Your Virtual Credit Manager

JANUARY 10, 2023

Invoice errors delay payment approval by your customers and may also cause them to make payment deductions. Besides accuracy, make sure your invoice clearly displays the recommended 27 elements of an invoice. Price discrepancies are the leading cause of invoice disputes.

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Default 130

Emagia

MARCH 3, 2025

Cash Application Once payments are received, they must be recorded correctly and matched with the corresponding invoices to ensure accurate financial records. Dispute and Deduction Management Disputes arise due to billing errors, quality issues, or service discrepancies.

Days Sales Outstanding 40

Days Sales Outstanding DSO AR Reporting Credit and Collections 40

Your Virtual Credit Manager

MARCH 19, 2024

Collection activity: Document the instances of broken promises or payment agreements before speaking to the customer's management. Repeatedly Disputing Valid Invoices: A debtor who repeatedly disputes valid invoices without providing legitimate justification or supporting documentation is usually trying to delay payment.

Bulk Transfer 100

Bulk Transfer Credit and Collections Bankruptcy Third Party Collections 100

Gaviti

NOVEMBER 27, 2023

Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. In many cases, they lead to deductions, so your A/R team needs a process that supports deductions as well. What Is Invoice Dispute Management?

Invoice Disputes 52

Invoice Disputes Deductions Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

MARCH 11, 2025

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. it just might help them collect faster and pay you sooner.

Days Sales Outstanding 130

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