Your Virtual Credit Manager

MARCH 4, 2025

We often talk about the importance of having an efficient and effective collection process and how, from a process improvement perspective, collections automation provides substantial benefits. Bad debt losses were understandably huge. Another factor in your credit policy is your production capacity.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Gaviti

APRIL 11, 2024

How much bad debt does the company have, and how has this changed over time? Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect. 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

Your Virtual Credit Manager

JANUARY 3, 2023

The first month after GetPaid was implemented, July 1994, the client collected $7 million dollars more than anticipated. This included a 100 percent increase in past due collected. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Emagia

FEBRUARY 22, 2025

How Emagia Revolutionizes Collections Management Emagia stands at the forefront of AI-powered collections automation, offering a suite of tools designed to transform traditional accounts receivable processes. Can AI agents help in reducing bad debt? How do AI-driven dunning emails work?

Bad Debt 40

Bad Debt High-Risk Accounts Transactions Collections Automation 40

Gaviti

OCTOBER 13, 2024

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? Predictive AI capabilities in many modern B2B collections software now let businesses do exactly this while solving many other challenges in the B2B collections process.

Credit and Collections 59

Credit and Collections Automated Cash Application Bad Debt Invoice Amount 59

MNS Credit Management Group

MAY 28, 2022

Digital debt collection improves efficiency and collection technology trend rates even in remote places while lowering recovery costs and reducing delinquencies. What is the Operating system for Debt Collection? A smart outbound system can increase debt recovery up to three or four times.

Debt Collections 52

Debt Collections Collector Credit and Collections Bad Debt 52

Waystar

JANUARY 16, 2025

Unfortunately, patient collection rates have decreased to 48% in recent years , increasing bad debt for providers and negatively impacting cash flow, revenue, and patient relationships. Ineligible patient coverage is a leading cause of payer claim rejections and denials.

Bad Debt 52

Bad Debt Collections Automation Dashboards 52