Your Virtual Credit Manager

JUNE 11, 2024

My first exposure to the power of accounts receivable (AR) automation came in 1990 when I was credit manager at ERICO Fasteners, a mid-market, specialty metals manufacturer. The first month after we automated a few basic features to supplement our accounting package, we realized an increase in cash flow of 30 percent.

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AR Automation DSO Collector Accounts Receivable (AR) 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.

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Your Virtual Credit Manager

FEBRUARY 25, 2025

Additional Work versus Automation or Outsourcing As the number of at-risk customers increases, so does the work required to keep them under control and protect your cash flow. At some point, collection software and other AR automation tools will make sense. Your time spent on collections will multiply as well.

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Your Virtual Credit Manager

JANUARY 30, 2024

The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Previously, decisions were largely left to the discretion of individual collectors, resulting in subjective and inconsistent approaches. Bottom 40 percent: Customers contributing only about 5 percent of revenue.

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

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. AR teams must feed invoices to these AP portals and often manually key them in. Automating invoice delivery. Accelerate payments.

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The Esker Blog

JANUARY 10, 2023

With collections, this could look like manually sorting and filtering through AR aging reports or searching for follow-ups in Outlook calendars and even sticky notes. Suspend your usual activity and prioritize activities according to your business’s needs. Target the highest amounts to be collected and at-risk customers.

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AR Aging Accounts Receivable (AR) Credit and Collections Past Due Invoices 95

billtrust

JANUARY 11, 2023

We were named overall leader in the G2 Grid® Report for Accounts Receivable Automation Software for Winter 2022. G2 Grid® for Accounts Receivable Automation Software. Billtrust is the original innovator in the AR automation space. You might not know this, but we’ve been actively developing this field for over 20 years.

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