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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

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. One company that took a Six Sigma approach to eliminating deductions realized a 15 percent improvement to DSO.

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5 Tips for an Automated Cash Application Process

Gaviti

Allow for different cash application processes for customers depending on the invoice amount, method of payment, partial vs full payments, discounts and short pays, whether the company is domestic or international, and more. Track and report A/R performance metrics. Get a demo today.