Gaviti

JUNE 10, 2024

If your business is scaling and expanding into new geographic regions, it may present challenges in collecting receivables. Cash Application. When using the Self-Service Payment Portal, automated cash application ensures real-time reconciliation, expediting the cash application process and reducing processing delays.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Your Virtual Credit Manager

APRIL 4, 2023

.” This junk AR comes in a variety of forms, such as: Short Payments / Deductions Debit Memos Unapplied Credit Memos Unapplied Cash Late Payment Fees and other Surcharges Unearned Early Payment Discounts Clutter obscures the actual amount a customer owes and when presented as a statement of account can confuse their accounts payable (AP) team.

Past Due Invoices 100

Past Due Invoices Credit and Collections Deductions Accounts Receivable (AR) 100

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. section-marketo-background').length>0){ length>0){ jQuery('.mktoFormRow','fieldset[data-wrapper-for~="col1"]').each(function(i,

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 52

Gaviti

DECEMBER 18, 2024

These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses. These types of reports include cash flow forecasting, aging reports, DSO calculations, and A/R performance.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Gaviti

DECEMBER 6, 2023

The same challenge presents itself with outsourced teams, however, who typically hire additional staff to scale the collections process. Cash Application. A/R software automation, however, gives businesses a scalable process that eliminates much human error and inefficiency. Collection Analytics.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Cash Applicator 52

Serrala

MARCH 14, 2024

Read more Serrala Avelate Bill Pay allows you to present all payment requests through a single online system, making it simpler for customers to pay you – and simpler for you to maintain relationships alongside your business obligations. section-marketo-background').length>0){ length>0){ jQuery('.mktoFormRow','fieldset[data-wrapper-for~="col1"]').each(function(i,

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Emagia

OCTOBER 27, 2023

The increasing use of generative AI (GenAI) – a key technology driving the exponential transformation of finance and business landscapes – is drastically changing the receivable collection tasks, making a greater impact on the cash flow and therefore the health of organizations.

Credit and Collections 64

Credit and Collections Cash Applicator Current Receivables 64

Gaviti

DECEMBER 28, 2023

Aggregating data from collections calls is challenging and doesn’t offer a holistic view into the customer’s present financial situation. Third parties can present your company with challenges with regards to your customer’s data privacy. They deliver poor visibility into customer information.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Collector 52

Emagia

MAY 1, 2024

In the debut episode of the Emagia AI For Finance podcast series, Schmidt spoke about the growing role (and present) of automated collections and predictive analytics, among other autonomous finance and AI-fueled processes, as businesses recognize the transformative potential of AI.

Order to Cash 52

Order to Cash Cash Forecasting Credit and Collections Shared Service Center 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

TreviPay

AUGUST 30, 2023

TreviPay’s Electronic Invoice Presentment and Payment (EIPP) portal digitizes and streamlines account management, payments, disputes and reporting with your branding to give your customers a familiar and consistent experience.

Credit and Collections 52

Credit and Collections B2B Credit Bad Debt Transactions 52

Emagia

MAY 15, 2024

While building unbiased AI algorithms presents an initial challenge, continuous monitoring and refinement are crucial. The Role of Generative Models in Liquidity Management GenAI models present a new frontier in treasury management by leveraging diverse data sources such as digital assets, internet data, videos, photos, and emails.

Default 52

Default Credit Risk Cash Applicator 52

Serrala

AUGUST 29, 2022

This seamless incorporation of your data is presented with an expedient drill down functionality and vibrant dashboard graphics. You can utilize your SAP data, including multiple SAP systems, additional information from various ERP systems and other sources.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Transactions Dashboards Cash Applicator 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. By adopting emerging technologies like AI, ML, and Automation, such time-consuming and mundane tasks can be automated.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52

Gaviti

FEBRUARY 18, 2024

Collecting debt presents challenges in complying with various regulations, not to mention cultural and language barriers. Cash Application. Manage cash from multiple banks, accurately matching payments with invoices to ensure improved visibility into your cash position. Digital wallets (e.g.,

Debt Collections 52

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

Gaviti

APRIL 3, 2024

Use a credit monitoring tool to example customers’ past payment history and require stricter payment terms and implement tighter escalation processes for customers who present a higher credit risk. Cash application. Customize the payment terms for each client.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 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. Enterprise-level businesses may have complex needs, while smaller ones may simply need an all-in-one accounting software.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Serrala

MARCH 14, 2024

Successful consumer goods businesses must navigate these challenges to ensure a strong working capital position and sustainable cash flow by adopting agile inventory management practices, optimizing payment terms, and leveraging technology to enhance efficiency in supply chains and financial operations.

Credit and Collections 52

Credit and Collections Bad Debt Credit Risk AR Automation 52