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? Frequently Asked Questions What is accounts receivable automation?

AR Automation 40

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

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). . AR automation can make a world of difference in your credit plan activation.

AR Automation 91

AR Automation Bad Debt DSO Accounts Receivable (AR) 91

Emagia

MARCH 3, 2025

Inefficient Processes Leverage AR automation tools to reduce manual errors and processing time. High Days Sales Outstanding (DSO) Regularly analyze DSO metrics and adjust credit policies accordingly. How does automation benefit the accounts receivable process? Establish a quick dispute resolution process.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

FEBRUARY 20, 2025

Benefits of Using Accounts Receivable Software Faster Payments Automates follow-ups and payment reminders, reducing payment delays. Lower DSO (Days Sales Outstanding) Ensures quicker collections and better liquidity. Scalability The software should be able to grow with your business.

AR Automation 40

AR Automation Bad Debt DSO Days Sales Outstanding 40

Lockstep

JULY 20, 2022

With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). Automation and Payment Connectors . Payments made via check, echeck, EFT, and ACH can all be automated with the use of a payment connector and AR automation.

Electronic Funds Transfer 87

Electronic Funds Transfer DSO Days Sales Outstanding AR Automation 87

Emagia

FEBRUARY 5, 2023

These days, with various data points related to your customers available in the public domain and technologies available to collect and analyze them in the way it is required, the credit authorization process is mostly driven by data and analytics provided by AR automation tools.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

SEPTEMBER 19, 2022

Monitoring AR metrics like days sales outstanding ( DSO ) is one of the best places to start. Without the right data at hand, CFOs and finance leaders are missing out on a gold mine of opportunity. The post Improving Your Dunning Strategy and Recovery Rate appeared first on Gaviti.

AR Automation 52

AR Automation AR Metrics DSO Accounts Receivable (AR) 52

Gaviti

FEBRUARY 6, 2023

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.

AR Automation 52

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 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

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

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Gaining better visibility into the A/R process. Having a proactive collections strategy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Emagia

JUNE 19, 2023

How AR Automation Changes the Invoicing Process Sending invoices through mail requires time and money. Even if delivery is not automated, sending invoices as PDFs may not be sufficient enough to address all issues with invoicing. In turn, it facilitates efficient payments and reduces days sales outstanding (DSO).

AR Automation 52

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

Emagia

JANUARY 22, 2023

CFOs and finance leads must review the day-to-day activities throughout the finance and accounting to understand what can, or should, be automated so that the appropriate tools can be implemented. Automation helps the bottom line and cash flow: Let us take an example of how AR automation can help the company in multiple ways.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52

Serrala

OCTOBER 31, 2022

You will still need to stay on top of late payments, but your new end-to-end AR automation solution will up your cash application game. Automating easily across the entire scope of your cash flow process will help mitigate any security concerns, but also enable you to sidestep potential skills shortages. Compliance and Security.

Cash Applicator 52

Cash Applicator DSO Days Sales Outstanding AR Automation 52

Emagia

DECEMBER 30, 2024

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.

AR Automation 40

AR Automation Accounts Receivable (AR) Days Sales Outstanding Credit and Collections 40

Your Virtual Credit Manager

MARCH 11, 2025

For an overview of the different types of O2C automation solutions and why they work, check out The Dynamics Behind AR Automation. Below are the key advantages: 1. Below are the key advantages: 1. In large part, this is because EIPP addresses the all-important intersection of billing and collections.

Days Sales Outstanding 130

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

Gaviti

JANUARY 20, 2025

In the modern accounting landscape, integrating this principle with automation tools is increasingly essential. Implement End-to-End Automation Invest in an AR automation solution that integrates seamlessly with your accounting software. Thats why our AR automation platform is designed to make compliance effortless.

AR Automation 52

AR Automation Revenue Recognition DSO Credit and Collections 52

Emagia

FEBRUARY 5, 2025

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.

AR Automation 40

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 40