Gaviti

NOVEMBER 18, 2024

Invoices can be paid 24/7 through a self-service payment portal. Payments are reconciled automatically, your ERP is updated with the new payment data, and the customer receives payment confirmation within a few minutes. The longer an invoice goes unpaid, the lower the chances of recovering that debt.

Bad Debt 98

Bad Debt Bad Debt to Sales Invoice to Cash Credit and Collections 98

Gaviti

NOVEMBER 21, 2024

Ensuring all necessary forms and data are included at the start helps streamline the payment process. Advanced A/R tools often provide a customer payment portal that centralizes necessary payment details, making it easier for customers to complete payments on time. Customer invoice distribution. Get a demo today!

Automated Cash Application 98

Automated Cash Application Credit and Collections Cash Applicator Deductions 98

Emagia

DECEMBER 3, 2024

Real-Time Insights and Analytics: Provides real-time dashboards and predictive analytics for cash flow, DSO, customer payment behavior, and credit risk. Improved Working Capital Efficiency: Accelerates cash conversion efficiency, optimizes cash flow management by accelerating cash applications , collections and reducing payment delays.

DSO 52

DSO Credit and Collections Bad Debt Payment Portals 52

Gaviti

FEBRUARY 4, 2025

Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Many traditional KPIs, like DSO, are not always a good indicator of collection success. Consistency in credit processes reduces bad debt and fosters healthier customer relationships.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics DSO 59

Gaviti

NOVEMBER 24, 2024

That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. Consider tracking A/R performance metrics that include best possible DSO , average days delinquent (ADD), collective effectiveness Index (CEI), and accounts receivable turnover ratio (ART).

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

Are you offering discounts for early payment? How much bad debt does the company have, and how has this changed over time? The most common is DSO. Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect. Others might like to pay online.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 24, 2024

Automate the distribution of invoices to customers through multiple channels, increasing the likelihood of prompt payment. Gain a holistic view of your A/R and collections status, including critical metrics such as DSO, total A/R, collections rate, and others that impact your cash flow. Customer Self-Service Portal.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals DSO 98