Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. Well, it’s not.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Gaviti

APRIL 11, 2024

The most common is DSO. Get a holistic view of your A/R data that includes a combination of traditional metrics such as DSO, collections, customer risk, etc., Cash application. Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 11, 2024

By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Cash application. Disputes and deductions. Gaining better visibility into the A/R process.

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DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

JUNE 25, 2024

Forecasting Accounts Receivable Collections Using DSO The easiest and most accurate way to forecast your accounts receivable is using days sales outstanding (DSO). Here are the steps to calculate an accounts payable projection using DSO. Cash Application. Disputes and Deductions.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Deductions 52

Gaviti

JANUARY 2, 2024

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.

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Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 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. It has proven experience lowering DSO, reducing write-offs and lowering risk asset ratio (RAR). Cash Application. Schedule a demo to learn more.

Invoice to Cash 52

Invoice to Cash Credit and Collections DSO Payment Portals 52

Gaviti

JULY 18, 2024

Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a Product Demo 7 Common Cash Flow Forecast Methods There are various cash flow forecast methods, but which one you use will depend on the data you have and the questions you’re trying to answer. Cash Application.

Cash Forecasting 52

Cash Forecasting DSO Credit and Collections Deductions 52

Gaviti

AUGUST 29, 2024

However, the simplest option for forecasting account receivable is by using DSO (days sales outstanding): Accounts Receivable Forecast = DSO x (Sales Forecast ÷ Days in Forecast) Where DSO = average accounts receivable ÷ (annual revenue ÷ 365) You should also note the days in the forecast refers to the time period used for the projection.

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DSO Days Sales Outstanding Credit and Collections Deductions 52

Gaviti

JULY 29, 2024

Make better credit decisions, lower DSO, and reconcile payments with near perfection. Gaviti Gaviti’s automated A/R management platform automates and optimizes the entire invoice-to-cash lifecycle. Its client payment portal offers seamless integration with collections, credit, cash application and disputes.

Payment Portals 52

Payment Portals Electronic Funds Transfer Invoice to Cash Credit and Collections 52

Emagia

FEBRUARY 5, 2023

Cash Application This process in AR management, if done manually, can consume a lot of time of AR team and make collection follow up difficult, and create a not-so-happy experience for both the team and customers. The process can get more cumbersome if deductions are involved.

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AR Automation Days Sales Outstanding DSO Credit and Collections 52

Gaviti

AUGUST 27, 2024

Make better credit decisions, lower DSO, and reconcile payments with near perfection. 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.

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DSO Credit and Collections Deductions Payment Portals 52

Gaviti

MARCH 3, 2024

In addition, more accurate bookkeeping and cash application free of errors delivers a better customer experience. This helps to speed up the entire invoice-to-cash cycle, reducing Days Sales Outstanding (DSO) and improving cash flow. Cash application. It’s scalable. It costs less.

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DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

Gaviti

JUNE 13, 2024

Gaviti’s invoice-to-cash A/R management and automation streamlines your entire accounts receivable process from customer invoice distribution to credit application and payment reconciliation. With its ERP agnostic platform, customers have effectively improved their DSO by up to 30%. Cash Application.

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DSO Credit and Collections Deductions Collector 52

Gaviti

AUGUST 29, 2024

Gaviti’s A/R management and automation platform streamlines and optimizes the entire A/R process, from invoicing to credit management and monitoring, cash application, disputes and deductions and more.

DSO 52

DSO Credit and Collections Deductions Cash Applicator 52

Gaviti

APRIL 18, 2024

It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow. Cash application. Disputes and deductions.

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AR Aging Credit and Collections Bad Debt Allowance for Doubtful Accounts 52

Gaviti

NOVEMBER 4, 2024

3 – Quadient Quadient’s dispute management tool is also part of its full accounts receivable management platform designed to automate the order-to-cash cycle and accelerate cash flow. It customizes all collection tasks with the goal of reducing the time and energy spent on the complex A/R process. A/R Analytics.

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Credit and Collections Invoice to Cash DSO Payment Portals 52

apruve

JULY 25, 2022

These platforms digitalize workflows and automate repetitive and time-consuming tasks, allowing A/R teams to manage a growing customer base more efficiently while reducing Days Sales Outstanding (DSO). Integrates and automates procure-to-pay and order-to-cash processes. What Sets Esker Apart. What Sets Cforia Apart.

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DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Gaviti

FEBRUARY 18, 2024

Streamline the process for managing disputes and deductions. Automate as many elements of the process as possible, including dunning workflows, payment reminders, credit applications, payment reconciliation, the routing of disputes and deductions, and alerts and reports to the relevant stakeholders as needed. Cash Application.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

Streamline the process for managing disputes and deductions. Automate as many elements of the process as possible, including dunning workflows, payment reminders, credit applications, payment reconciliation, the routing of disputes and deductions, and alerts and reports to the relevant stakeholders as needed. Cash Application.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Serrala

MARCH 14, 2024

Energy and utilities companies must innovate and look at how technology can increase the processing of financial data at a faster speed, whilst increasing cost efficiencies by improving timely bill payment, speedy cash application, and optimizing outbound payments.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52

Gaviti

JANUARY 7, 2024

While Netsuite offers an analytics dashboard and financial metrics, an A/R invoice-to-cash management platform focuses on KPIs, internal metrics and external data relevant to the A/R team. A Cash Application Module can also connect remittance data from customer payments and invoices to facilitate precise reconciliation of payments.

Invoice to Cash 52

Invoice to Cash Credit and Collections Collector Deductions 52

Gaviti

DECEMBER 28, 2023

KPIs and metrics such as DSO, collection rate, aging buckets and collection rate trend analysis can be defined and determined beforehand to standardize the measurement of performance of your collections teams. It also documents an audit trail of all disputes and deductions for any future analysis or audits.

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Credit and Collections Invoice to Cash Deductions Collector 52

Serrala

AUGUST 29, 2022

This means that accounts receivable clerks can spend extra time focusing on late payers, disputes and deductions life cycles and at risk of default customers. Blog Wanted: Working Capital – The Invoice-to-Cash Challenge How optimizing invoice-to-cash processes helps you find elusive liquidity. Find out more.

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Invoice to Cash DSO Dashboards Deductions 52

Gaviti

FEBRUARY 18, 2024

Gain greater visibility into A/R performance on both an individual and team level that includes not only Day Sales Outstanding (DSO) and collection rate but also customized KPIs. Cash Application. Manage cash from multiple banks, accurately matching payments with invoices to ensure improved visibility into your cash position.

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Debt Collections Credit and Collections Days Sales Outstanding Invoice to Cash 52

Emagia

JANUARY 22, 2023

Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow. Automation helps the bottom line and cash flow: Let us take an example of how AR automation can help the company in multiple ways.

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Days Sales Outstanding AR Automation Order to Cash DSO 52