Gaviti

JULY 24, 2024

Pre-Qualify Customers that Present Greater Risk You may want to identify your ideal customers, such as those who have a proven payment history, are from a specific industry, who have a certain budget, etc. Cash application. Make sure everyone who needs access to the process receives proper training.

Credit and Collections 98

Credit and Collections Bad Debt DSO Payment Portals 98

Gaviti

JUNE 10, 2024

If your business is scaling and expanding into new geographic regions, it may present challenges in collecting receivables. You’ll want to offer the right technology to ensure your customer payment data and information is secure, yet also provide a wide range of payment methods at the same rates your customers are used to.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Gaviti

NOVEMBER 24, 2024

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.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

SEPTEMBER 23, 2024

Don’t dip too low or too high, rather find a sweet spot that provides the necessary cash flow you need to grow. Match over 95% of payments with cash application through Gaviti’s Self-Payment Portal that includes AI-powered remittance auto-matching.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Credit Sales 52

Gaviti

APRIL 3, 2024

Make paying as easy as possible by giving customers many payment options, including credit or debit cards, digital payments, check, bank transfers, etc. Self service customer payment portals also offer another convenient payment channel that minimizes errors, encourages timely payments and improves overall customer satisfaction.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52