NBC / Universal
• Produces, sells and distributes cinema and television movies worldwide
and in addition develops a range of other media activities
• NBC's Commercial Finance Centre Amsterdam (CFCA) collects and processes all licences
and royalties, and in addition is also responsible for all collection activities worldwide
• CFCA also provides Financial handling for the business units TV
Distribution USA, Merchandising USA and CNBC Europe
Challenge
• Integrated, central credit management system for rapid processing of invoices and payments
for the various business units in different currencies
• Full insight into customer details (know your customer), financial, including credit rating and payment history
• Real-time insight into the cash flow
• Flexibility in processes and reports
FIQAS Solution
• Web-enabled solution, based on
Adapt® Collection
• Reports and subsequent actions automated using workflows
• User-friendly interface for end users
• Embedded workflow supports various operational processes
Results/Key benefits
• Days Sales Outstanding (DSO) greatly decreased for a growing revenue
• System flexibility enables pro-active credit management
• Timely invoicing prevents disputes and customers pay earlier
• Accelerated payment of royalties to rightful claimants
• FIQAS Adapt® makes NBC Universal future-ready
For more information
• +31 (0)297-282323
•
sales@fiqas.nl