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What to Look For When Purchasing an Accounts Receivable Software

Gaviti

3) Examine Your Credit Needs You’ll also need to take a good look at your credit needs and how much risk you are willing to take with customers. You will also need to look at how much time it takes to approve new customers, review credit applications, etc. credit scores, payment history, etc) is dynamic.

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The Best B2B Dispute Management Tools of 2024

Gaviti

Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. In addition, after disputes are settled, customers should have the option of making payments directly through an integrated customer payment portal. Schedule a demo and see it for yourself.

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Best 5 Autonomous Finance Tools for 2024

Gaviti

Get the best Autonomous Invoice to Cash Solution out there Gaviti’s Autonomous Invoice to Cash streamlines your A/R processes and brings continuity and predictability to your company’s A/R, Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.

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7 Best Accounts Receivable (A/R) Automation Software Vendors

Gaviti

When customers make payments using an automated A/R solutions customer payment portal, it also matches customer payment with the corresponding invoice with increased accuracy. Credit monitoring and management. Make better credit decisions, lower DSO, and reconcile payments with near perfection.

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Build vs Buy: What to Consider When Choosing an Accounts Receivable Automation Software

Gaviti

Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more. Offer customers a variety of payment methods directly through the online payment portal , including credit and debit cards, ACH, electronic payments, and more.

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

For example, some might prefer to pay in person via credit or debit card. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness. Customers can also use it to view invoices, payment history and any customer credit requests.

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5 Methods to Reduce Late Payments

Gaviti

It’s important to receive regular risk assessments for your customers to verify their creditworthiness and extend credit to them based on their payment history, not out of courtesy. Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate.