Accounts Receivable (AR) AR Automation Bad Debt 
Your Virtual Credit Manager
FEBRUARY 7, 2023
Such a process also brings more certainty to the accounts receivable (AR) asset. By securing the payment mechanism that will be used during the customer onboarding process, payments are embedded in the transaction, eliminating most late payments. Automation is the cost-effective way to increase productivity.
Lockstep
JUNE 15, 2022
For B2B businesses, credit management is essential for accounts receivable (AR) management success. The credit plan will help your organization reduce bad debt and write-offs. You may want to reduce average outstanding receivables by 5% or decrease bad debt by 10% year-over-year.
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Lockstep
JULY 27, 2022
Increased customer loyalty: Offering credit terms can show customers that you trust them and are willing to work with them, which can lead to increased loyalty and repeat business. . However, there are also some risks associated with offering customer credit, including: . What are some credit policy options?
Gaviti
JULY 11, 2024
Advanced A/R automation software, such as Gaviti, enables you to measure A/R team performance as well as the performance of individual team members. Streamline Your A/R Processes Today Gaviti’s accounts receivable automation solution streamlines your A/R processes and helps your team work better.
Gaviti
FEBRUARY 6, 2023
As accounting processes continue to evolve, it’s becoming increasingly clear that harnessing the power of technology can help businesses streamline their operations and make more informed decisions. Below, we’re reviewing some of the top accounts receivable challenges in 2023 and offering quick ways to shore up your collections process.
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