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

Gaviti

DECEMBER 18, 2024

As a result, your accounts receivable reporting software offers a number of specific benefits, including: Better cash flow management. Having the most accurate customer data at your fingertips allow you to identify high-risk accounts and prioritize your collection efforts to optimize cash flow.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. 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

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)?

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

Emagia

FEBRUARY 14, 2025

Prioritization of Collection Efforts: Using analytics to focus on high-risk accounts and optimize collection strategies. Remittance Processing: Handling various remittance formats to ensure accurate and timely cash posting. Determining automation requirements based on transaction volume and complexity.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40