Your Virtual Credit Manager

DECEMBER 31, 2024

While emails are often used, phone calls can be more effective, especially for high-risk accounts. The most common fraud schemes include Business Email Compromise, changes to supplier information, and account takeovers. Preventing email comprpomise requires verification of changes (payment details, shipping address, etc.)

Collector 130

Collector Credit and Collections Bad Debt High-Risk Accounts 130

Your Virtual Credit Manager

JANUARY 17, 2023

It is important to keep in mind that trade credit — selling on terms in a B2B environment — is greatly affected by the transactional process. it just might help them pay you sooner! When changing the commission structure represents a major change for the Salesforce, a graduated approach over one or two quarters is recommended.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Emagia

JANUARY 2, 2025

For example, AI can flag high-risk accounts, giving the AR team the information they need to prioritize collections. Cash Application Automation Cash application involves matching incoming payments with outstanding invoices, which can be a complex and time-consuming task.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Collections Cash Applicator Automated Cash Application 40

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. This enables companies to focus their collection efforts more effectively and prioritize high-risk accounts.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Cash Applicator 52

Emagia

FEBRUARY 14, 2025

Prioritization of Collection Efforts: Using analytics to focus on high-risk accounts and optimize collection strategies. Remittance Processing: Handling various remittance formats to ensure accurate and timely cash posting. Determining automation requirements based on transaction volume and complexity.

Days Sales Outstanding 40

Days Sales Outstanding DSO Credit and Collections Cash Applicator 40