Your Virtual Credit Manager

FEBRUARY 25, 2025

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. At some point, collection software and other AR automation tools will make sense.

Bad Debt 130

Bad Debt Credit and Collections DSO Debt Collections 130

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

Emagia

AUGUST 19, 2024

Generative AI (GenAI), a more recent evolution in artificial intelligence, is poised to redefine the Finance and Accounting (F&A) landscape, particularly in areas like Order-to-Cash (OTC) and accounts receivable (AR) management. Specifically, the AR automation sector is anticipated to expand from $3.41 billion in 2022 to $9.59

Cash Applicator 52

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

Emagia

JUNE 19, 2023

Making Documents for Compliance Needs Businesses present invoices as official documentation to comply with tax regulatory requirements. How AR Automation Changes the Invoicing Process Sending invoices through mail requires time and money. 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

By adopting emerging technologies like AI, ML, and Automation, such time-consuming and mundane tasks can be automated. Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52

Your Virtual Credit Manager

MARCH 11, 2025

Before the turn of the century, the answer would have been collection automation or remittance processing software because they provided the greatest return on investment. For an overview of the different types of O2C automation solutions and why they work, check out The Dynamics Behind AR Automation.

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. But how does A/R automation software align with the accounting matching principle and help support businesses that want to do their bookkeeping this way? Address any discrepancies promptly to maintain accuracy.

AR Automation 52

AR Automation Revenue Recognition DSO Credit and Collections 52