Remove Cash Applicator Remove Credit Risk Remove Payment Portals
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5 Accounts Receivable Collection Mistakes You Should Avoid

Gaviti

A proactive A/R approach includes linking financial data with other enterprise resource planning (ERP) data, so businesses can avoid manual tracking and gather the necessary data to accelerate payments. Automating cash applications also boosts cash flow by reducing errors, allowing customers to receive payment confirmations faster.

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Top 7 Invoice Processing Best Practices for Your Business

Gaviti

Automate the payment reconciliation process by matching incoming payments with the corresponding invoices in real-time, giving you up-to-date visibility into your cash position. Cash application. Want to learn more about how Gaviti can help you achieve the most efficient invoicing process?

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Best 5 Autonomous Finance Tools for 2024

Gaviti

A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. For example, finance teams might apply it towards cash flow forecasting, credit risk assessment and identifying the best investment opportunities.

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Receivables Turnover vs. Days Sales Outstanding (DSO): What’s the Difference?

Gaviti

Gaviti’s autonomous invoice-to-cash A/R management platform helps you streamline the entire process, improving DSO on average by 30% and reducing the number of outstanding invoices by 60%. Match over 95% of payments with cash application through Gaviti’s Self-Payment Portal that includes AI-powered remittance auto-matching.

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Build vs Buy: What to Consider When Choosing an Accounts Receivable Automation Software

Gaviti

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. Self-Service Payer Portal. Credit monitoring and management.

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5 Methods to Reduce Late Payments

Gaviti

You should also provide the option to pay in installments, a discount for payment paid upfront and in full, and a promise-to-pay to assist in avoiding delayed payment. Streamline the credit process. Cash Application. Self-Service Payment Gateway. Dispute Management and Deductions.

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5 Methods to Reduce Late Payments

Gaviti

You should also provide the option to pay in installments, a discount for payment paid upfront and in full, and a promise-to-pay to assist in avoiding delayed payment. Streamline the credit process. Cash Application. Self-Service Payment Gateway. Dispute Management and Deductions.