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. A chemical distributor did just this by providing Sales with a dashboard to monitor their region’s receivables portfolio. Calculations were included for customer margins and profitability.

Credit and Collections 130

Credit and Collections Past Due Invoices Collector Deductions 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). By leveraging dashboards and AI-powered analytics, businesses can monitor key metrics, identify trends, and make data-driven decisions to optimize their AR processes.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

Emagia

DECEMBER 3, 2024

Industries with High Transaction Volumes Certain industries deal with thousands—or even millions—of transactions every month. Retail and Consumer Goods: In industries with thin margins and high transaction volumes, every day of delay impacts cash flow. Let’s explore.

Days Sales Outstanding 52

Days Sales Outstanding DSO Revenue Recognition Credit and Collections 52

Gaviti

MARCH 21, 2023

While this may result in small transaction fees or tracking difficulties, at least you will be collecting the money that is owed for goods and services rendered. However, do you still find that your days outstanding, or DSO , is on the rise? Work with the customer and see if you can come up with an alternative payment method.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

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 HighRadius Apart.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

Gaviti

FEBRUARY 5, 2024

This release features the innovative Cash Application module, significant Credit Management enhancements, and the introduction of Gaviti Pay – a versatile payment gateway for streamlined, secure transactions. Customers who activate this module experience a decrease in the DSO of 35%, and an increase in the rate of paid invoices.

Cash Applicator 52

Cash Applicator Dashboards DSO Credit and Collections 52

Gaviti

SEPTEMBER 2, 2024

ERP dunning emails are transactional emails sent to customers with their account and invoice information to remind them of their due payments. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. What are ERP Dunning Emails? It isn’t intuitive. Data-driven. More accurate.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

SEPTEMBER 2, 2024

ERP dunning emails are transactional emails sent to customers with their account and invoice information to remind them of their due payments. VP of Sales) and escalations to the customer can help reduce your DSO. See your DSO drop within a few months. What are ERP Dunning Emails? It isn’t intuitive. Data-driven. More accurate.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Gaviti

MARCH 3, 2024

For example, IBM was able to adopt RPA to assist transactional pricers in determining the pricing of high-volume IBM software subscriptions, renewals and upgrades to sellers, saving them over 4,800 manual hours annually. This helps to speed up the entire invoice-to-cash cycle, reducing Days Sales Outstanding (DSO) and improving cash flow.

DSO 52

DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

Gaviti

MARCH 6, 2023

They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. Bank integration directly impacts how efficient and successful payments and transactions are processed. Cash application solutions are an integral part of financial operations.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Emagia

DECEMBER 30, 2024

Automated Collections : Streamlines the collections process, reducing days sales outstanding (DSO). Enhanced Visibility : Offers comprehensive dashboards for monitoring factoring transactions and cash flow. Integrated Platforms : Seamlessly connects with existing financial systems for real-time data synchronization.

Credit and Collections 40

Credit and Collections Days Sales Outstanding Deductions Credit Risk 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. The platform emphasizes data visualization, providing intuitive dashboards that facilitate informed decision-making.

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52