Oscar Udhaar: Manage Credit with Ease
Oscar Udhaar is the ideal solution businesses will need to cater to every kind of udhaar. Managing debit/credit can be challenging especially if owners lose track of their customers to whom they have supplied goods on loan. Luckily, technology has helped eliminate numerous problems associated with credit management and to put it simply, Oscar Udhaar is like hiring the perfect employee who always follows your direction, never let anything fall through the cracks, and works 24/7! With this application, business owners may never miss an opportunity to achieve growth, profits, and overall positive results.
Oscar Udhaar offers your store only the best features. With an intuitive platform, your store will be able to:
– Manage sessions with customers on time and offline as well
– Easily restore, backup and maintain business related data
– Apply discounts with ease
– Add and edit customers into your Customer Phonebook
– Add transactions done by the customers
– Add, manage and calculate Udhar accurately with a credit system
– Keep track of customers’ history through Udhaar tracking.
Why choose Oscar Udhaar?
Oscar Udhaar is an efficient way of utilising technology to keep business transactions in check whilst satisfying customers through freedom of payment via credit (Udhaar) system.
The application displays a full view of khata, payments given and received. Oscar Udhaar makes reporting your credit activities easy anywhere and at any time. Simply download the app, sign in with your phone number and have it verified by the Oscar team. Furthermore, the step by step process is displayed in an orderly fashion and it is an easy tour guide. You can select the ‘Udhaar’ option and enter the amount of credit to be given, then add the name and phone number of the customer for bookkeeping purposes and finally click the ‘Give Udhaar’ option to complete the process. Among all of these attributes you can edit or cancel transactions with just a few steps and if you are facing any trouble our support team is available 24/7 to help you.
On the contrary, the display resolution of the application can be improved for customers’ satisfaction. Moreover, there should be language options for customers since they come from all sorts of backgrounds and ethnicities. The application should comprise of language options such as urdu, english, sindhi, punjabi and, pashto for the ease of the customers. Overall, the display and features of the app are easy to manage and offer an efficient administration of credit given/received.
– Better Cash Flow Management
Making use of Oscar Udhaar to manage credit will increase cash flow through increasing recovery rates, reducing the average days outstanding and lowering collection costs. Your stores’ accounts receivables are efficiently managed before they become problems. A constant and predictable cash flow from a stable base of clients allows a more systematic planning for future growth and capital expenditure. Stores have to pay bills on time and if they don’t manage their credit, it could mean potential loss and persistent debt for the business. By focusing on your accounts receivable, reminding customers to pay, identifying invoices earlier in the process, and making it easier for customers to pay – you will have a very clear picture of your cash position.
– Save on Costs
Advanced credit management technology reduces administration and staff costs as keeping accountants to manage ledgers can become inefficient and owners could lose track of the accounts. Thus, instead of hiring numerous accountants, a limited number of well-trained people can manage the application more methodically and save your company the costs.
– Increase credit management efficiency
Managing credit can be tough especially if owners keep ledgers. Not only is it time consuming but also accountants could incur mistakes in the cash books which could lead to detrimental effects for the business; the owner could experience losses, debts and potential bankruptcy. Hence, Oscar Udhaar helps in avoiding such errors and warning signs by keeping all accounts digital and automate all tasks related to giving credit and receiving payments.
-Improve customer communication and satisfaction
Oscar Udhaar makes it easier for businesses to communicate with customers. You can typically review accounts information, customer information/credit history and log phone calls. Save time and better serve your customers through improved communication tools embedded in more advanced credit management systems. The application automates everything you need in one centralized location so you can serve your customers better, wasting less of their time, and improving your relationship with them.
For further exploration, head on to the website and check it out for yourself!