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Collections Dashboard: Why Is It an Essential Growth Tool?

Gaviti

It also gives companies the ability to move away from manual tracking in spreadsheets, to a real-time dashboard, which saves time and gives a full and reliable visualization of the current state of collections. So, how can using a collection dashboard help, and why is it so indispensable as a growth tool? Cash Forecast Accuracy.

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Short Term Vs Long Term Cash Flow Forecasting

Gaviti

Short-term forecasting predicts the company’s cash flow for under 12 months, while long-term forecasting looks beyond twelve months. What is Short-Term Cash Forecasting? Short-term forecasting looks at the cash inflows and outflows over a shorter period. What Is Long-Term Cash Forecasting?

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Why Companies Underestimate How Finance Teams Affect the Bottom Line

Gaviti

Before companies had dashboards and other features of automated accounts receivable tools, finance professionals did all the heavy lifting. For example, it sends out invoices, automates conversations, calculates KPIs, and can conduct cash forecasting for different scenarios. It shows that on a centralized dashboard too.

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8 Essential Features To Have in a Cash Application Software

Gaviti

Here are some critical features of cash application automation software: Automated payment reconciliation compares invoices to payments and reconciles discrepancies. Automated cash forecasting enables businesses to plan way in advance and make improved financial decisions. Book a demo to get started.