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Top 10 Strategies for Reducing Days Sales Outstanding (DSO)

Your Virtual Credit Manager

Accelerating sales can increase DSO, but most often the cause is problems in the order-to-cash (O2C) pipeline affecting collections. Photo by Jonathan Wheeler on Unsplash ) The Consequences of Poor AR Performance First and foremost, poor AR performance impacts your cash flow, which causes financial strain and operational challenges.

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Is Your AR Management up to the Task?

Your Virtual Credit Manager

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. Any O2C friction that results will ultimately have a negative affect on AR performance.

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Understanding B2B Cross-Border Payments

TreviPay

Frequently crossed economic borders generally have the most efficient and cost-effective payment infrastructure and channels. Transparency Transparency applies to cross-border payments in two main ways. Like regular bank transfers, they automatically process currency exchanges.

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Accelerate digital payments by leveling up your AR automation

billtrust

Central to Billtrust Cash Application is the Digital Lockbox. This is a single email inbox where your customers’ digital payments are sent or re-routed. Inside the Digital Lockbox, emailed credit card payments are processed, and credit card remittances are automatically captured along with emailed ACH remittances.

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The Case for Electronic Invoice Presentment and Payment

Your Virtual Credit Manager

Since then, there has been continuous improvement towards the holy grail of straight-through-processing (STP) across the order-to-cash (O2C) process. Customers can access their invoices anytime, anywhere, using their preferred devices and payment methods. With customer-centric EIPP solutions, this becomes a reality.

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TreviPay Named an IDC MarketScape Leader in Worldwide Embedded Payment Applications

TreviPay

The IDC MarketScape noted, TreviPay’s Universal Acceptance offering with Mastercard allows clients to offer net terms with little to no integration work, if they already accept credit card payments. Also, TreviPay offers different recourse options, which allow clients to determine how much risk they want to take on.

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