Gaviti

DECEMBER 12, 2023

When businesses waste resources and the accounts receivable departments drag their feet on securing payments, they tend to experience longer cash conversion cycles. This may signal that the company’s goods or services are not valuable to customers, that the company is not managed effectively or a difficulty in collecting receivables.

Credit and Collections 98

Credit and Collections Invoice to Cash Deductions Cash Applicator 98

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

DECEMBER 6, 2023

Depending on the volume of invoices, it could be handled by an individual or a team. This third party can be responsible for reports such as aging reports, scheduling payment reminders, tracking and collecting overdue invoices, and identifying high-risk customers to avoid extending more credit than they can realistically take on.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Cash Applicator 52

Gaviti

JUNE 10, 2024

If your business is scaling and expanding into new geographic regions, it may present challenges in collecting receivables. This should include debit and credit cards, local bank transfer, ACH/echeck, wire transfer and electronic funds transfer. Would a robust customer-facing payment portal help you collect receivables faster?

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Serrala

MARCH 14, 2024

Read more Our solution provides 400 pre-built reporting KPIs for instant reporting on your cash position – giving you the power to make smart decisions about how to finance new product development and shore up supply chains. Reducing workloads, reducing fees, and increasing user satisfaction and performance levels across your AR teams.

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 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

Serrala

MARCH 14, 2024

Serrala helps you reduce the burden of financial management on your teams with intelligent invoice-to-payment, invoice-to-cash and treasury automation solutions that unify your business’s finances, boost decision velocity, and let you apply working capital quickly and accurately to strategic and tactical concerns.

DSO 52

DSO Invoice to Cash Days Sales Outstanding Insurance Companies 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

JANUARY 20, 2025

Accounts receivable automation tools help businesses accurately match revenues with expenses by providing: Accurate A/R reporting: Automated systems consolidate and present financial data, ensuring timely recognition of revenue and related costs. Make better credit decisions, lower DSO, and reconcile payments with near perfection.

AR Automation 52

AR Automation Revenue Recognition DSO Credit and Collections 52