Remove Credit Application Remove DSO Remove Payment Portals
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Top 10 Collection Reminders Writing Tips

Gaviti

For example, the late payment reminder should include the customers name, invoice amount, and a link to a payment portal, or encourage the customer to contact your billing team with any questions related to the payment. Customers can also use it to view invoices, payment history, and credit applications and disputes.

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Top 5 Conferences for A/R Professionals in the USA in 2025

Gaviti

Self-Service Customer-Facing Payment Portal: Offers customers multiple payment options, including autopay, and a centralized view of all outstanding invoices, facilitating prompt and convenient payments. To explore how Gaviti can elevate your A/R management, schedule a personalized demo today.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. Consider tracking A/R performance metrics that include best possible DSO , average days delinquent (ADD), collective effectiveness Index (CEI), and accounts receivable turnover ratio (ART).

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Top Accounts Receivable Strategies for 2025

Gaviti

Monitor key performance indicators ( KPIs ) like Days Sales Outstanding (DSO) and collection effectiveness to track progress. Many traditional KPIs, like DSO, are not always a good indicator of collection success. Use data-driven insights to improve customer segmentation and prioritize high-risk accounts.

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7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

When accounting departments want a quick evaluation of the health of a business, they often look at their DSO, or days sales outstanding. Traditionally, a low DSO indicates that your company has capital available and is in good financial standing. This includes both current, past and overdue invoices. monthly, quarterly or annually).

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Accounts Receivable Analysis: Meaning, Objectives, Importance

Gaviti

The most common is DSO. For example, some might prefer to pay in person via credit or debit card. Automate collections actions with reminders, internal or external escalations based on predefined criteria such as payment due date or history, credit terms or aging of the invoice. Cash application. and unique KPIs.

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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. Customer Self-Service Portal.