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.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Gaviti

DECEMBER 18, 2024

Accounts receivable reporting software refers specifically to the elements of A/R that present data and analytics in the form of an accounts receivables report. DSO , collection effectiveness index), cash flow forecasting, customer payment behavior analysis, and dispute and deduction tracking.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

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.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Gaviti

APRIL 3, 2024

Use a credit monitoring tool to example customers’ past payment history and require stricter payment terms and implement tighter escalation processes for customers who present a higher credit risk. Companies who have a history of better credit can be trusted more to make timely payments. Disputes and deductions.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52