Gaviti

JULY 11, 2024

If you’ve decided your business is ready to move to automating its A/R, you’ll want to find the best A/R automation software, also called invoice to cash software, that suits your needs. Integrated invoice-to-cash A/R management platforms also use data from one component of the A/R process for better insights and data in others.

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DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

APRIL 24, 2024

Regardless of the details of how you set up your dunning workflow, however, you’ll know it’s successful when DSO improves. 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.

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DSO Credit and Collections Bad Debt Days Sales Outstanding 52

Gaviti

MARCH 4, 2024

Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period. Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).” Or you can channel some of that cash for investment purposes. It raises profitability.

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DSO Credit and Collections Days Sales Outstanding Credit Sales 52

Gaviti

APRIL 18, 2024

This ensures your invoicing processes are aligned with their accounts payable. It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow.

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AR Aging Credit and Collections Bad Debt Allowance for Doubtful Accounts 52

Gaviti

NOVEMBER 27, 2023

The Benefits of an Effective Dispute Resolution Strategy By documenting your dispute resolution strategy and using an invoice-to-cash A/R platform, you can ensure that your strategy is both effective and that your entire A/R team is on the same page when it comes to dispute management. A more efficient use of time and resources.

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Invoice Disputes Deductions Credit and Collections Invoice to Cash 52

Gaviti

MARCH 6, 2023

This helps keep payments up-to-date so businesses can reduce their exposure to bad debt and late payments. They have already done the research on what creates friction-free processes to boost cash flow and have created user-friendly tech solutions that meets and exceeds those needs.

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Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Gaviti

JANUARY 20, 2025

Plus, if a receivable is unlikely to be collected, it should be reported as a bad debt expense in the same period as the related revenue and an A/R forcasting report can help with this. Make better credit decisions, lower DSO, and reconcile payments with near perfection. This helps align cash inflows with revenue recognition.

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AR Automation Revenue Recognition DSO Credit and Collections 52

Gaviti

MARCH 11, 2025

Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts. Gaviti Gaviti is an autonomous invoice-to-cash platform that enhances accounts receivable processes, with a Credit Management product as part of their suite.

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