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Paymentportals are not just for large B2C businesses any longer, B2B businesses of any size can benefit. In the evolving world of B2B transactions, the importance of paymentportals has become undeniable. Beyond operational efficiency, a client paymentportal enhances your organizations professionalism.
Invoices can be paid 24/7 through a self-service paymentportal. Payments are reconciled automatically, your ERP is updated with the new payment data, and the customer receives payment confirmation within a few minutes. Customers can keep a credit card on file or choose another method.
Real-Time Insights and Analytics: Provides real-time dashboards and predictive analytics for cash flow, DSO, customer payment behavior, and credit risk. Reduces DSO, minimizes bad debt and write-offs with advanced credit risk and deductions management tools.
Key features of Gaviti’s autonomous invoice-to-cash A/R management platform include: A/R Analytics: A robust dashboard providing real-time insights into collections performance, enabling data-driven decisions to enhance the dunning process over time. This system helps identify patterns and proactively reduces future disputes.
Accelerated Collections Process Automated reminders and follow-ups ensure that customers are promptly notified of outstanding invoices, leading to quicker payments. This reduces the Days Sales Outstanding (DSO) and enhances the company’s cash position. Real-time cash flow visibility with advanced dashboards.
Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. In addition, after disputes are settled, customers should have the option of making payments directly through an integrated customer paymentportal. Customer Self-Service Portal.
Another way to address this is to use a paymentportal with many different payment options, allowing the customer to choose the payment method most comfortable for them without requiring any extra work from you. However, do you still find that your days outstanding, or DSO , is on the rise? Have a paymentportal.
Automating these processes not only enhances accuracy but also ensures timely collections, thereby improving cash flow and reducing the days sales outstanding (DSO). By leveraging dashboards and AI-powered analytics, businesses can monitor key metrics, identify trends, and make data-driven decisions to optimize their AR processes.
Make better credit decisions, lower DSO, and reconcile payments with near perfection. Gaviti Gaviti delivers 100% accuracy matching invoices to payments when customers use its Self-Service PaymentPortal, and a 95% rate of accuracy for all payments. Real-time dashboards reporting.
By centralizing data in one place, you’ll allow for A/R and finance teams as well as marketing, sales and procurement to see metrics such as days sales outstanding (DSO), unique KPIs and customer risk assessments. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.
Get the best Autonomous Invoice to Cash Solution out there Gaviti’s Autonomous Invoice to Cash streamlines your A/R processes and brings continuity and predictability to your company’s A/R, Make better credit decisions, lower DSO, and reconcile payments with near perfection. Self-Service Customer Portal.
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