Gaviti

MARCH 27, 2024

Increased globalization and cross-border transactions, a proliferation of diverse payment channels and methods, and rising customer expectations are creating more complex business environments for accounts receivable teams. As a result, they have increasingly turned to automated cash application to adapt to these challenges.

Automated Cash Application 52

Automated Cash Application Cash Applicator DSO Invoice to Cash 52

Your Virtual Credit Manager

OCTOBER 25, 2022

However, any departure from the routine can lead to posting delays in addition to impacting future revenue and cash flow, alienating customers, and increasing administrative costs. Wasted Collection effort – contacting customers to pay invoices they’ve already paid. Transaction completed and closed.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Cash Applicator Deductions 130

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. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. The second is knowledge of your Order-to-Cash process.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130