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Top Accounts Receivable Strategies for 2025

Gaviti

Benefit from fast and accurate cash application that requires also no human intervention. By incorporating AI into your A/R processes, you can improve cash flow predictability and significantly reduce manual efforts, allowing your team to focus on strategic initiatives.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

Some companies want to simply reduce the effort they spend on manual tasks to focus on high-impact tasks, while others may envision it as a way to help them achieve their specific cash application or credit needs. Establish proactive credit management policies.

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Accounts Receivable Automation Best Practices

Gaviti

A/R performance metrics that the software tracks should include best possible DSO, Collective Effectiveness Index (CEI), Average Days Delinquent (ADD), and Accounts Receivable Turnover Ratio (ART). Without automated data in real-time, its impossible to generate valuable reports on A/R performance.

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What to Look For When Purchasing an Accounts Receivable Software

Gaviti

Having accurate data on customer risk and the ability to apply it in real time allows companies to properly evaluate and manage customer risk and prioritize collections accordingly. 4) Understand Your Cash Application Needs One of the traditionally most tedious and error-prone tasks in A/R is the manual matching of invoices to payments.