Your Virtual Credit Manager

FEBRUARY 25, 2025

Chronic Late Payers There is also likely a substantial segment of your customers (often 20 percent or more) who will regularly pay significantly beyond the terms of sale. This creates cash flow shortages, an increased risk of bad debt, and a significant work requirement to mitigate the impact of late payments.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

Lockstep

JUNE 15, 2022

For B2B businesses, credit management is essential for accounts receivable (AR) management success. Proper, healthy credit management allows for steady cash flow, better collections management and a manageable days sales outstanding (DSO). . The credit plan will help your organization reduce bad debt and write-offs.

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. Introduction to Accounts Receivable Automation What is Accounts Receivable Automation?

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

Emagia

MARCH 3, 2025

Customer Relationship Management : A structured AR process helps maintain transparency and fosters trust between businesses and customers. Financial Stability : Reducing outstanding receivables minimizes bad debts and improves financial health. How does automation benefit the accounts receivable process?

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

FEBRUARY 20, 2025

Benefits of Using Accounts Receivable Software Faster Payments Automates follow-ups and payment reminders, reducing payment delays. Lower DSO (Days Sales Outstanding) Ensures quicker collections and better liquidity. Reduced Bad Debt Helps identify at-risk accounts early and take preventive measures.

AR Automation 40

AR Automation Bad Debt DSO Days Sales Outstanding 40

Emagia

FEBRUARY 5, 2023

These days, with various data points related to your customers available in the public domain and technologies available to collect and analyze them in the way it is required, the credit authorization process is mostly driven by data and analytics provided by AR automation tools.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. This can be especially helpful in maximizing cash inflows and minimizing bad debt.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52