Emagia

DECEMBER 4, 2024

In today’s fast-paced business world, managing financial operations efficiently is critical for companies that deal with high transaction volumes, complex payment cycles, and diverse customer bases. Emagia provides tools to: Automate credit management and collections. Reduce Days Sales Outstanding (DSO).

Revenue Recognition 52

Revenue Recognition Credit and Collections Days Sales Outstanding Deductions 52

Emagia

FEBRUARY 21, 2025

Understanding Accounts Receivable Accounts receivable represent the outstanding invoices a company has or the money clients owe the company for goods or services provided on credit. Managing these receivables effectively ensures timely cash inflows and reduces the risk of bad debts. What is Days Sales Outstanding (DSO)?

Days Sales Outstanding 40

Days Sales Outstanding DSO Bad Debt Credit and Collections 40

Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR) 130

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

Onguard

JULY 25, 2024

2 Three main challenges to technology in credit management Although new technologies -such as AI, RPA and blockchain- are on the rise within the finance department, implementation does not always go smoothly: 28% of finance professionals state that their team lacks the skills and/or knowledge to implement the technology.

Credit Management 52

Credit Management DSO Days Sales Outstanding Credit and Collections 52

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. Match as many unapplied payments and unapplied credit memos to open invoices, deductions, and debit memos as possible. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

TreviPay

MARCH 20, 2023

Credit management is integral to accounts receivable management. Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It covers multiple different smaller components involved in issuing, monitoring, and collecting credit.

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

Your Virtual Credit Manager

APRIL 25, 2023

The bottom line was a 13 percent reduction in DSO over a 6 month period in conjunction with invoice accuracy rising above 90 percent. Readers of Your Virtual Credit Manager can now access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit.

Credit and Collections 130

Credit and Collections Past Due Invoices Collector Deductions 130

Your Virtual Credit Manager

SEPTEMBER 13, 2022

The results: Recovery of over $500K of invalid deductions (pure profit) Over 90 day receivables reduced by 70 percent DSO reduction of 16 percent This case study also illustrates the cumulative effect deductions can have on profits and cash flow. Trade promotions are often taken as deductions, but are better managed as separate transactions.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Emagia

FEBRUARY 20, 2025

Automating these processes not only enhances accuracy but also ensures timely collections, thereby improving cash flow and reducing the days sales outstanding (DSO). Credit Management Automation Implementing automated credit management allows businesses to assess customer creditworthiness efficiently.

AR Automation 40

AR Automation Credit and Collections DSO Cash Applicator 40

SAP Credit Management

AUGUST 24, 2023

Operational data provisioning supports mechanisms to load data incrementally, e.g., from extractors, ABAP CDS Views and a DSO objects (see below). .: ECC S/4 HANA BW BW/4 HANA The Xtract ODP component acts as a subscriber (consumer) and subscribes to a data provider, for example to an SAP Extractor or to a CDS View.

DSO 148

DSO Default Transactions 148

Onguard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years.

Credit Management 52

Credit Management Credit and Collections Invoice Amount DSO 52

Emagia

DECEMBER 3, 2024

Industries with High Transaction Volumes Certain industries deal with thousands—or even millions—of transactions every month. Managing credit approvals, invoicing, collections, and deductions manually can be overwhelming, error-prone, and inefficient. Let’s explore.

Days Sales Outstanding 52

Days Sales Outstanding DSO Revenue Recognition Credit and Collections 52

Emagia

NOVEMBER 21, 2023

AI can also improve security by detecting fraudulent transactions in real-time and reducing false positives to enhance user trust. How can AI help decrease DSO (Days Sales Outstanding)? Reducing Days Sales Outstanding (DSO) is a perpetual challenge, and AI emerges as a strategic ally in this pursuit. The short version is: yes.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections B2B Credit 52

Emagia

OCTOBER 31, 2022

Why should credit management be automated. How important is the automation of credit management for business growth. Spreadsheets and then ERPs were the beginning of digital adoption in finance, which digitalized the manual recording and processing of finance and accounting transactions.

