Gaviti

NOVEMBER 21, 2024

A proactive A/R approach includes linking financial data with other enterprise resource planning (ERP) data, so businesses can avoid manual tracking and gather the necessary data to accelerate payments. Automating cash applications also boosts cash flow by reducing errors, allowing customers to receive payment confirmations faster.

Automated Cash Application 52

Automated Cash Application Credit and Collections Cash Applicator Deductions 52

Gaviti

APRIL 11, 2024

Are you offering discounts for early payment? 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.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JUNE 10, 2024

Intelligent routing may also include payment redirection for alternative options in the event of operational disruption or downtime. Help automate the A/R process. For example, it can automate payment reconciliation, payment workflows, A/R collections, reminders and confirmation. Cash Application.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52