Your Virtual Credit Manager

FEBRUARY 28, 2023

It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. Offering Prompt Payment Discounts to customers can significantly advance your cash inflow from AR and reduce overall exposure to bad debt loss. Invoices also need to be accurate.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

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.

AR Automation 130

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

Your Virtual Credit Manager

SEPTEMBER 10, 2024

Specifically, Credit and Collections is responsible for approving new customers for credit terms and managing orders at the beginning of the O2C cycle, while also monitoring risks within the Accounts Receivable (AR) portfolio and collecting overdue payments, both of which are post-sale activities.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Emagia

FEBRUARY 20, 2025

Introduction In today’s fast-paced business environment, efficient management of accounts receivable (AR) is crucial for maintaining healthy cash flow and ensuring financial stability. Manual AR processes are often time-consuming and prone to errors, leading to delayed payments and strained customer relationships.

AR Automation 40

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

Emagia

FEBRUARY 3, 2025

Managing accounts receivable (AR) is a critical part of maintaining a companys cash flow, but one of the most significant hurdles in AR management is handling disputes. Resources are diverted toward resolving the dispute instead of focusing on other tasks. Impact: AR teams are overwhelmed with administrative tasks.

DSO 40

DSO Accounts Receivable (AR) Days Sales Outstanding Transactions 40

Your Virtual Credit Manager

JUNE 27, 2023

No two are alike, but they do tend to fall into some common groupings. Identifying the groupings within your customer accounts receivable (AR) portfolio enables you to deal with them all more effectively and efficiently. Photo by Keren Fedida on Unsplash Each business customer presents a unique set of circumstances.

Collector 26

Collector Credit and Collections High-Risk Accounts Accounts Receivable (AR) 26

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. Electronic invoicing helps in quick delivery and tracking.

DSO 40

DSO Days Sales Outstanding AR Reporting Credit and Collections 40

Your Virtual Credit Manager

APRIL 4, 2023

With a growing number of experts predicting a recession to hit later this year, and inflation and interest rates remaining at elevated levels, squeezing every dollar out of your investment in Accounts Receivable (AR) is more important than ever. They instead are non-performing assets that take time and money to recover.

Past Due Invoices 100

Past Due Invoices Credit and Collections Deductions Accounts Receivable (AR) 100

Lockstep

JULY 13, 2022

It’s been a great success so far, and we’ve received quite a lot of positive feedback from users. Since its launch, Lockstep Inbox has added 12 new accounts receivable (AR) templates and 12 new accounts payable (AP) templates, respectively.

AR Aging 77

AR Aging Accounts Receivable (AR) Transactions 77

Emagia

MAY 6, 2024

Using GiaDocs AI for NetSuite to accelerate the Accounts Receivable (AR) inbox can streamline and optimize various tasks associated with managing incoming payments and customer communications. This articles details on how you can utilize GiaDocs AI for NetSuite to accelerate your AR inbox.

AR Metrics 52

AR Metrics Accounts Receivable (AR) Dashboards Transactions 52

Your Virtual Credit Manager

MARCH 19, 2024

Whether you have automated the collection process or not, mapping out collection strategies for the different types of customers in your accounts receivable (AR) portfolio is an accepted best practice. Bulk transfers often occur in business transactions such as mergers, acquisitions, or asset sales.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

Lockstep

JANUARY 11, 2023

Seattle, WA – (January 10, 2023) – Lockstep , the connected accounting network, today announced Lockstep Self-Service, the latest application in the Lockstep Suite. Lockstep Self-Service is a free application that works in tandem with Lockstep Inbox to automate AR and AP workflows online. About Lockstep.

Accounts Receivable (AR) 10

Accounts Receivable (AR) Transactions 10

SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

This proactive measure not only fortifies the billing process but also enhances financial health by accelerating cash flow by 6-10 days and reducing the days in accounts receivable (AR), ensuring a smoother and more efficient revenue cycle. Yet, within these challenges lie opportunities for significant financial gains.

Accounts Receivable (AR) 59

Accounts Receivable (AR) Medical Billing Transactions 59

Emagia

JUNE 19, 2023

Invoices serve as a record of transactions between businesses and clients. An invoice is a document that provides information of products and services provided to a client. Traditionally, invoicing has printing and mailing physical invoices, but those are very costly. There are a number of functions that invoices support.

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Days Sales Outstanding 52

SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

This proactive measure not only fortifies the billing process but also enhances financial health by accelerating cash flow by 6-10 days and reducing the days in accounts receivable (AR), ensuring a smoother and more efficient revenue cycle. Yet, within these challenges lie opportunities for significant financial gains.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Medical Billing Transactions 52

Emagia

AUGUST 19, 2024

Generative AI (GenAI), a more recent evolution in artificial intelligence, is poised to redefine the Finance and Accounting (F&A) landscape, particularly in areas like Order-to-Cash (OTC) and accounts receivable (AR) management.

