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Accelerate Collection of Receivables: Strategies to Streamline Invoice to Cash

Gaviti

Add the PO number if there is one to the invoice and check the instructions on the PO.contrat to make sure that the invoice is recorded by your client and added to the payment queue. The post Accelerate Collection of Receivables: Strategies to Streamline Invoice to Cash appeared first on Gaviti.

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The 5 Best Collections Email Templates

Gaviti

Example #1 Subject: Payment Reminder: [Invoice Number} Due on [Due Date] Hi [Client’s First Name], I hope all is well. I wanted to give you a friendly reminder that payment for [Invoice Number ] in the amount of [Invoice Amount] is due on [Due Date] I wanted to take a moment to confirm the payment terms and make sure that everything is clear.

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Technological Solutions for Humanizing and Personalizing Dispute Management

Gaviti

For example, if a customer disputes the amount of the invoice, it could be due to a number of factors. An A/R invoice-to-cash platform also helps facilitate the human element of dispute management if it can: Ensure continuous communication between your customer and A/R team. A streamlined approach to dispute management.

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5 Tips for an Automated Cash Application Process

Gaviti

This ebook will help you understand the common and not-so-common components accounts receivable software as defined by the Gartner recommended core solutions of integrated invoice-to-cash (I2C) applications. Proactively manage A/R according to predictions of future behavior, such as which companies are more likely to pay late.

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How to Reduce Collection Calls With A/R Automation Software

Gaviti

It can ensure communication is clear and efficient, giving the customer important information such as the invoice amount, payment options, schedule, delivery date and purchase order in the invoice so that all of the data is available and in the same place.