Your Virtual Credit Manager

JANUARY 17, 2023

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. The sales team learned very quickly that eliminating the friction from the billing and payment processes facilitated earlier customer payments, hence larger commissions.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Gaviti

FEBRUARY 4, 2025

The world of Accounts Receivable (AR) is evolving rapidly. With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. Use data-driven insights to improve customer segmentation and prioritize high-risk accounts.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics Accounts Receivable (AR) 59

Your Virtual Credit Manager

JANUARY 30, 2024

The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation.

Credit and Collections 130

Credit and Collections Collector Accounts Receivable (AR) Days Sales Outstanding 130

Your Virtual Credit Manager

NOVEMBER 1, 2022

The key factors informing your prioritization scheme are: The amount of the past due accounts receivable (AR) The age of the past due AR (e.g, 15 days or 120 days?) In fact, broken promises should be followed up the day after the payment was expected.

Past Due Invoices 130

Past Due Invoices Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial. There are multiple costs and vulnerabilities that emerge.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Emagia

FEBRUARY 5, 2025

As a CFO or an accounts receivable (AR) professional, your primary responsibility is to ensure that your business maintains healthy cash flow by efficiently managing accounts receivable processes. However, managing AR can often be a complex and challenging task.

AR Automation 40

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 40

Emagia

FEBRUARY 14, 2025

This article delves deep into the concept, benefits, components, implementation strategies, and the transformative impact of integrated receivables automation on businesses. By leveraging automation, analytics, and artificial intelligence (AI), it enhances efficiency, accuracy, and visibility across the receivables lifecycle.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40