SAP Credit Management

JANUARY 17, 2023

The workaround described in this document was created/designed based on project experience in Bosnia, Croatia, and Slovenia, countries/regions where down payment invoices are required for tax purposes. The following diagram outlines the steps in the Order-to-Cash (Sell-from-Stock) business scenario. Business Scenario.

Retail Companies 137

Retail Companies Invoice Amount Order to Cash Transactions 137

Emagia

APRIL 10, 2025

According to Deloitte, finance teams still spend 6070% of their time on transactional work instead of driving strategic insights. Emagia for CPG: Transforming Finance from Reactive to Autonomous Emagias Autonomous Finance Platform is purpose-built to help CPG finance teams leap ahead in the digital finance race.

Deductions 49

Deductions DSO Credit and Collections Cash Applicator 49

Your Virtual Credit Manager

FEBRUARY 27, 2024

In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular. The experts at Your Virtual Credit Manager can help you bring in the cash. Are there past due accounts you are trying to collect?

Accounts Receivable (AR) 130

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

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. Do not match unapplied credits with open deductions and debits unless there is documentation to relate them or you will be in violation of escheatment laws. A third benefit derives from the customer self-service and communication features of an EIPP platform.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

DECEMBER 19, 2023

Fresh memories and recent documentation facilitate the resolution process. That signed receipt is an important document should you have to go to court and proves you provided the debtor with notice. Therefore, your order documents, and subsequently invoice, need to match the customers PO.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Emagia

MARCH 3, 2025

Invoice matching is the process of verifying an invoice against related documents to ensure accuracy before processing payments. Automated Invoice Matching Software eliminates these inefficiencies by using AI, OCR, and machine learning to cross-check invoices with corresponding purchase orders and receipts. Why Choose Emagia?

Accounts Receivable (AR) 40

Accounts Receivable (AR) Dashboards Order to Cash Transactions 40

Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times. Invoices need to be generated and transmitted the same day as the transaction or at latest the morning following.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

The Esker Blog

MAY 16, 2023

So, here’s what we’ve come up with so far: Vision: We spend a lot of time and effort understanding the market and which functionalities are actually helpful to all stakeholders involved in a transaction. as part of a larger research document and should be evaluated in the context of the entire document.

Invoice to Cash 98

Invoice to Cash Cash Applicator DSO Credit and Collections 98

apruve

JULY 25, 2022

Leverages AI to flag transactions that may be a problem and to provide insights into customer behavior. Named as a Leader in Gartner’s 2022 Magic Quadrant for Integrated Invoice-to-Cash (I2C) Applications. Billtrust is a cloud-based platform focused on automating the order-to-cash cycle for mid-size businesses.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

TreviPay

JULY 30, 2024

B2B payment automation not only simplifies complex transactions but also ensures a more reliable and secure payment environment. B2B payment automation uses technology to manage business transactions without manual intervention. This efficiency is crucial in modern business transactions.

Invoice Disputes 52

Invoice Disputes Transactions Order to Cash DSO 52

Emagia

OCTOBER 17, 2024

They can provide personalized responses, address common queries, and even conduct transactions, significantly improving customer satisfaction while reducing operational costs. Automating Financial Documentation Generative AI can produce summaries and draft reports based on raw financial data.

Order to Cash 52

Order to Cash Transactions 52

TreviPay

MARCH 13, 2023

In the business-to-business (B2B) world , order and transaction values can be large. Such instances can complicate invoice processing operations , which in turn can negatively influence the order-to-cash (O2C) process. Besides the amount of debt owed, a debit note also lists other details relevant to the transaction.

Credit and Collections 52

Credit and Collections Transactions Order to Cash 52

Emagia

APRIL 23, 2023

Business can automate their accounts payable procedures and precisely record financial transactions because of this technique. Shorten the Order to Cash (O2C) Cycle with Digital Invoicing & Payments. AI-based Invoice OCR systems recognize critical data even in unidentified documents.

