Your Virtual Credit Manager

JANUARY 3, 2023

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.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Emagia

FEBRUARY 21, 2025

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.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Credit and Collections Cash Forecasting 40

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. it just might help them pay you sooner!

Credit and Collections 130

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

Lockstep

MAY 4, 2022

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.

AR Automation 83

AR Automation Accounts Receivable (AR) AR Aging Credit and Collections 83

Lockstep

JUNE 1, 2022

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.

AR Automation 78

AR Automation Accounts Receivable (AR) DSO Credit and Collections 78

Lockstep

APRIL 13, 2022

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.

Accounts Receivable (AR) 52

Accounts Receivable (AR) AR Automation AR Aging Credit and Collections 52

Your Virtual Credit Manager

MARCH 11, 2025

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).

Days Sales Outstanding 130

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