Gaviti

JULY 24, 2024

However, when companies provide discounts or other perks for early payments, the team will likely pay ahead of schedule. Once paid, the A/P team records the transaction. Automatic cash application with 100% accuracy when using Gaviti’s Self-Service Payment Portal, accelerating the payment process by reducing human error.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98

Gaviti

JUNE 10, 2024

Key Components of Multi-Payment Gateway Systems As you scale, you’ll want to ensure your customers an exceptional customer experience while keeping the accounts receivables processes manageable. That means you’ll need to ensure that customers can pay in the most convenient way for them while minimizing declines transactions and latency.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Emagia

FEBRUARY 20, 2025

By utilizing real-time data and analytics, companies can make informed decisions about extending credit, thereby minimizing the risk of bad debts. Offering Multiple Payment Options Provide customers with various payment methods, such as credit cards, ACH transfers, and online payment portals, to facilitate prompt payments.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

Gaviti

FEBRUARY 20, 2023

Data Entry Errors Data entry errors can happen if the user forgets to record a payment or enters it in the wrong column on the worksheet. For example, someone on the A/R team could have transposed numbers, entered a transaction for the wrong account, or extended credit to the wrong account.

Credit and Collections 52

Credit and Collections Deductions Bad Debt Payment Portals 52