article thumbnail

Introducing: Cash Application, Credit Application Management, Integrated AI and Much More

Gaviti

These additions have been carefully crafted to address the evolving needs of businesses, ensuring you have the tools to minimize errors, maximize efficiency, and optimize your cash flow like never before. With the Cash Application module, we’re eliminating these pain points and introducing a new level of accuracy and efficiency.

article thumbnail

Are You Managing Your Receivables with the End of the Year in Mind?

Your Virtual Credit Manager

You’ll need strong participation from Cash Application, Sales and any Customer Service reps, as well as the person handling collections on the account. Hiring a temporary collector or two is one solution. Initiate collection calls on customers with medium to larger past due balances.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Accounts Receivable Goals for Growth in 2023 & Beyond

The Esker Blog

We’ve found that by working to achieve these seven AR goals, your organization can better adapt collections strategies, collect cash faster, empower AR teams and achieve growth, no matter the business situation. Historically, the processes within collections, cash application and credit management are highly manual.

article thumbnail

Accelerate digital payments by leveling up your AR automation

billtrust

Best practices and solutions for scaling cash application and to accelerate payments. She recently was a guest speaker at a Billtrust webinar where the discussion focused on the most pressing cash application challenges burdening AR departments. What a typical cash application process looks like.

article thumbnail

6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

In this blog, you’ll learn about the most important cash flow metrics and cash application KPIs for CFO performance and their relationship to your overall financial planning. What is a Cash Application KPI? Average Days Delinquent (ADD) ADD is an essential cash flow metric.

article thumbnail

Largest customer marketplace ranks Billtrust Overall Leader in AR software

billtrust

Billtrust Cash Application. Our automated solution finds remittance everywhere that it lives, matches payments quickly and accurately and increases your cash flow. We help you keep your customers (and collectors) on track with automated payment reminders, searchable histories and daily prioritized task lists.

article thumbnail

6 Ways to Improve A/R Collections Processes with Netsuite

Gaviti

Netsuite enables collectors to record various phone conversations and emails with customers to help gather and consolidate collections data. They can also be sent from specific A/R collectors or with a body or subject line customized to specific situations (e.g., However, with multiple payment options (e.g., Recording collections.