Your Virtual Credit Manager

JANUARY 3, 2023

Share How to Clean Up Your AR Ledger Launch a collection program to collect all past due invoices at least 15 days late. Clear from your AR ledger as many of the clutter transactions as possible. Electronic Invoice Presentment and Payment (EIPP) provides considerable cost savings by reducing the number of mailed invoices.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

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. Since they are abusing your credit terms, why not require them to pay with a credit card when they place an order?

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

JUNE 19, 2023

Invoices serve as a record of transactions between businesses and clients. Traditionally, invoicing has printing and mailing physical invoices, but those are very costly. An invoice details the terms of the payment, the deadline for making payments, and the means of payment that are accepted. What is an Invoice Used For?

AR Automation 52

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

Serrala

MARCH 14, 2024

With our AI-powered cash application, AP automation, collections and disputes, and Bill Pay solutions, your company can achieve high AR automation, collections, and payment matching rates of up to 99%. Your teams can securely review transaction information and perform needed actions on the spot.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52

Serrala

MARCH 14, 2024

With our AI-powered cash application, collections and disputes, credit risk management, and Bill Pay solutions, your company can achieve high AR automation and payment matching rates of up to 99%. Your teams can securely review transaction information and perform needed actions on the spot.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk AR Automation 52