Gaviti

APRIL 11, 2024

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. Others might like to pay online.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

NOVEMBER 24, 2024

Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself. Automate payment reminders and follow-ups.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

JULY 11, 2024

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.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

FEBRUARY 18, 2024

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.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

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.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

OCTOBER 10, 2024

Reduce errors and disputes while improving the customer experience by automating manual processes involved in the traditional process of matching payments to invoices with AI-powered remittance auto-matching. That means 100% matching for customers using Gaviti’s payment portal and 95% for payments made to the bank or a lockbox.

Invoice to Cash 52

Invoice to Cash Credit and Collections DSO Payment Portals 52

Gaviti

AUGUST 27, 2024

Offer customers a variety of payment methods directly through the online payment portal , including credit and debit cards, ACH, electronic payments, and more. Customers can also use it to view past invoices and payment history and make credit requests from one centralized place.

DSO 52

DSO Credit and Collections Deductions Payment Portals 52