Gaviti

MARCH 6, 2023

Cash application solutions are an integral part of financial operations. They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. What Is a Cash Application? A cash application is a type of software that helps businesses manage money.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Gaviti

APRIL 11, 2024

How much cash is the company gaining or losing? How much bad debt does the company have, and how has this changed over time? Are there invoice processing delays? This measures how quickly customers pay their invoices. Collection effectiveness index: This measures how well you collect payments from customers.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 24, 2024

Efficient invoice processing is critical to keeping your cash flow healthy. Invoice Collection: When the accounting department receives the invoice, the accounts payable team confirms whether it ordered and received the product or service. The team then compares the invoice bill to the purchase order.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals DSO 98

Gaviti

OCTOBER 30, 2023

Automating manual tasks such as A/R invoice collections and account reconciliation eliminates these tasks that are prone to human error. As a result, businesses can increase productivity in their A/R collections teams without hiring additional staff. Benefits of autonomous finance include: Greater efficiency and productivity.

Days Sales Outstanding 75

Days Sales Outstanding Invoice Collections Credit and Collections DSO 75

Emagia

FEBRUARY 5, 2023

Automation of accounts receivable is the process of automating various manual tasks involved AR process like invoicing, collecting, and tracking receivable to ensure timely collection. Automated AR software can bring in efficiency and speed to invoicing, collection, payment matching and cash application.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

APRIL 24, 2024

The Dunning Notice: The Foundation of any Dunning Workflow A dunning notice , or dunning letter, is a document sent to customers at various stages in the dunning process to collect unpaid invoices. As companies scale and the number of invoices grows, however, many turn to an automated dunning process.

DSO 52

DSO Credit and Collections Bad Debt Days Sales Outstanding 52