Remove Deductions Remove Default Remove Invoice Disputes
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Eliminate These Four Barriers to Payment

Your Virtual Credit Manager

Photo by Patrick Hendry on Unsplash Although defaults resulting in significant bad debt losses are a rare event for trade creditors, much of the focus of AR Management is on credit risk. While the impact of defaults can be severe, late payments are very common though their impact less visible.

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What is Accounts Receivable Process Cycle? A Comprehensive Guide

Emagia

Dispute and Deduction Management Disputes arise due to billing errors, quality issues, or service discrepancies. A structured dispute resolution process minimizes delays in payment collection. Late payments, invoice disputes, high DSO, and inefficient manual processes are common challenges.

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What Triggers Your Collection Efforts?

Your Virtual Credit Manager

Repeatedly Disputing Valid Invoices: A debtor who repeatedly disputes valid invoices without providing legitimate justification or supporting documentation is usually trying to delay payment. You will need to determine if a default is imminent or down the road.

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The Case for Electronic Invoice Presentment and Payment

Your Virtual Credit Manager

From an accounts receivable (AR) perspective, digitization began accelerating in the late eighties with the introduction of tools that could help with financial analysis followed by collection, deduction management, and remittance processing software in the nineties. Do you need help improving cash flow?