performance in managing the firms portfolio. More information...
