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The Legal Implications of AI in Finance and Order-to-Cash Operations

Emagia

Launched in late 2022, it quickly gained popularity for its ability to write, edit, and answer complex queries. The post The Legal Implications of AI in Finance and Order-to-Cash Operations appeared first on Emagia.com. Operational Efficiency: AI can assist with tasks like preference analysis, reducing the burden of manual work.

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Looking back at 2022 from a SAP and Microsoft perspective

SAP Credit Management

Together with my colleagues Robert Boban and Goran Condric I run a weekly podcast (we should start calling it webcast…) about “ SAP and Microsoft ” and we just wrapped up the year 2022 in our episode 124. 124 – The one wrapping up 2022 (Jürgen Thomas) | SAP on Azure Video Podcast – YouTube. Infrastructure.

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A Focus on Collections & Credit Fraud

Your Virtual Credit Manager

In 2022, over half of companies experienced at least one fraud attempt, with many suffering significant financial losses. Several prevalent fraud scenarios target the order-to-cash process, including: Email Compromise : Fraudsters hack emails to redirect payments or create fake orders.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Credit Analysis and Portfolio Monitoring Software: These solutions are for managing risk after the initial order has been approved.

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Late Payments: Reasons and Remedies

Your Virtual Credit Manager

Some of the reasons for paying slow are more serious than others, but they all impact your cash flow and your collection efforts. There are several keys to effective past due collections and they start with your order-to-cash process. Do that and you eliminate a lot of potential collection issues.

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Received Down Payments in SAP Business ByDesign

SAP Credit Management

The following diagram outlines the steps in the Order-to-Cash (Sell-from-Stock) business scenario. Create the sales order for example, for a new private customer – (block sales order for delivery). Example:Down Payment Request: Document : ATDP-1-2022. Fulfill sales or service order. Business Scenario.

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Are Early Payment Discounts a Good Idea in Today’s Economy?

Your Virtual Credit Manager

Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times. The best solution is to only offer these abusive accounts net terms with no discount for early payment.

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