TreviPay

OCTOBER 2, 2024

TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place.

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

Your Virtual Credit Manager

APRIL 18, 2023

Subscribe now An Overview of the AR Functions that Can Be Outsourced One option is to outsource all AR responsibilities in support of the order-to-cash (O2C) process: from billing to credit and collections to remittance processing. to minimize the chance of bad debt loss. Then you have a cost/benefit comparison.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Third Party Collections 130

Your Virtual Credit Manager

JANUARY 3, 2023

Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half. This included a 100 percent increase in past due collected.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Credit Management Group UK

FEBRUARY 1, 2023

Enquire Now Order to Cash Process £99 per person Running W/c 27th March W/c 26th June W/c 25th September Start time will be 10am To upskill delegates on the commercial aspects of running a business and the ‘Order to Cash’ process to improve their cash flow and reduce risk of bad debt.

Bad Debt 95

Bad Debt Credit and Collections Order to Cash Credit Management 95

Your Virtual Credit Manager

APRIL 11, 2023

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. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it.

Bad Debt 130

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

Your Virtual Credit Manager

FEBRUARY 21, 2023

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Your Virtual Credit Manager

FEBRUARY 28, 2023

The reduction in revenue and margin, while painful, will be a smaller price to pay than a large drop in incoming cash and the higher risk of a larger, damaging, bad debt. Offering Prompt Payment Discounts to customers can significantly advance your cash inflow from AR and reduce overall exposure to bad debt loss.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

SEPTEMBER 12, 2023

When unobserved risks build up in your AR, the impact will be slower payments and defaults leading to bad debts. Age of the receivable is secondary because you want to collect as much as possible as soon as possible as well as minimize bad debts. More About Purchasing Credit Reports 4.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 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

Credit Management Group UK

FEBRUARY 25, 2024

Whilst this figure is slowly reducing, arguably as the issue has garnered a massive amount of press over the last few years, businesses should have strong collection procedures in place to ensure that their risk to bad debt is kept to a minimum.

Bad Debt 93

Bad Debt Credit and Collections Order to Cash Credit Management 93

Emagia

SEPTEMBER 23, 2024

Effective cash management is critical for organizations to meet financial obligations and invest in growth. A streamlined invoice-to-cash (I2C) process—an integral part of the broader order-to-cash (O2C) cycle—significantly impacts an organization’s ability to manage cash flow.

Invoice to Cash 52

Invoice to Cash Order to Cash Credit and Collections Bad Debt 52

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Credit Management Group UK

JULY 23, 2024

Having an effective credit management function is vital to any business in maintaining and improving cash flow, as well as reducing a business’ risk to bad debt. Measure disputes Disputed invoices will mean delays in payment and having multiple disputed invoices will have a significant impact on your business’ cash flow.

Credit Management 52

Credit Management Invoice Disputes Credit and Collections Bad Debt 52

Credit Management Group UK

FEBRUARY 18, 2024

Having a dispute resolution system in place can mean the difference between getting paid on time and getting paid paid, which will ultimately have knock on effects to your cash flow, debtor days and could increase your risk to bad debt.

Bad Debt 85

Bad Debt Credit and Collections Order to Cash Credit Management 85

Your Virtual Credit Manager

FEBRUARY 6, 2024

After all, credit and collections is essential to the performance of your order-to-cash (O2C) process and cash conversion cycle. Set a limit on the pool, incentivizing the sales department to ensure timely payments from these risky accounts in order to create room for additional sales.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Bad Debt Credit Risk 130

Your Virtual Credit Manager

MARCH 7, 2023

Fulfilling a customer’s order according to customer expectations of quality and timeliness of delivery, then invoicing it promptly and accurately is critical to unimpeded cash flow and minimizing bad debt and collection costs. They are outlined below as they relate to the three primary steps in approving an order.

Credit and Collections 100

Credit and Collections Order to Cash Bad Debt Credit Management 100

Emagia

NOVEMBER 28, 2023

Deciding whether to pursue automation or autonomy requires strategic planning.Emagia’s autonomous Enterprise autonomous Enterprise A/R Management platform exemplifies this shift, leveraging Automation, Analytics, and AI to optimize the Order-to-Cash process.

Accounts Receivable (AR) 64

Accounts Receivable (AR) Bad Debt Order to Cash 64

Your Virtual Credit Manager

JANUARY 9, 2024

In contrast, profit driven enterprises often miss opportunities because they are too restrictive out of a fear of bad debt losses. Share Streamlining Processes and Workflows Another area where being proactive can reduce downstream issues involves your order-to-cash (O2C) process and the tasks associated with it.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Gaviti

JULY 11, 2024

It focuses on tangible business outcomes, such as reducing bad debt and improving DSO with a single platform for all of your financial needs, including order-to-cash, treasury, payments and accounting. This can be especially helpful in maximizing cash inflows and minimizing bad debt.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Your Virtual Credit Manager

MAY 23, 2023

Any subsequent collection expenses and bad debt write-offs are more easily recouped through additional sales than if your gross margins are low. Problematic customers, or debtors if you will, are much less profitable and more likely to cause a bad debt loss. The issue with problematic customers is profit dilution.

Bad Debt 49

Bad Debt Credit and Collections Deductions Credit Risk 49

Your Virtual Credit Manager

SEPTEMBER 13, 2022

If not approved, there should be an attempt to collect the disputed amount to avoid diluting profits, and if not collected, the deduction should be cleared by a bad debt write-off. The second is knowledge of your Order-to-Cash process. This all seems fairly straightforward, doesn’t it? Well, it’s not.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Serrala

MARCH 14, 2024

Helping you to put an end to bad debt and write-offs, eliminate errors, and provide you and your customers with the transparency and experience that helps reduce churn and improve your position. Read more Stay secure and compliant safeguard your business against legal, data, cyber, and financial risk with minimal overhead.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52

Gaviti

MARCH 6, 2023

A cash application is a type of software that helps businesses manage money. It streamlines the order-to-cash cycle so that businesses can make operations more effective. Additionally, cash applications are only one of many ways to use tech to improve your cash conversion ratio.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Emagia

FEBRUARY 5, 2023

Businesses need quick order to cash conversion that is supported by an efficient account receivable processes. Our next-generation intelligent Enterprise Receivables Management System (ERMS) uses the “3A trifecta” of Automation, Analytics, and AI to drive efficiency across the Order-to-Cash (O2C) process.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

TreviPay

APRIL 11, 2023

TreviPay’s scalability and business process outsourcing enabled the client to optimize and reallocate their human capital from the order-to-cash process flow in a cost-effective manner. This would require investment in the design, technology and deployment of such a solution.

DSO 52

DSO Bad Debt Credit and Collections Order to Cash 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Making it easy to evaluate all customer debtors, creditors, and insurance limits.

Credit and Collections 52

Credit and Collections Bad Debt Default Credit Risk 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats. Making it easy to evaluate all customer debtors, creditors, and insurance limits.

Credit and Collections 52

Credit and Collections Bad Debt Default Credit Risk 52

Emagia

FEBRUARY 2, 2024

Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements.

B2B Credit 52

B2B Credit Credit and Collections Credit Application Credit Management 52

Credit Research Foundation

APRIL 12, 2024

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. In many cases the customers will choose the option that provides them with the greatest value, and when offered, gives the supplier a competitive advantage against its competition.

Credit Card Companies 195

Credit Card Companies B2B Credit Bad Debt DSO 195