Gaviti

NOVEMBER 21, 2024

Automating cash applications also boosts cash flow by reducing errors, allowing customers to receive payment confirmations faster. Reach out to customers as soon as an invoice is late, send reminders well in advance, and automate cash application and ERP integration for seamless A/R management.

Automated Cash Application 98

Automated Cash Application Credit and Collections Cash Applicator Deductions 98

Gaviti

FEBRUARY 4, 2025

Harnessing internal data empowers your team to make informed decisions that improve efficiency and drive faster collections. Consistency in credit processes reduces bad debt and fosters healthier customer relationships. Automating cash application ensures: Faster reconciliation by automatically matching payments to invoices.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics Accounts Receivable (AR) 59

Emagia

JANUARY 2, 2025

It represents a crucial part of a companys cash flow management. Efficient AR management ensures that payments are collected on time, improving the companys liquidity and reducing the risk of bad debts. For example, AI can flag high-risk accounts, giving the AR team the information they need to prioritize collections.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application 40

Gaviti

APRIL 11, 2024

How much cash is the company gaining or losing? How much bad debt does the company have, and how has this changed over time? Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect. What are the average days sales outstanding?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Emagia

FEBRUARY 20, 2025

Credit Management Automation Implementing automated credit management allows businesses to assess customer creditworthiness efficiently. By utilizing real-time data and analytics, companies can make informed decisions about extending credit, thereby minimizing the risk of bad debts.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

Gaviti

OCTOBER 13, 2024

If your business could proactively identify the risk of potential customers before taking them on as new customers and avoid bad debt, wouldn’t you want to do that? These include: Automate cash application and remittance. It can also more effectively predict the risk of newer customers. More accurate reporting.

Credit and Collections 59

Credit and Collections Automated Cash Application Bad Debt Invoice Amount 59

Serrala

MARCH 14, 2024

Helping you to put an end to bad debt and write-offs, eliminate errors, and provide you and your customers with the transparency and experience that helps reduce churn and improve your position. Read more access invoice and payment information from the same solution, on any device, at any time.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52