Gaviti

JANUARY 7, 2025

Sending a late payment reminder encourages prompt payment of unpaid invoices, reducing the number of delinquent accounts and minimizes the risk of write-offs and bad debt. Minimize outstanding balance and improve cash flow. Manage customer risk.

Past Due Invoices 105

Past Due Invoices Invoice Amount Payment Portals Credit and Collections 105

Emagia

DECEMBER 3, 2024

Autonomous Finance Capabilities: Enables intelligent self-driving end-to-end processes for accounts receivable operations including credit management, billing, invoicing, collections, deductions, cash application, cash flow forecasting and treasury management. Key Features and Benefits for CFOs 1.

DSO 52

DSO Credit and Collections Bad Debt Payment Portals 52

Gaviti

APRIL 11, 2024

How much bad debt does the company have, and how has this changed over time? Are there invoice processing delays? This measures how quickly customers pay their invoices. Consider these additional KPIs: Bad debt ratio: This measures the monetary value of receivables you believe you cannot collect.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Emagia

JANUARY 2, 2025

The traditional methods of handling AR, including manual invoicing, collections, and payment tracking, often lead to delays, errors, and increased operational costs. Efficient AR management ensures that payments are collected on time, improving the companys liquidity and reducing the risk of bad debts.

Accounts Receivable (AR) 40

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

Emagia

MARCH 3, 2025

Financial Stability : Reducing outstanding receivables minimizes bad debts and improves financial health. Technological Advancements in the Accounts Receivable Process Cycle Automation and AI AI-powered tools help automate invoicing , collections , and cash applications , reducing human intervention and errors.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Gaviti

JULY 24, 2024

Efficient invoice processing is critical to keeping your cash flow healthy. Invoice Collection: When the accounting department receives the invoice, the accounts payable team confirms whether it ordered and received the product or service. The team then compares the invoice bill to the purchase order.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98

Gaviti

OCTOBER 30, 2023

Automating manual tasks such as A/R invoice collections and account reconciliation eliminates these tasks that are prone to human error. As a result, businesses can increase productivity in their A/R collections teams without hiring additional staff. Benefits of autonomous finance include: Greater efficiency and productivity.

Days Sales Outstanding 76

Days Sales Outstanding Invoice Collections Credit and Collections DSO 76