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

Emagia

MARCH 3, 2025

The Accounts Receivable (AR) Process Cycle is a fundamental component of a company’s financial operations, encompassing the series of actions taken to manage and collect payments owed by customers for goods or services provided on credit. A structured dispute resolution process minimizes delays in payment collection.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

The Esker Blog

JANUARY 10, 2023

In the wake of the pandemic, CFOs found themselves with a new batch of supply chain and finance challenges — ones that have made it increasingly difficult to manage processes, collect cash and reach your accounts receivable goals. Historically, the processes within collections, cash application and credit management are highly manual.

AR Aging 95

AR Aging Accounts Receivable (AR) Credit and Collections AR Automation 95

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

Emagia

FEBRUARY 5, 2023

Automation of accounts receivable is the process of automating various manual tasks involved AR process like invoicing, collecting, and tracking receivable to ensure timely collection. Credit Management The starting point in the AR process is credit check, though that is part of broader OTC process.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Emagia

JUNE 19, 2023

An invoice is a document that provides information of products and services provided to a client. Traditionally, invoicing has printing and mailing physical invoices, but those are very costly. E-invoicing and automation platforms make it much easier and offer cost-effective ways to manage invoicing. What is an Invoice?

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Days Sales Outstanding 52

Emagia

AUGUST 19, 2024

Elevating Cash Application with GenAI: A Strategic Advantage The demand for automated business solutions is on a steep upward trajectory, with the market expected to grow at a 13.8% Specifically, the AR automation sector is anticipated to expand from $3.41 compound annual growth rate (CAGR). billion in 2022 to $9.59

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 52

Emagia

NOVEMBER 2, 2023

Beyond ChatGPT: Understanding the Trends of Evolving Generative AI For Finance Beyond ChatGPT: Unlocking the Power of GenAI in Billing Beyond ChatGPT: Unlocking the Power of GenAI in Receivables Collection Generative Artificial Intelligence (GenAI) is generating significant buzz in today’s business landscape.

Cash Applicator 52

Cash Applicator Accounts Receivable (AR) AR Automation Order to Cash 52

Emagia

JULY 3, 2023

Cash Application Automation for True Straight-Through Processing It takes a lot of human effort for your internal accounts receivable (AR) personnel to manually match payments to customers’ accounts. Consider using cash application software and AR automation to simplify this procedure and reduce manual labor.

Automated Cash Application 52

Automated Cash Application Cash Applicator Days Sales Outstanding AR Automation 52

Due

SEPTEMBER 14, 2023

Also, are you going to pass it to an heir? Are you going to give your employees the option to buy you out? There are tons of options here, but you need to make a decision and formally document your plans to ensure a smooth transition. These are some of the best strategies: 1. Utilize accounting automation software.

Credit and Collections 59

Credit and Collections AR Automation Brokerages Transactions 59

billtrust

OCTOBER 5, 2022

Failed collections attempts: Sometimes, despite your best efforts, customers won’t pay their invoices. If this happens, don’t hesitate to contact a professional collection agency. Not taking advantage of technology: There are plenty of excellent accounting software programs out there that can make life easier.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Credit and Collections AR Automation Credit Card Companies 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