Your Virtual Credit Manager

FEBRUARY 27, 2024

Inefficient Cash Flow Management : Delays in credit approvals or ineffective collection efforts can lead to an increase in DSO (Days Sales Outstanding), impacting working capital and liquidity. Leverage Technology: Utilize technology to track progress, enhance transparency, and streamline O2C processes.

Accounts Receivable (AR) 130

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

Emagia

FEBRUARY 21, 2025

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. Audit trails to track every AR transaction securely.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Days Sales Outstanding DSO 40

Emagia

MARCH 10, 2025

In the FMCG sector, where transaction volumes are high, efficient cash application ensures that accounts receivable are updated promptly, reducing days sales outstanding (DSO) and improving working capital. Can automation reduce DSO (Days Sales Outstanding) in FMCG?

Cash Applicator 40

Cash Applicator Days Sales Outstanding DSO Automated Cash Application 40

Emagia

DECEMBER 30, 2024

The Role of Debits and Credits in Accounting In accounting, debits and credits are fundamental concepts used to record transactions. Debits (Dr) and credits (Cr) are entries made in account ledgers to reflect changes in value due to business transactions. Frequently Asked Questions Is accounts receivable a debit or credit?

Accounts Receivable (AR) 40

Accounts Receivable (AR) Days Sales Outstanding Credit and Collections Bad Debt 40

Emagia

MARCH 3, 2025

Invoice Generation and Delivery Invoices should be accurate, detailed, and sent promptly after the transaction. High Days Sales Outstanding (DSO) Regularly analyze DSO metrics and adjust credit policies accordingly. What is Days Sales Outstanding (DSO) and why is it important?

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Emagia

FEBRUARY 20, 2025

AI-Powered Analytics Emagia leverages AI to provide real-time insights into key AR metrics, such as Days Sales Outstanding (DSO) , collections performance, and cash flow forecasting. Key Features of Emagia’s AR Automation Solution 1. Why Choose Emagia for AR Automation? Which Industries Benefit the Most from AR Automation?

AR Automation 40

AR Automation AR Metrics Accounts Receivable (AR) Days Sales Outstanding 40

Your Virtual Credit Manager

SEPTEMBER 10, 2024

Consequently, Days Sales Outstanding (DSO) increased by almost 50 percent with customer delinquency deteriorating so much that this supplier’s borrowing capacity under its asset-based credit facility was severely restricted. Customers refused to pay as billed, frequently demanding corrected invoices.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

Grit

MAY 26, 2024

Automated systems can handle large volumes of transactions with minimal human intervention, reducing the time and effort required for manual processing. The assigned employee can oversee all transactions and communications with their designated group, providing tailored support and promptly addressing customer needs.

Collection Effectiveness Index 90

Collection Effectiveness Index Days Sales Outstanding Credit and Collections Bad Debt 90

Lockstep

JULY 20, 2022

With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). While accepting credit cards may carry separate processing fees, many payment providers allow you to include surcharging fees to cover these transaction costs directly. .

Electronic Funds Transfer 87

Electronic Funds Transfer DSO Days Sales Outstanding AR Automation 87

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. If you want to get paid faster, you better be giving your customers an e-invoice.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Gaviti

DECEMBER 20, 2022

This includes tracking all data transfers, reviewing transaction logs, and checking for any discrepancies or errors that may arise. 30% improvement in days sales outstanding. Take the time to help them understand how the two systems work together so they can get the most of them going forward. Better Customer Service.

Days Sales Outstanding 98

Days Sales Outstanding Credit and Collections Transactions 98

TreviPay

DECEMBER 23, 2024

B2B transactions are often complicated, with friction and complexity slowing down operations. Our composable Order-to-Cash process is designed to streamline the process, drive higher Average Order Value (AOV) and reduce Days Sales Outstanding (DSO).

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Transactions 52

Emagia

FEBRUARY 3, 2025

Communication Gaps : Poor communication between the business and the customer can lead to misunderstandings regarding the terms and expectations of the transaction. Impact: Increased Days Sales Outstanding (DSO). Here are some of the key challenges businesses face when managing disputes in accounts receivable: 1.

DSO 40

DSO Accounts Receivable (AR) Days Sales Outstanding Transactions 40

The Esker Blog

FEBRUARY 21, 2023

The answer to this question is crucial in any business transaction, it can be the source of tension between suppliers and their customers, and can even make or break the health of a supply chain. It’s easy to break down and analyze data for a handful of supplier/customer transactions.

Days Sales Outstanding 52

Days Sales Outstanding Accounts Receivable (AR) DSO Transactions 52

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). Importance of Automating Accounts Receivable In today’s fast-paced business environment, manual AR processes can lead to delays, errors, and inefficiencies.

AR Automation 40

AR Automation Credit and Collections Cash Applicator DSO 40

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.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

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

lsq

JUNE 24, 2024

Benefits for Clients Extended Days Payable Outstanding (DPO) Buyers can negotiate longer payment terms without negatively impacting their suppliers. Reduced Days Sales Outstanding (DSO) Suppliers receive payments more quickly, even if buyers extend their payment terms.

