Gaviti

JULY 11, 2024

Automate the matching of invoices to payments, eliminating human error involved with manual matching and accelerating the bank reconciliation process. When customers make payments using an automated A/R solutions customer payment portal, it also matches customer payment with the corresponding invoice with increased accuracy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

FEBRUARY 20, 2023

But if the amount is not applied to an invoice or deducted from their total outstanding balance, this can lead to a negative account balance in your books. Premature Debt Write-Offs Your accountant might record a payment as a write-off if they believe the customer will not be able to pay off the debt.

Credit and Collections 52

Credit and Collections Bad Debt Deductions Payment Portals 52

Gaviti

NOVEMBER 27, 2023

Applying both of these tactics to your dispute resolution strategy will improve your cash flow and significantly reduce bad debt. It also enables you to easily filter and view invoices according to each customer, number of disputes, or as an aggregated view of all invoices and manage their payment within the payment portal.

Invoice Disputes 52

Invoice Disputes Deductions Credit and Collections Invoice to Cash 52