Internet Creations CEO Chad Meyer shares his proven tips and best practices for Accelerating Cash Flow with Accounting Seed & Chargent.

1. Accelerating Cash Flow
with Accounting Seed and Chargent
Chad Meyer
CEO, Internet Creations
http://www.internetcreations.com

2. ● Why CRM + Accounting
● Integration vs Native
● Accounting Seed & Chargent
● Ultimate 360-Degree View &
Self-service (Communities)
Accounting on Salesforce

3. Outcomes
● Average age of our receivables 3 days.
● 8X growth > +0 FTEs
● AR default: 1/10 of 1%

4. Cross-department
alignment & collaboration

5. Automation
(Credit Management & Collections)

6. Collections/Activity History

7. Accounting Controls

10. Integration vs Native
Integration:
● Low cost of entry for limited requirements (i.e. Accounts Receivable)
● Sufficient for uni-directional or read-only sync
● High maintenance
● Only when replacing your accounting system is out of the question
Native:
● Full Accounting in a Grand Unified System
● Familiar Salesforce UI
● Highly customizable & extensible
● Easy to automate processes (i.e. Quote to Cash)

11. Accounting Seed & Chargent
● Accounting Seed
○ Eliminated double entry (fewer errors)
○ Business rules ensure accuracy in AR & AP
○ Credit
■ Manage: AR Days to Pay, Aging, High Balance
■ Enforce: Capabilities similar to a bank
● Chargent
○ One-time and recurring billing
○ Credit cards
○ ACH debit transactions (eChecks)

12. The Ultimate
360-Degree View:

13. Self-service

14. Questions?