SAP Credit Management

AUGUST 15, 2023

I know there are many articles, blogs, and videos on this topic and you probably would think what else this article is going to offer? It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. This is probably the first thing you learn when you start with SAP SD Module.

Revenue Recognition 111

Revenue Recognition Default Order to Cash Credit Management 111

Your Virtual Credit Manager

MARCH 12, 2024

It’s critical you identify inefficiencies by analyzing cash conversion cycles, accounts receivable cycles, credit risk profiles, and payment histories. That may seem like a lot, and it is, but the WSJ article recommends focusing on three main areas in order to implement change in longstanding processes.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

SAP Credit Management

DECEMBER 29, 2022

The first templates for Order to Cash, Procure to Pay or Record to Report are already released in preview and will be extended with more templates in 2023. [ #118 – The one with the New SAP Connector for Power Platform (Jon Gilman) | SAP on Azure Podcast ]. I could have gone on and on with topics that we worked on in 2022.

Order to Cash 234

Order to Cash 234

Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager (YVCM) previously published an article discussing the pros and cons of Prompt Payment Discounts. Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Your Virtual Credit Manager

MAY 28, 2024

Imagine that the order-to-cash (O2C) process is a parade. Leading the charge is the sales and customer service teams that bring in the orders. If that’s the case, you need to review your O2C process to identify the obstructions in your cash conversion cycle. That’s where most of the hoopla occurs.

Accounts Receivable (AR) 100

Accounts Receivable (AR) Past Due Invoices Credit and Collections Collector 100

Your Virtual Credit Manager

SEPTEMBER 12, 2023

Starting in October, free subscribers will only receive the introductory section of our weekly articles. Plus, you get full access to our growing archive of over 100 articles! Offer ends 9/30/23. Subscribe now 2. Process Errors The same areas of the AR process come into play when it comes to generating errors.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

JANUARY 9, 2024

Two weeks ago we recapped the three most read articles from 2023: identifying red flags, understanding why customers pay late, and the secrets of successful collectors. Then last week we looked at credit hold best practices. From a credit management perspective, these are largely reactive topics. There is nothing wrong with that.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Gaviti

FEBRUARY 2, 2025

In this article, we attempt to explain the connection between the operating cycle and A/R, identifying bottlenecks, and implementing strategies to improve efficiency, you can achieve faster cash flow and enhanced financial performance. One of the most effective ways to achieve this is by optimizing your operating cycle.

DSO 52

DSO Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 52

Emagia

FEBRUARY 20, 2025

Accounts receivable software automates the invoicing and collections processes, enabling businesses to track outstanding invoices, manage customer payments, and optimize their cash flow cycles. Emagia provides an intelligent, end-to-end AR automation solution that helps businesses accelerate cash flow and improve working capital.

AR Automation 40

AR Automation Bad Debt DSO Days Sales Outstanding 40

Your Virtual Credit Manager

DECEMBER 19, 2023

For more about dealing with deductions, check out this article. Another way to increase invoice accuracy is to pay careful attention to the customer’s purchase order (PO). Many times, customers will place orders over the phone and then follow-up with a PO, which may contain differences with your standard terms and pricing.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

SAP Credit Management

JANUARY 17, 2023

The following diagram outlines the steps in the Order-to-Cash (Sell-from-Stock) business scenario. Create the sales order for example, for a new private customer – (block sales order for delivery). Business Scenario.

Retail Companies 137

Retail Companies Invoice Amount Order to Cash Transactions 137

SAP Credit Management

AUGUST 2, 2023

The SAP Application is supporting more than 25000+ users and 80+ different company codes, running a broad range of SAP S/4HANA core modules such as FI/CO, MM, SD, PP, Asset Management, and core processes such as record-to-report, order-to-cash and procure-to-pay.

Order to Cash 145

Order to Cash Transactions 145

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

The Esker Blog

MAY 9, 2023

When I was in 7 th grade, every Thursday was “current events” day, where we had to bring in a newspaper article to discuss with the class and pick out one quote and explain how it can relate to other parts of life. I don’t remember what the original article was about, but the quote has stuck with me for many years.

Credit and Collections 52

Credit and Collections Order to Cash 52

billtrust

NOVEMBER 14, 2022

In this article, we’ll give you everything you need to know to get your ERP upgrade done right. Let’s Connect Ready to improve your organization’s order-to-cash cycle? Billtrust is 100% committed to supporting our customers through our Professional Services Organization. Billtrust’s standardized integrations. Learn More.

AR Automation 52

AR Automation Order to Cash Accounts Receivable (AR) 52

Emagia

MAY 25, 2023

Businesses can gain valuable insights into their cash flow dynamics, working capital requirements, and financial health. If the CCC is declining, it is favorable because it shows that the business is converting its investments in inventory into cash efficiently. This can result in inefficiencies and a lengthier CCC.

DSO 52

DSO Days Sales Outstanding Brokerages Order to Cash 52

Emagia

APRIL 23, 2023

This article will discuss the various approaches for invoice capture along with their benefits and drawbacks. Shorten the Order to Cash (O2C) Cycle with Digital Invoicing & Payments. Effective invoice data capture can help firms save time and money, lessen errors and delays, and improve financial reporting and analysis.

Order to Cash 52

Order to Cash Transactions Small Businesses 52

Emagia

APRIL 30, 2023

In this article, we will examine the distinctions between temporary and permanent accounts, and their examples , give them some instances, and discuss how they affect financial reporting and analysis.

Credit and Collections 52

Credit and Collections Transactions Order to Cash 52

Your Virtual Credit Manager

DECEMBER 24, 2024

Editors Note: Normally, the rest of this article would be hidden behind a paywall for our paid subscribers’ exclusive access. As a Christmas gift to our free subscribers, we are making this entire article available to everbody. Collection Agencies: These outfits are better able to serve a small company.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130

Emagia

DECEMBER 30, 2024

How Emagia Enhances Accounts Receivable Processes Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platforms that modernize finance operations for midsize to large global businesses. Emagia’s solutions improve customers’ DSO, cash flow, credit risk, operational cost, compliance, and profitability.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Bad Debt 40

Emagia

JANUARY 20, 2025

Enter Invoice Automation Software, a cutting-edge solution that helps businesses eliminate manual invoicing tasks, reduce human errors, and improve cash flow management. By analyzing payment patterns and invoice data, businesses can predict future cash flow and plan accordingly.

Order to Cash 40

Order to Cash 40

Emagia

FEBRUARY 12, 2025

A crucial phrase youll encounter when dealing with checks is Pay to the Order of. This article dives deep into its meaning, usage, and everything you need to know to master the art of using checks effectively. What Does Pay to the Order of Mean? But what does it really mean, and why is it so important?

Transactions 40

Transactions Order to Cash 40

Emagia

FEBRUARY 14, 2025

In today’s fast-paced business environment, managing accounts receivable efficiently is crucial for maintaining healthy cash flow and ensuring financial stability. This article delves deep into the concept, benefits, components, implementation strategies, and the transformative impact of integrated receivables automation on businesses.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40