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

JANUARY 7, 2025

Minimize outstanding balance and improve cash flow. 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. Manage customer risk.

Past Due Invoices 105

Past Due Invoices Invoice Amount Payment Portals Credit and Collections 105

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. Credit management and monitoring.

Automated Cash Application 98

Automated Cash Application Credit and Collections Cash Applicator Deductions 98

Gaviti

FEBRUARY 4, 2025

Consistency in credit processes reduces bad debt and fosters healthier customer relationships. Streamline Cash Application Across All Payment Sources Managing payments from multiple sourcessuch as bank transfers, checks, ACH , and credit cardscan be time-consuming.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics Accounts Receivable (AR) 59

Gaviti

NOVEMBER 24, 2024

Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments. Make it easy for customers to pay invoices. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself.

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 cash is the company gaining or losing? 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. What are the average days sales outstanding?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 24, 2024

How Gaviti Facilitates Efficient Invoicing Processing Gaviti’s invoice-to-cash A/R management and automation platform streamlines your invoice processing while optimizing the entire A/R lifecycle. Its accounts receivable automation solution includes: Customer invoice distribution. Cash application.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98