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

Emagia

MARCH 3, 2025

Detailed Steps in the Accounts Receivable Process Cycle Step 1: Establishing Credit Policies Define the eligibility criteria, credit limits , and payment terms based on customer risk assessment. Step 2: Evaluating Customer Creditworthiness Conduct background checks and analyze financial statements before approving credit applications.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Gaviti

JULY 11, 2024

Advanced A/R automation software, such as Gaviti, enables you to measure A/R team performance as well as the performance of individual team members. When customers make payments using an automated A/R solutions customer payment portal, it also matches customer payment with the corresponding invoice with increased accuracy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

The Corcentric Blog

MAY 22, 2023

In order to move to the next level of AR automation, businesses should consider leveraging artificial intelligence and machine learning. AI and machine learning also help to identify errors, such as duplicate invoicing, miscalculations, and missing credit applications.

Order to Cash 40

Order to Cash AR Automation Credit and Collections Credit Application 40