Your Virtual Credit Manager

JANUARY 9, 2024

Then last week we looked at credit hold best practices. From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

JANUARY 3, 2023

” This junk AR comes in a variety of forms, such as: Short payment/deductions Debit memos Unapplied credit memos Unapplied cash Late payment fees and other surcharges Early payment discounts taken but not deserved Clutter obscures the true amount a customer owes and causes confusion.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Gaviti

DECEMBER 18, 2024

Its order to cash software delivers reports that go beyond the standard collections, deductions, cash application, credit, electronic invoicing, and payment processes to include KPI tracking that uncover insights to help improve performance.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Gaviti

APRIL 11, 2024

For example, some might prefer to pay in person via credit or debit card. Manage your cash from multiple sources and ensure precise cash allocation with both single and multi-bank connectivity. Credit management and monitoring. Disputes and deductions.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

APRIL 18, 2024

It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Why Automation Is Key to an Effective Accounts Receivable Aging Report Automation is well-established as a functional tool for efficient accounts receivable management. Disputes and deductions.

AR Aging 52

AR Aging Credit and Collections Bad Debt Allowance for Doubtful Accounts 52

Gaviti

APRIL 3, 2024

How to Gavit Helps You Optimize DSO Gaviti’s invoice-to-cash A/R management platform automates and streamlines the entire account receivables process, enabling businesses to improve DSO by up to 30%. The modules include: Credit management and monitoring. Use online credit applications to streamline the credit approval process.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52