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

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. Also, are you leaving money on the table by not being aggressive enough with your goal? That’s a pretty good trifecta.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

JANUARY 17, 2023

The sales team learned very quickly that eliminating the friction from the billing and payment processes facilitated earlier customer payments, hence larger commissions. The bottom line was a 13 percent reduction in Days Sales Outstanding (DSO) over a 6 month period in conjunction with invoice accuracy rising above 90 percent.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

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)? The short version is: yes.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections B2B Credit 52

Gaviti

JULY 11, 2024

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.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Emagia

FEBRUARY 5, 2023

Businesses need quick order to cash conversion that is supported by an efficient account receivable processes. Cash flow and working capital benefit substantially from a reduced days sales outstanding (DSO) achieved with the help of AR automation tool.

AR Automation 52

AR Automation Days Sales Outstanding 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

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. Bild What can our AR solutions do for you? section-marketo-background').length>0){

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Your Virtual Credit Manager

APRIL 11, 2023

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. Any O2C friction that results will ultimately have a negative affect on AR performance. An under performing AR.

Bad Debt 130

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

Gaviti

SEPTEMBER 19, 2022

Monitoring AR metrics like days sales outstanding ( DSO ) is one of the best places to start. There’s a reason that DSO is a critical metric for finance teams: It’s telling of the order to cash cycles and cash flows, directly impacting the financial health of firms.

AR Automation 52

AR Automation AR Metrics DSO Accounts Receivable (AR) 52

Emagia

MAY 25, 2023

The Formula of the Cash Conversion Cycle (CCC) and How to Calculate It Calculating the CCC is crucial for companies aiming to monitor cash flow, inventory management, and sales realization since it assists in assessing their operational efficiency and financial performance. This can result in inefficiencies and a lengthier CCC.

DSO 52

DSO Days Sales Outstanding Brokerages Order to Cash 52

Serrala

MARCH 14, 2024

Serrala helps you reduce the burden of financial management on your teams with intelligent invoice-to-payment, invoice-to-cash and treasury automation solutions that unify your business’s finances, boost decision velocity, and let you apply working capital quickly and accurately to strategic and tactical concerns.

DSO 52

DSO Invoice to Cash Days Sales Outstanding Credit and Collections 52

Emagia

JANUARY 22, 2023

CFOs and finance leads must review the day-to-day activities throughout the finance and accounting to understand what can, or should, be automated so that the appropriate tools can be implemented. Automation helps the bottom line and cash flow: Let us take an example of how AR automation can help the company in multiple ways.

AR Automation 52

AR Automation Days Sales Outstanding Order to Cash DSO 52

Emagia

AUGUST 19, 2024

Generative AI (GenAI), a more recent evolution in artificial intelligence, is poised to redefine the Finance and Accounting (F&A) landscape, particularly in areas like Order-to-Cash (OTC) and accounts receivable (AR) management.

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 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. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations.

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. It’s going to help customers avoid payment problems and this in turn reduces Days Sales Outstanding (DSO) and increases cash flow at organisations.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52