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5 Tips for an Automated Cash Application Process

Gaviti

As a result, they have increasingly turned to automated cash application to adapt to these challenges. What is Automated Cash Application? Traditionally, this cash application process has been 100% manual, consuming resources and leading to a high risk of human error. It is scalable.

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The 5 Best Collections Email Templates

Gaviti

Example #1 Subject: Payment Reminder: [Invoice Number} Due on [Due Date] Hi [Client’s First Name], I hope all is well. I wanted to give you a friendly reminder that payment for [Invoice Number ] in the amount of [Invoice Amount] is due on [Due Date] I wanted to take a moment to confirm the payment terms and make sure that everything is clear.

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How to Reduce Collection Calls With A/R Automation Software

Gaviti

It can ensure communication is clear and efficient, giving the customer important information such as the invoice amount, payment options, schedule, delivery date and purchase order in the invoice so that all of the data is available and in the same place.