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.

AR Automation 130

AR Automation Accounts Receivable (AR) Credit and Collections Bad Debt 130

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.

AR Automation 91

AR Automation Bad Debt DSO Accounts Receivable (AR) 91

Emagia

FEBRUARY 20, 2025

Automating accounts receivable (AR) is a strategic move for businesses aiming to enhance cash flow, reduce manual workloads, and improve overall financial efficiency. Credit Management Automation Implementing automated credit management allows businesses to assess customer creditworthiness efficiently.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

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?

Credit Scoring 89

Credit Scoring Accounts Receivable (AR) Bad Debt AR Automation 89

Emagia

MARCH 3, 2025

The Accounts Receivable (AR) Process Cycle is a fundamental component of a company’s financial operations, encompassing the series of actions taken to manage and collect payments owed by customers for goods or services provided on credit. Use automated reminders to reduce delays.

DSO 40

DSO Days Sales Outstanding AR Reporting Credit and Collections 40

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.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

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.

AR Automation 52

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 52