Gaviti

OCTOBER 27, 2024

3) Examine Your Credit Needs You’ll also need to take a good look at your credit needs and how much risk you are willing to take with customers. You will also need to look at how much time it takes to approve new customers, review credit applications, etc. credit scores, payment history, etc) is dynamic.

Payment Portals 95

Payment Portals Credit and Collections Average Days Delinquent Cash Forecasting 95

Gaviti

JULY 11, 2024

Cash application. Automate the matching of invoices to payments, eliminating human error involved with manual matching and accelerating the bank reconciliation process. Credit monitoring and management. For example, data from your cash application component can be used for more accurate credit management.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

OCTOBER 10, 2024

A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. Cash Application. That means 100% matching for customers using Gaviti’s payment portal and 95% for payments made to the bank or a lockbox.

Invoice to Cash 52

Invoice to Cash Credit and Collections DSO Payment Portals 52

Gaviti

APRIL 11, 2024

For example, some might prefer to pay in person via credit or debit card. Cash application. Automatically match customer invoices against payments with 100% accuracy using Gaviti’s payment gateway. Credit management and monitoring. and unique KPIs.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

NOVEMBER 4, 2024

Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. In addition, after disputes are settled, customers should have the option of making payments directly through an integrated customer payment portal. Credit Management and Monitoring.

Credit and Collections 52

Credit and Collections Invoice to Cash DSO Payment Portals 52

Gaviti

AUGUST 27, 2024

Its modules include: Cash application. Associate each payment with its corresponding invoice for precise application and reconciliation of payments with remittance information such as invoice numbers or payment references. Credit monitoring and management.

DSO 52

DSO Credit and Collections Deductions Payment Portals 52

Gaviti

FEBRUARY 18, 2024

It’s important to receive regular risk assessments for your customers to verify their creditworthiness and extend credit to them based on their payment history, not out of courtesy. Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52