Remove AR Automation Remove Credit Risk Remove Days Sales Outstanding
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Tackling Customers that Always Pay Late

Your Virtual Credit Manager

To better deal with these customers, it is helpful to segregate them into three groups: Those who are financially strong (low credit risk) and are trying to increase their cash position through late payments. It is, therefore, incumbent that you minimize bad debt losses without overly restricting sales.

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It's Time for a Layered Approach to Collections

Your Virtual Credit Manager

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. However, that doesn’t exclude an opportunity to do even better.

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Creating a Credit Plan

Lockstep

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). . External and Supporting Data .

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Top Accounts Receivable Challenges for 2023: Be prepared

Gaviti

Digitalizing manual AR processes can be the single biggest improvement an AR team makes to its workflow, though care must be taken to make changes carefully and deliberately, lest the transformative nature of automation disrupts more processes than was originally intended.

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AR Automation: Revolutionizing Accounts Receivable Management

Emagia

In today’s fast-paced business environment, efficient management of accounts receivable (AR) is crucial for maintaining healthy cash flow and ensuring organizational profitability. AR automation emerges as a transformative solution, streamlining financial transactions between companies and their customers.

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Customer 360-Degree View: How Emagia’s AI-Powered Platform Benefits CFOs and AR Teams

Emagia

For CFOs and AR teams, this comprehensive view is a game-changer in managing accounts receivable, improving collections, and optimizing cash flow. In this blog, we will explore how a Customer 360-Degree View can transform your AR process and how Emagias AI-powered AR Automation Platform helps unlock the full potential of this strategy.