Gaviti

FEBRUARY 4, 2025

With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Many traditional KPIs, like DSO, are not always a good indicator of collection success.

Average Days Delinquent 59

Average Days Delinquent Credit and Collections AR Metrics Accounts Receivable (AR) 59

Gaviti

JUNE 17, 2024

Although B2B customer payment portals are often confused with customer payment portal software, they target different audiences and offer different functionalities and integrations. What is a B2B Customer Payment Portal? An online customer payment portal should offer: Multiple payment methods and types.

Payment Portals 52

Payment Portals Electronic Funds Transfer Invoice to Cash Credit and Collections 52

Gaviti

DECEMBER 5, 2024

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. Automating the business payment process. Optimizing credit management.

Credit and Collections 52

Credit and Collections Invoice to Cash Payment Portals DSO 52

Gaviti

JULY 29, 2024

If you’ve decided that you want to move ahead with accounts receivable software, you might want to consider looking into an A/R software provider with a client payment portal. It’ll help you provide your customers the best payment experience possible while saving both costs, time and reducing errors.

Payment Portals 52

Payment Portals Electronic Funds Transfer Invoice to Cash Credit and Collections 52

Gaviti

NOVEMBER 4, 2024

As companies scaled and these disputes increased, however, businesses started to turn to dispute automation for a more efficient dispute management process for collections and dispute management. It should collect data about disputes over time to deliver insights about customer trends, behavior, and track dispute times.

Credit and Collections 52

Credit and Collections Invoice to Cash Payment Portals DSO 52

Gaviti

APRIL 11, 2024

Analyze your payment terms: Should you change your payment terms? Are you offering enough or too much credit to customers? Are you able to collect invoices on all of the revenue your business generates? How quickly are customers paying their invoices? Are you offering discounts for early payment?

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

JULY 24, 2024

Efficient invoice processing is critical to keeping your cash flow healthy. Invoice Collection: When the accounting department receives the invoice, the accounts payable team confirms whether it ordered and received the product or service. The team then compares the invoice bill to the purchase order.

Credit and Collections 98

Credit and Collections Bad Debt Payment Portals Cash Applicator 98

Gaviti

JULY 25, 2024

How Gaviti Helps You Automate Your Cash Application Gaviti’s invoice-to-cash A/R management and automation platform streamlines and optimizes the A/R process along the entire lifecycle. The cash application module includes: Automated payment matching. Automatic cash application via the payment portal.

Cash Applicator 98

Cash Applicator Payment Portals DSO Credit and Collections 98

Gaviti

OCTOBER 10, 2024

For example, autonomous A/R software automates the generation of recurring invoices and remittance, allowing finance teams to focus on collecting invoices from customers that can best optimize and accelerate their company’s cash flow. Ability to deliver a better customer experience. Offers a competitive advantage.

Invoice to Cash 52

Invoice to Cash Credit and Collections Payment Portals DSO 52

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

JULY 11, 2024

If you’ve decided your business is ready to move to automating its A/R, you’ll want to find the best A/R automation software, also called invoice to cash software, that suits your needs. Automating these processes eliminate manual errors that lead to delays in collections, improving overall efficiency. Self service payer portal.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

SEPTEMBER 23, 2024

If cash flow is the lifeblood of any business, then accounts receivable (A/R) turnover is the heart that keeps cash flowing. Optimizing your collections process is crucial for cashflow. The better you optimize collections procedures and tasks, the more efficient and effective your A/R becomes.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Credit Sales 52

Gaviti

AUGUST 4, 2024

Streamline Your A/R Processes Today Gaviti’s accounts receivable automation solution streamlines your cash application and other A/R processes and helps your team work better. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Automatic cash application via the payment portal.

Cash Applicator 52

Cash Applicator DSO Payment Portals Automated Cash Application 52

Gaviti

APRIL 3, 2024

Understanding Days Sales Outstanding Days Sales Outstanding, or DSO , is the average number of days it takes a company to collect revenue from an invoice. This includes both current, past and overdue invoices. Typically, a high DSO indicates that a company is having challenges collecting on invoices from its customers.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

FEBRUARY 18, 2024

Not receiving timely payments at regular periods makes it difficult for you to pay your vendors and suppliers on time as well as make payroll. If late invoice payments cause you to miss loan repayments, it can impact your credit, and, if it continues, can land you in court. Offer different payment options.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

FEBRUARY 18, 2024

Not receiving timely payments at regular periods makes it difficult for you to pay your vendors and suppliers on time as well as make payroll. If late invoice payments cause you to miss loan repayments, it can impact your credit, and, if it continues, can land you in court. Offer different payment options.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

NOVEMBER 27, 2023

Prioritizing the dispute: A tracking system gives a code to the dispute, which is determined according to the importance of the dispute and how it affects your cash flow. Resolving the dispute: Based on the information collected, the A/R analyst determines if the dispute is valid or invalid. write-off, debt collection or refund).

Invoice Disputes 52

Invoice Disputes Deductions Credit and Collections Invoice to Cash 52

Gaviti

OCTOBER 27, 2024

Advanced accounts receivables solutions offer autonomous invoice-to-cash platforms that include artificial intelligence (AI) capabilities as sanity checks for current decisions while at the same time offer suggestions to proactively optimize results. What are the most difficult issues you need to resolve to boost collections?

Payment Portals 95

Payment Portals Credit and Collections Average Days Delinquent Cash Forecasting 95