Remove Bad Debt Remove Invoice Collections Remove Payment Portals
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How to Write Effective Past Due Invoice Emails: Templates and Best Practices

Gaviti

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. Offer flexible payment methods and plans. partial payments) available to them. Manage customer risk.

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How CFOs Can Benefit from Emagia Autonomous Finance Platform for Accounts Receivable Automation

Emagia

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.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

Are you offering discounts for early payment? 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. Collection effectiveness index: This measures how well you collect payments from customers.

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Top 7 Invoice Processing Best Practices for Your Business

Gaviti

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.