Deductions Document Online Credit Application 
Your Virtual Credit Manager
JANUARY 9, 2024
More About Purchasing Credit Reports Automate Repetitive Issues As illustrated above, repetitive issues such as payment deductions or applying payments can become bottlenecks that require a process solution. However, repetitive issues can also just be something that is required to be done repeatedly.
Gaviti
APRIL 11, 2024
Are you offering enough or too much credit to customers? Document your findings: What have you learned after completing the analysis? For example, some might prefer to pay in person via credit or debit card. Credit management and monitoring. Disputes and deductions. How well are the existing terms working?
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Your Virtual Credit Manager
JANUARY 3, 2023
” This junk AR comes in a variety of forms, such as: Short payment/deductions Debit memos Unapplied credit memos Unapplied cash Late payment fees and other surcharges Early payment discounts taken but not deserved Clutter obscures the true amount a customer owes and causes confusion.
Gaviti
APRIL 18, 2024
It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Disputes and deductions. Credit management and monitoring. Send online credit applications to both existing customers and potential prospects.
Gaviti
APRIL 3, 2024
Document a process for how the company will deal with outstanding invoices. Documented internal escalation procedures should also include which levels of management and heads of departments (e.g. Use online credit applications to streamline the credit approval process. Disputes and deductions.
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