Accounts Receivable (AR) 52

Accounts Receivable (AR) Days Sales Outstanding DSO Credit Risk 52

Serrala

MARCH 14, 2024

Stay secure and compliant Turn any channel into a payment channel Make the entire payment process real-time Improve your customer experience Integrate payments from request to reconciliation Clarity for sender and receiver Reduce your collections costs by 30-50% and lower total days sales outstanding by 1-2 days.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Default 52

Emagia

FEBRUARY 5, 2023

The automation we talk about here is not just automating transactions using RPA, but intelligent automation using AI, NLP, and ML technologies that can read any kind of payment data from any document formats and match them with the entries in bank statement.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

TreviPay

JULY 2, 2024

Better Analytics Embedded payments can provide transaction data and payment information that is useful for improving your understanding of customer behavior. You can prioritize particular products, create personalized offers or marketing campaigns and carry out other activities that further increase sales.

Days Sales Outstanding 52

Days Sales Outstanding DSO Transactions 52

Onguard

JULY 25, 2024

3 DSO on the rise in Europe A high Days Sales Outstanding (DSO) means that it takes longer for a company to collect money from its customers after making a sale. More than one in three finance professionals say they would like to digitise more within the finance department but are being held back by the IT department.

Credit Management 52

Credit Management DSO Days Sales Outstanding Credit and Collections 52

TreviPay

AUGUST 27, 2024

The importance of accounts receivable outsourcing has grown as modern businesses begin to identify the need for experts to manage financial transactions to maintain healthy cash flow. Advanced A/R automation solutions like TreviPay can help provide innovative technologies to increase transaction speed and accuracy of financial data.

Credit and Collections 52

Credit and Collections Days Sales Outstanding Invoice Disputes Credit Risk 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash (Invoice-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 Invoice-to-Cash solutions do for you?

DSO 52

DSO Invoice to Cash Days Sales Outstanding Insurance Companies 52

Emagia

AUGUST 19, 2024

Traditional manual AR processes, particularly cash applications, are often cumbersome, error-prone, and inefficient, especially for businesses handling a high volume of transactions. By adopting AI-powered cash application automation, organizations can streamline operations, mitigate risks, enhance accuracy, and ultimately improve cash flow.

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 52

apruve

AUGUST 30, 2022

However, ACH transactions require more time and administrative steps than some of the real-time payment models recently introduced. With funds transferred via ACH typically not available for two to three business days, it’s likely that many businesses will transition directly to newer B2B payment models and bypass ACH.

Days Sales Outstanding 52

Days Sales Outstanding DSO Transactions 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.

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?

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Emagia

JUNE 19, 2023

Invoices serve as a record of transactions between businesses and clients. Invoices record all the transactions that a business makes with its customers. An invoice is a vital record of sale that is required to have. This number lets corporations identify transactions pertaining to their corresponding clients.

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Days Sales Outstanding 52

TreviPay

AUGUST 11, 2023

Fraud prevention Secure electronic payments are especially important with B2B payments because of the large transactions involved. They do this by centralizing transaction data for quick access and analysis and minimizing manual processing errors. They can be used for both domestic and global transactions.

Credit Card Payments 52

Credit Card Payments Accounts Receivable (AR) Days Sales Outstanding Transactions 52

Emagia

MAY 8, 2023

Trade references can provide important details about previous transactions and payment histories that can shed light on a customer’s propensity for making on-time payments. If a company has established credit lines with suppliers, it may ask for a thorough accounting of all transactions. How to Get a Trade Reference?

Credit Scoring 52

Credit Scoring Bad Debt Days Sales Outstanding Credit Reporting Agencies 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

TreviPay

MARCH 20, 2023

Factors for evaluating creditworthiness Average days sales outstanding (DSO) needs to be balanced against supplier terms so that your cash flow remains steady. You can also call a businesses’ references and creditors directly or view their financial statements as part of the credit application.

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

apruve

OCTOBER 5, 2022

With bill payable trade credit, the seller and buyer transact with a middleman, which is the buyer’s bank. Apruve automates high volume, routine invoicing for B2B enterprises by combining trade credit automation with guaranteed next-day financing on all open invoices. Provides a fixed date for loan repayment and interest.

Credit and Collections 52

Credit and Collections Days Sales Outstanding Default DSO 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. A/R managers can improve the collections process based on data and performance, deliver the highest impact to your A/R team, leading to lower days sales outstanding (DSO) and improved cash flow.

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. A/R managers can improve the collections process based on data and performance, deliver the highest impact to your A/R team, leading to lower days sales outstanding (DSO) and improved cash flow.

Collections Automation 52

Collections Automation DSO Days Sales Outstanding Dashboards 52

Emagia

JANUARY 31, 2025

Invoice matching is a critical aspect of accounts receivable (AR) management, helping businesses ensure the accuracy of their financial transactions. This is the simplest form of matching and is commonly used for straightforward transactions. Three-Way Matching : This process compares the PO, the goods receipt, and the invoice.

Average Days Delinquent 40

Average Days Delinquent DSO Accounts Receivable (AR) Days Sales Outstanding 40