Your Virtual Credit Manager

DECEMBER 31, 2024

While emails are often used, phone calls can be more effective, especially for high-risk accounts. Several prevalent fraud scenarios target the order-to-cash process, including: Email Compromise : Fraudsters hack emails to redirect payments or create fake orders.

Collector 130

Collector Credit and Collections Bad Debt High-Risk Accounts 130

Your Virtual Credit Manager

JANUARY 17, 2023

By aligning sales with the goal of your order-to-cash process — to be paid in full — you eliminate many of the problems that would otherwise be handled by the collections staff. it just might help them pay you sooner!

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Late or inconsistent follow-up on overdue accounts leads to longer payment cycles and increased bad debt write-offs.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Emagia

JANUARY 2, 2025

It represents a crucial part of a companys cash flow management. Efficient AR management ensures that payments are collected on time, improving the companys liquidity and reducing the risk of bad debts. For example, AI can flag high-risk accounts, giving the AR team the information they need to prioritize collections.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application 40