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 52

Lockstep

JULY 20, 2022

The world’s first ever shared inbox is designed exclusively for accounting and finance, Lockstep Inbox creates an online workspace so there’s one place for the accounting team to work together, manage shared activities, and directly connect with customers and vendors.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Transactions 52

Lockstep

JUNE 14, 2022

The world’s first ever shared inbox is designed exclusively for accounting and finance, Lockstep Inbox creates an online workspace so there’s one place for the accounting team to work together, manage shared activities, and directly connect with customers and vendors.

Accounts Receivable (AR) 10

Accounts Receivable (AR) DSO Transactions 10

The Corcentric Blog

MAY 22, 2023

With a comprehensive automation strategy, functions like accounts receivable (AR) activities, invoicing, collections, dispute management, and cash application can be automated with substantial efficiency gains. This is particularly helpful when managing orders with large amounts of invoices and transactions.

Order to Cash 40

Order to Cash Accounts Receivable (AR) Invoice Collections Cash Applicator 40

Emagia

JANUARY 31, 2025

Invoice matching is a critical aspect of accounts receivable (AR) management, helping businesses ensure the accuracy of their financial transactions. This is the simplest form of matching and is commonly used for straightforward transactions.

Average Days Delinquent 40

Average Days Delinquent DSO Accounts Receivable (AR) Days Sales Outstanding 40

TreviPay

AUGUST 11, 2023

Chief financial officers (CFOs) and treasurers are also under pressure to refine and improve cash flow management practices, reduce unpaid invoice write-offs, and streamline workflows. Conventional AR processes and paper-based workflows do not suit remote work. They can be used for both domestic and global transactions.

Credit Card Payments 52

Credit Card Payments Accounts Receivable (AR) Days Sales Outstanding Transactions 52

billtrust

OCTOBER 5, 2022

Pros and cons of handling accounts receivable remotely How do you streamline accounts receivable & remote work? Automating your accounts receivable processes. If you’re like most businesses, your accounts receivable (AR) process could use a little streamlining.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Credit and Collections AR Automation Credit Card Companies 52

billtrust

DECEMBER 20, 2022

Accelerate digital payments by leveling up your AR automation. Automation brings B2B opportunities for B2B transactions. Automated AP comes with challenges for AR teams. Also, a recent study from Juniper Research has found the global transaction value of the B2B payments market will exceed $111 trillion in 2027.

AR Automation 52

AR Automation Digital Lockbox Cash Applicator Collector 52

Your Virtual Credit Manager

SEPTEMBER 13, 2022

They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. Those types of deductions are relatively easy to resolve.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Emagia

FEBRUARY 9, 2025

Enter automation a game-changer for financial operations, particularly in areas like Accounts Receivable (AR), Accounts Payable (AP), and Treasury transactions. We’ll also discuss how advanced technologies like AI and Robotic Process Automation (RPA) are transforming the way financial data is handled.

Transactions 52

Transactions Accounts Receivable (AR) Credit and Collections 52

Your Virtual Credit Manager

JANUARY 21, 2025

Further credit and collection contributions involve monitoring risk in the accounts receivable (AR) portfolio and collecting from customers who don’t pay on time, both of which are post-sale activities. For more about approving orders, click here. When that happens, it is likely your payment will be delayed.

Order to Cash 130

Order to Cash Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

DECEMBER 24, 2024

A key difference (besides volume of transactions) is the lack of labor specialization. Perhaps more than any other SMB function, Accounts Receivable (AR) Management gets put on a back burner because it is nobody’s prime responsibility. A lower investment in AR and improved cash flow.

Credit and Collections 130

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

Your Virtual Credit Manager

MARCH 11, 2025

Businesses have been digitizing ever since the introduction of accounting software in the 1960s. They combine document management, workflow, communications, payment mechanisms, and tracking in order to automate and digitize this vital juncture between vendors and customers. it just might help them collect faster and pay you sooner.

Days Sales Outstanding 130

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

Emagia

FEBRUARY 9, 2025

In today’s fast-paced business environment, automating accounts receivable (AR), accounts payable (AP), and treasury transaction entries is essential for enhancing financial efficiency and accuracy. Treasury Transaction Automation : Managing cash, investments, and financial risk through automated systems.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Transactions Small Businesses 52

Emagia

JANUARY 31, 2025

Invoice matching is a critical aspect of accounts receivable (AR) management, helping businesses ensure the accuracy of their financial transactions. This is the simplest form of matching and is commonly used for straightforward transactions.

Average Days Delinquent 40

Average Days Delinquent DSO Accounts Receivable (AR) Days Sales Outstanding 40

Emagia

FEBRUARY 3, 2025

Managing accounts receivable (AR) is a critical part of maintaining a companys cash flow, but one of the most significant hurdles in AR management is handling disputes. Resources are diverted toward resolving the dispute instead of focusing on other tasks. Impact: AR teams are overwhelmed with administrative tasks.

DSO 40

DSO Accounts Receivable (AR) Days Sales Outstanding Transactions 40

Emagia

DECEMBER 30, 2024

Accounts receivable (AR) is a critical component of a company’s financial health, representing the outstanding invoices or money owed by customers for goods or services delivered but not yet paid for. Efficient management of accounts receivable ensures steady cash flow and minimizes the risk of bad debts.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Bad Debt 40