Credit and Collections 59

Credit and Collections Bad Debt Credit Management DSO 59

Emagia

FEBRUARY 5, 2023

Credit Management The starting point in the AR process is credit check, though that is part of broader OTC process. Having few customers with bad creditworthiness and track record or history on board can disrupt the entire AR management and cash flow of a company.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Serrala

MARCH 14, 2024

Eliminating or reducing many of the problems caused by difficult manual payments processes, including low and slow conversion, high DSO, matching problems, a lack of visibility, time and money wasted chasing payments. As a result, Kingpolis reduced their average DSO from 26 to 14 days and saved over 60% on their print costs by digitizing.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Default 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). Leverages AI to flag transactions that may be a problem and to provide insights into customer behavior. What Sets Esker Apart.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

TreviPay

JULY 30, 2024

B2B payment automation not only simplifies complex transactions but also ensures a more reliable and secure payment environment. B2B payment automation uses technology to manage business transactions without manual intervention. This efficiency is crucial in modern business transactions.

Invoice Disputes 52

Invoice Disputes Transactions Order to Cash DSO 52

Gaviti

FEBRUARY 5, 2024

In this product release, Gaviti proudly introduces a suite of new features and enhancements, all aimed at transforming how businesses manage their accounts receivable. This integration enables Gaviti users to seamlessly and easily obtain credit reports from CreditSafe, enhancing the credit allocation decision-making process and reducing risk.

Cash Applicator 52

Cash Applicator Dashboards DSO Credit and Collections 52

Gaviti

MARCH 3, 2024

RPA use cases in finance include invoice processing, bank reconciliation, accounts payable and receivable, payroll processing and credit and risk management. This helps to speed up the entire invoice-to-cash cycle, reducing Days Sales Outstanding (DSO) and improving cash flow. Credit management. It costs less.

DSO 52

DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

TreviPay

OCTOBER 18, 2023

TreviPay’s composable technology platform enables banks around the world to deliver automated accounts receivable, underwriting and trade credit management solutions to their large commercial clients. The global trade credit market is worth over $40 trillion and is a large opportunity ready to be explored by banks.

Credit and Collections 59

Credit and Collections DSO Credit Management Transactions 59

TreviPay

APRIL 11, 2023

Outsource risk, and in doing so remove receivables from their balance sheet to improve/eradicate late payments and DSO. Financing With their global scale, and significant readily scalable banking facility, TreviPay irradicated the retailer’s DSO, ensuring payment within 2 days from the date of each transaction, on time, every time.

DSO 52

DSO Bad Debt Credit and Collections Order to Cash 52

lsq

OCTOBER 25, 2022

The enhancements eliminate the need for manual input to offset invoice credits from a supplier with that supplier’s new invoices. Customer Credit Management. Customer credit management has long been one of the tenets of LSQ’s working capital offerings. Monitor and manage exposure across the customer base.

Credit and Collections 52

Credit and Collections DSO Credit Management Transactions 52

TreviPay

AUGUST 27, 2024

Industries with higher-value transactions and longer sales cycles, like construction, will naturally have lower Accounts Receivable Turnover Ratios because payment collections take a long time. Although a good ratio depends on the industry and the length of typical sales cycles, a higher ratio is generally seen as more optimal.

Credit and Collections 52

Credit and Collections Bad Debt Credit Sales DSO 52

apruve

OCTOBER 5, 2022

Technology is revolutionizing business payments and trade credit management. If you’re a large business looking for better ways to manage trade credit , you might be wondering: How does trade credit work today? Fintech innovation makes it possible to automate all aspects of the trade credit process.

Credit and Collections 52

Credit and Collections Days Sales Outstanding Default DSO 52

Your Virtual Credit Manager

MARCH 11, 2025

Improved Cash Flow and Forecasting EIPP accelerates the cash conversion cycle by accelerating invoice delivery, thereby enabling faster payments and reducing days sales outstanding (DSO). Your Virtual Credit Manager is a reader-supported publication. Do you need help improving cash flow?

Days Sales Outstanding 130

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

Bectran

MARCH 5, 2025

If left unchecked, bad debt eats into your revenue, making a substantial impact on everything from your cash flow to future credit approvals. When steps are not taken to root out its underlying causes, credit managers may begin to approve new credit applications more sparingly. This is part one of a two-part series.

Bad Debt 52

Bad Debt High-Risk Accounts Credit and Collections Default 52

Emagia

FEBRUARY 14, 2025

This integration encompasses functions such as credit management, invoicing, collections, deductions, and cash application. Benefits of Implementing Integrated Receivables Automation Solutions Enhanced Cash Flow: Accelerating the order-to-cash cycle leads to improved liquidity and working capital management.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40

Gaviti

MARCH 11, 2025

In the realm of B2B transactions, it’s easy to assume that securing a sale signifies the culmination of your efforts. Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts.

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52