Remove AR Automation Remove Collections Automation Remove Credit and Collections
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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

What’s Involved in “Cleaning” an AR Portfolio In a perfect world, your AR Ledger would contain only whole, current invoices; or at least nothing seriously past due. Over time, AR Ledgers unfortunately tend to collect “Clutter.” Please share this newsletter with your small business customers.

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Best Accounts Receivable (AR) Automation Software Vendor

Emagia

To address these challenges, many companies are turning to accounts receivable automation software. These solutions streamline invoicing, payment collection, and reconciliation processes, reducing manual efforts and improving overall efficiency.

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

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. it just might help them pay you sooner!

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Three More Ways to Reduce Your Outstanding Accounts Receivable

Lockstep

Still, there are some fundamental and easily-deployed tactics that are sometimes forgotten in the rigmarole of daily activities – tactics and concepts that every credit department can use to reduce outstanding receivables. . Earlier this year, we covered three ways you can reduce your outstanding AR.

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Rising Interest Rates’ Impact on Accounts Receivable

Lockstep

Using technology to gain efficiencies in accounts receivable is a great way to leverage your own cash over borrowing from banks when the credit lines are tightening, and interest rates are increasing. Enter AR Automation. With automation, teams don’t have to write the same email or letter to customers.

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Three Ways to Reduce Your Outstanding Accounts Receivable

Lockstep

Still, there are some fundamental and easily-deployed tactics that are sometimes forgotten in the rigmarole of daily activities – tactics and concepts that every credit department can use to reduce outstanding receivables. . There are other methods to providing information to customers and credit professionals.

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The Case for Electronic Invoice Presentment and Payment

Your Virtual Credit Manager

From an accounts receivable (AR) perspective, digitization began accelerating in the late eighties with the introduction of tools that could help with financial analysis followed by collection, deduction management, and remittance processing software in the nineties. credit cards, ACH transfers).