Remove Bad Debt Remove Cash Applicator Remove Past Due Invoices
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How to Write Effective Past Due Invoice Emails: Templates and Best Practices

Gaviti

In certain cases, youll also need to follow up with a past due invoice email. Why Past Due Invoice Emails Are Essential Financial issues, administrative error, and miscommunication of payment terms are the most common reasons businesses fail to pay invoices on time. Manage customer risk.

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It's Time to Give Your AR Ledger a Spring Cleaning

Your Virtual Credit Manager

Supporting profitable sales through the extension of credit Collecting as much of the AR generated as possible by or near the due date to ensure a substantial cash inflow Mitigating the risk of bad debt losses These tasks are best accomplished in a tidy environment. You should also eliminate any duplicate accounts.

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Are Cracks in Your Order-to-Cash Process Hurting Your Company?

Your Virtual Credit Manager

When collection efforts are not timely, prioritized, and comprehensive, customer payments lag and increase the probability bad debts will occur. Clearly, breakdowns in the O2C process extend the cash conversion cycle, multiply processing costs, and impact profitability.