Order to Cash 52

Order to Cash Transactions Small Businesses 52

Emagia

NOVEMBER 21, 2023

As a longtime leader in the AI-based order-to-cash solutions industry, conferences around the world ask for Emagia representatives to appear and speak Artificial Intelligence, automation, and GenAI in finance.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

Emagia

AUGUST 19, 2024

Generative AI (GenAI), a more recent evolution in artificial intelligence, is poised to redefine the Finance and Accounting (F&A) landscape, particularly in areas like Order-to-Cash (OTC) and accounts receivable (AR) management.

Cash Applicator 52

Cash Applicator AR Automation Accounts Receivable (AR) Days Sales Outstanding 52

Emagia

JUNE 21, 2024

Empowering the credit team with intelligent Order-to-Cash (OTC) digital solutions is essential. Cloud-hosted document storage for easy access and reduced storage costs. When integrated with order-to-cash software, credit management teams can make more strategic decisions quickly.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit Scoring 40

Emagia

FEBRUARY 5, 2023

Enterprises that have large number of customers across regions and huge volume of invoices can manage cash application quickly and efficiently only with automated AR solutions. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

TreviPay

JULY 28, 2023

It is often used by businesses to send and receive documents, such as purchase orders (POs), invoices, contracts, and more. It improves the efficiency and speed with which organizations can communicate and transact with one another. This processing includes data entry, verification, approval, sending, and more.

Credit and Collections 52

Credit and Collections Order to Cash Transactions 52

billtrust

DECEMBER 20, 2022

Automation brings B2B opportunities for B2B transactions. Best practices and solutions for scaling cash application and to accelerate payments. Also, a recent study from Juniper Research has found the global transaction value of the B2B payments market will exceed $111 trillion in 2027. Share with your network: Mail.

AR Automation 52

AR Automation Digital Lockbox Cash Applicator Collector 52

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Trade promotions are often taken as deductions, but are better managed as separate transactions. Here a few insights to help with prioritization: If a customer takes one of your credit memos twice, it is easy to document this and secure reimbursement. The second is knowledge of your Order-to-Cash process.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Your Virtual Credit Manager

JANUARY 21, 2025

Large swaths of the order-to-cash (O2C) process involve credit and collection activities. Broadly defined, the credit’s contributions involve approving new customers for open terms and new orders at the front end of the O2C cycle. For more about approving orders, click here.

Order to Cash 130

Order to Cash Credit and Collections Bad Debt Accounts Receivable (AR) 130

TreviPay

OCTOBER 30, 2024

A successful order-to-cash (O2C) process will end with a payment. For B2B customers, applying cash to a specific invoice or transaction is crucial for on-time payments. As such, the customer will need to provide remittance advice to allow you to mark the proper A/R invoice or transaction as paid within your system.

Cash Applicator 111

Cash Applicator Credit and Collections Short Pay Order to Cash 111

Your Virtual Credit Manager

MARCH 18, 2025

In some cases, the cause has been a structural problem unrelated to their collectors’ efforts, situations caused by upstream issues in the order-to-cash (O2C) process. DSO ballooned because it became difficult for the collectors to document customer receivables and identify disputed items.

Collector 130

Collector Credit and Collections DSO Debt Collections 130

Your Virtual Credit Manager

DECEMBER 24, 2024

A key difference (besides volume of transactions) is the lack of labor specialization. Firms that specialize in the order-to-cash process can be a better fit, but they are typically geared to serving larger organizations. A lower investment in AR and improved cash flow.

Credit and Collections 130

Credit and Collections Collector Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

MARCH 11, 2025

Since then, there has been continuous improvement towards the holy grail of straight-through-processing (STP) across the order-to-cash (O2C) process. They combine document management, workflow, communications, payment mechanisms, and tracking in order to automate and digitize this vital juncture between vendors and customers.

Days Sales Outstanding 130

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

Emagia

FEBRUARY 12, 2025

In today’s digital world, traditional banking tools like checks still play a significant role in financial transactions. A crucial phrase youll encounter when dealing with checks is Pay to the Order of. The Meaning Behind Pay to the Order of This phrase traces its roots back to traditional banking practices.

Transactions 40

Transactions Order to Cash 40

Emagia

DECEMBER 30, 2024

Performing day-to-day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data. Creating reports and balance sheets that document overall profits and losses. Preparing bills, invoices, and bank deposits. How does Emagia help in accounts receivable management?

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Bad Debt 40