Remove Bad Debt Remove Cash Applicator Remove Invoice Amount
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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. The second is knowledge of your Order-to-Cash process.

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How AI Can Mitigate B2B Collections Risks

Gaviti

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. Personalized dunning emails. Optimize the dispute flow.