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Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. Electronic Invoice Presentment and Payment (EIPP) provides considerable cost savings by reducing the number of mailed invoices.
These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses. These types of reports include cash flow forecasting, aging reports, DSO calculations, and A/R performance.
Share Streamlining Processes and Workflows Another area where being proactive can reduce downstream issues involves your order-to-cash (O2C) process and the tasks associated with it. Please feel free to share this newsletter with your small business customers. it just might help them pay you sooner!
Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements.
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