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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. Automatingcashapplications also boosts cash flow by reducing errors, allowing customers to receive payment confirmations faster.
Paymentportals are not just for large B2C businesses any longer, B2B businesses of any size can benefit. In the evolving world of B2B transactions, the importance of paymentportals has become undeniable. By automating these processes, businesses can accelerate cash flow and focus on growth.
Streamline CashApplication Across All Payment Sources Managing payments from multiple sourcessuch as bank transfers, checks, ACH , and credit cardscan be time-consuming. Automatingcashapplication ensures: Faster reconciliation by automatically matching payments to invoices.
Customers can also use it to view invoices, payment history and any customer credit requests. Get a demo today. For example, some might prefer to pay in person via credit or debit card. Want to learn more about how you can analyze your accounts receivable data with Gaviti?
Streamline Your A/R Processes Today Gaviti’s accounts receivable automation solution streamlines your cashapplication and other A/R processes and helps your team work better. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.
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