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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How CFOs Can Benefit from Emagia Autonomous Finance Platform for Accounts Receivable Automation

Emagia

Autonomous Finance Capabilities: Enables intelligent self-driving end-to-end processes for accounts receivable operations including credit management, billing, invoicing, collections, deductions, cash application, cash flow forecasting and treasury management.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

Some companies want to simply reduce the effort they spend on manual tasks to focus on high-impact tasks, while others may envision it as a way to help them achieve their specific cash application or credit needs. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself.

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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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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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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.