Your Virtual Credit Manager

FEBRUARY 25, 2025

This creates cash flow shortages, an increased risk of bad debt, and a significant work requirement to mitigate the impact of late payments. The Impact of Bad Debts The problem with larger customers who chronically pay late is the increased probability of a bad debt loss, which is costly.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

Your Virtual Credit Manager

JANUARY 3, 2023

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. The first month after we automated a few basic tasks to supplement our accounting package, we realized an increase in collections of 30 percent.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 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?

DSO 40

DSO Days Sales Outstanding 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

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. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52