Gaviti

DECEMBER 28, 2023

It can ensure communication is clear and efficient, giving the customer important information such as the invoice amount, payment options, schedule, delivery date and purchase order in the invoice so that all of the data is available and in the same place. The ability to track and measure performance.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Collector 52

Gaviti

MARCH 27, 2024

In contrast with manual cash application, automated cash application can process invoices 24-7, reducing friction in the payment processing as they expand their customer base. Gain real-time visibility into the status of unpaid, unmatched and applied invoices and how they impact your A/R performance. It is more accurate.

Automated Cash Application 52

Automated Cash Application Cash Applicator DSO Invoice to Cash 52

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. Well, it’s not.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Emagia

DECEMBER 30, 2024

Advance Payment : Upon approval, the factor provides an advance payment, typically 70-90% of the invoice value. Collection : The factor takes over the collection process, contacting customers for payment when invoices are due. Automated Collections : Streamlines the collections process, reducing days sales outstanding (DSO).

Credit and Collections 40

Credit and Collections Days Sales Outstanding Deductions Credit Risk 40