Gaviti

JUNE 10, 2024

You’ll want to offer the right technology to ensure your customer payment data and information is secure, yet also provide a wide range of payment methods at the same rates your customers are used to. One solution to this may be to implement multi-payment gateways. Help automate the A/R process. Cash Application.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Gaviti

JULY 11, 2024

This in turn fosters greater collaboration among teams and the ability to make more informed decisions. Automate the matching of invoices to payments, eliminating human error involved with manual matching and accelerating the bank reconciliation process. Disputes and deductions. Having a proactive collections strategy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

OCTOBER 10, 2024

A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cash application and disputes and deductions. Its AI copilot works throughout the entire solution both to gather information, optimize text and workflows, and make proactive suggestions for improvement.

Invoice to Cash 52

Invoice to Cash Credit and Collections Payment Portals DSO 52

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. Disputes often lead to two different types of deductions: earned and claims.

Invoice Disputes 52

Invoice Disputes Deductions Credit and Collections Invoice to Cash 52

Gaviti

FEBRUARY 18, 2024

It’s important to receive regular risk assessments for your customers to verify their creditworthiness and extend credit to them based on their payment history, not out of courtesy. Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

FEBRUARY 18, 2024

It’s important to receive regular risk assessments for your customers to verify their creditworthiness and extend credit to them based on their payment history, not out of courtesy. Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate.

Credit and Collections 52

Credit and Collections Deductions Collector Payment Portals 52

Gaviti

APRIL 3, 2024

Make paying as easy as possible by giving customers many payment options, including credit or debit cards, digital payments, check, bank transfers, etc. Self service customer payment portals also offer another convenient payment channel that minimizes errors, encourages timely payments and improves overall customer satisfaction.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

FEBRUARY 20, 2023

It can also happen when a customer is credited with too much money, leading to an overpayment that is not deducted from their total outstanding balance. But if the amount is not applied to an invoice or deducted from their total outstanding balance, this can lead to a negative account balance in your books.

Credit and Collections 52

Credit and Collections Bad Debt Deductions Payment Portals 52

Fundera

JULY 19, 2018

To ensure compliance, you’ll need to file these forms and note any pertinent deductions online through each state revenue department or tax office’s respective website. If you run a custom-built website or payment portal, you should get in contact with your webmaster or developer immediately to integrate support for different sales tax rates.

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Payment Portals Transactions Deductions 52