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.

AR Automation 130

AR Automation DSO Collector Accounts Receivable (AR) 130

Your Virtual Credit Manager

FEBRUARY 25, 2025

To continue reading and learn how to manage high- and low-risk customers who chronically pay late, you must be a paid subscriber. Your Virtual Credit Manager is a reader-supported publication. Learn More About Credit Reports Please share this newsletter with your small business customers.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

Emagia

FEBRUARY 20, 2025

Automating accounts receivable (AR) is a strategic move for businesses aiming to enhance cash flow, reduce manual workloads, and improve overall financial efficiency. Introduction to Accounts Receivable Automation What is Accounts Receivable Automation?

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AR Automation Credit and Collections Cash Applicator DSO 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. For a more in depth discussion of systematic collections, click here.

Credit and Collections 130

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

Lockstep

JUNE 15, 2022

For B2B businesses, credit management is essential for accounts receivable (AR) management success. Proper, healthy credit management allows for steady cash flow, better collections management and a manageable days sales outstanding (DSO). .

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AR Automation Bad Debt DSO Accounts Receivable (AR) 91

Emagia

FEBRUARY 5, 2023

Key Challenges in AR (Accounts Receivable) Process An efficient and useful accounts receivable automation software must address the following challenges in OTC/AR processes, to achieve the desired cash flow and profitability results. Time savings is another key gain from automating repetitive and time-consuming tasks.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

JULY 11, 2024

Benefits of Accounts Receivable Automation Software Whether your goal is to automate the collections process with accounts receivable automation software or scale it as your company grows,you’ll want to look for a solution that offers the most benefits for your business. Gaining better visibility into the A/R process.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52