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.
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.
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The Corcentric Blog
JUNE 27, 2023
The significant reduction in invoice processing costs has driven AP automation uptake faster than AR automation initially, but automation solutions for AR are now fast becoming a must-have for many more reasons than just efficiency gains. Another challenge of in-house AR automation is the cost.
billtrust
DECEMBER 20, 2022
Accelerate digital payments by leveling up your AR automation. Automation brings B2B opportunities for B2B transactions. Automated AP comes with challenges for AR teams. AR teams must feed invoices to these AP portals and often manually key them in. Automating invoice delivery. Accelerate payments.
Lockstep
JUNE 1, 2022
Using technology to gain efficiencies in accounts receivable is a great way to leverage your own cash over borrowing from banks when the credit lines are tightening, and interest rates are increasing. Enter AR Automation. With automation, teams don’t have to write the same email or letter to customers.
Lockstep
NOVEMBER 16, 2022
Combined with email automation, templates automating the collections process save you time and help to ensure that your customer communications are consistent. AR automation software, like Lockstep Receivables, comes with a library of best-in-class templates that can easily be adapted to match your specific requirements. .
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.
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