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 DSO 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

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 Bad Debt Deductions Payment Portals 52