Your Virtual Credit Manager

JUNE 25, 2024

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up. Do you need help managing credit and collections?

Bad Debt 130

Bad Debt Credit and Collections DSO Days Sales Outstanding 130

Your Virtual Credit Manager

FEBRUARY 21, 2023

Photo by Mockup Graphics on Unsplash The old saying goes that you can’t manage what you can’t measure. That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. Email YVCM About Consulting The Final Analysis.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Your Virtual Credit Manager

AUGUST 29, 2023

These can include: Too little time spent collecting (due to other priorities or lack of staff) Lack of training and experience Order-to-cash (O2C) process breakdowns or weaknesses Credit policy too lenient Invoice accuracy issues Collection strategy not effective Economic headwinds And, the list goes on.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Gaviti

DECEMBER 18, 2024

High Radius Geared towards larger enterprises looking to automate their entire A/R process, High Radius Record-to-Report software offers balance sheet reconciliation, helping enterprises achieve greater accuracy in their financial reporting, reducing their days to reconcile and improving reconciliation productivity.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

DECEMBER 19, 2023

As part of that budget, you have likely made some accommodation for your accounts receivable (AR), probably in the form of a Days Sales Outstanding (DSO) objective based on past performance. Hopefully, that is why you are reading Your Virtual Credit Manager.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Days Sales Outstanding 130

Emagia

NOVEMBER 21, 2023

As a longtime leader in the AI-based order-to-cash solutions industry, conferences around the world ask for Emagia representatives to appear and speak Artificial Intelligence, automation, and GenAI in finance. How can AI help decrease DSO (Days Sales Outstanding)?

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

Emagia

FEBRUARY 5, 2023

Key Challenges in AR (Accounts Receivable) Process An efficient and useful accounts receivable automation software must address the following challenges in OTC/AR processes, to achieve the desired cash flow and profitability results. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Onguard

DECEMBER 9, 2022

Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. What does this mean for the credit manager? But what does this mean for the credit manager? And that makes sense.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

Onguard

DECEMBER 9, 2022

Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. What does this mean for the credit manager? But what does this mean for the credit manager? Big data and order-to-cash.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

Emagia

DECEMBER 3, 2024

The Emagia Autonomous Finance Platform is a cutting-edge solution that helps organizations achieve these goals by automating and streamlining critical financial processes, particularly in the Order-to-Cash (O2C) cycle. Manufacturing: Global manufacturers often deal with complex credit risks and diverse customer bases.

Days Sales Outstanding 52

Days Sales Outstanding Revenue Recognition DSO Credit and Collections 52

apruve

JULY 25, 2022

These platforms digitalize workflows and automate repetitive and time-consuming tasks, allowing A/R teams to manage a growing customer base more efficiently while reducing Days Sales Outstanding (DSO). Named as a Leader in Gartner’s 2022 Magic Quadrant for Integrated Invoice-to-Cash (I2C) Applications.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Gaviti

JULY 11, 2024

Simplify workflows and improve A/R processes such as invoice distribution, tracking payments, credit management, bank reconciliation and dispute management. Simplify customer payment by offering multiple types of payment, including credit cards, debit cards, ACH transfers , electronic wallets, and more.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Your Virtual Credit Manager

MARCH 11, 2025

From an accounts receivable (AR) perspective, digitization began accelerating in the late eighties with the introduction of tools that could help with financial analysis followed by collection, deduction management, and remittance processing software in the nineties. Your Virtual Credit Manager is a reader-supported publication.

Days Sales Outstanding 130

Days Sales Outstanding Credit and Collections DSO Accounts Receivable (AR) 130

Your Virtual Credit Manager

MARCH 18, 2025

How Collections Can Fall off the Rails One of the common themes driving business clients to engage my services involves rising Days Sales Outstanding (DSO). In some cases, the cause has been a structural problem unrelated to their collectors’ efforts, situations caused by upstream issues in the order-to-cash (O2C) process.

Collector 130

Collector Credit and Collections DSO Debt Collections 130

Emagia

FEBRUARY 14, 2025

This integration encompasses functions such as credit management, invoicing, collections, deductions, and cash application. Remittance Processing: Handling various remittance formats to ensure accurate and timely cash posting. Determining automation requirements based on transaction volume and complexity.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40