Credit Management Group UK

FEBRUARY 1, 2023

Enquire Now Order to Cash Process £99 per person Running W/c 27th March W/c 26th June W/c 25th September Start time will be 10am To upskill delegates on the commercial aspects of running a business and the ‘Order to Cash’ process to improve their cash flow and reduce risk of bad debt.

Bad Debt 96

Bad Debt Credit and Collections Order to Cash Credit Management 96

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

SAP Credit Management

SEPTEMBER 13, 2023

You will want to hear all about the dustbins and the food, and maybe about the content of some of presentations. Before I get going, I am going to do my usual disclaimer that I am going to be just regurgitating the notes I made against each presentation I attended. Sausage Day One Dustbins They were great. They do remember stories.

Transactions 198

Transactions Order to Cash 198

Your Virtual Credit Manager

JANUARY 3, 2023

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.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

MAY 7, 2024

Presentation of the invoice in a mode acceptable to the customer — Each customer can have different requirements for invoice delivery. In many cases, customers now want you to send a digital invoice (aka: an E-Invoice) via email or to their Invoice Portal in order to facilitate automated processing on their end.

Credit and Collections 130

Credit and Collections Credit Risk Credit Management Order to Cash 130

Emagia

JANUARY 2, 2025

In this blog, we will explore the crucial role AI plays in accounts receivable, how it can benefit businesses, and the challenges it presents. However, the long-term benefits in terms of increased efficiency, accuracy, and cash flow often outweigh the initial investment. What is Accounts Receivable?

Accounts Receivable (AR) 40

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

SAP Credit Management

AUGUST 15, 2023

It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. We can configure SAP Sales order pricing for the same product & customer based on Sales Area. Sales Area is more than just an assignment.

Revenue Recognition 111

Revenue Recognition Default Order to Cash Credit Management 111

Your Virtual Credit Manager

JUNE 25, 2024

In order to maintain optimal cash flow, your accounts receivable (AR) portfolio needs to remain in good shape. That can be a constant battle because all the mis-steps made during the order-to-cash (O2C) process will accumulate in your AR, and given time, clog it up.

Bad Debt 130

Bad Debt Credit and Collections Days Sales Outstanding DSO 130

Your Virtual Credit Manager

DECEMBER 19, 2023

Besides providing invoice presentment, most EIPP platforms will also provide automated dunning notices so you can easily follow up on late payments (you will still need to make calls to some laggards) as well as provide cash flow insights in regard to scheduled payments.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Gaviti

DECEMBER 18, 2024

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.

Collection Effectiveness Index 52

Collection Effectiveness Index DSO Credit and Collections Invoice to Cash 52

Your Virtual Credit Manager

MARCH 12, 2024

Share You must be a paid subscriber to continue reading this article and learn how addressing customer analysis, customer experiences and order-to-cash process improvement is necessary to the modernization and digital transformation of trade credit Customer Analysis The first task Deloitte recommends involves customer analysis.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

Your Virtual Credit Manager

JANUARY 9, 2024

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!

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

APRIL 11, 2023

In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. That all the above consequences can present themselves simultaneously, only makes the downside worse. Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it.

Bad Debt 130

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

Your Virtual Credit Manager

MAY 30, 2023

Do you need help with your order-to-cash process? The smaller the business the more they will handle bills like a consumer, which is why payment links are an effective way to get paid faster. Your Virtual Credit Manager can help you set up best practice invoicing and remittance processing ptrotocols.

Electronic Funds Transfer 130

Electronic Funds Transfer Credit and Collections Vendor Portals Order to Cash 130

Credit Management Group UK

JUNE 16, 2024

Throughout my years in commercial credit management, I have identified several mistakes that companies make within their order to cash process; mistakes that are often very small and easily fixed; make enough of them, however, and you could find your cash flow isn’t flowing the way you would like it to.

Credit Management 101

Credit Management Credit and Collections Order to Cash Credit Risk 101

Emagia

MARCH 3, 2025

Challenges in Implementing SOFR While SOFR offers numerous advantages, its implementation has presented challenges: Lack of Term Structure : Initially, SOFR was an overnight rate without forward-looking term rates, complicating its use in products requiring term benchmarks.

Transactions 40

Transactions Credit Risk Order to Cash 40

TreviPay

OCTOBER 2, 2024

TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure. Headquartered in Paris, Allianz Trade is present in over 50 countries with 5,700 employees. In 2023, our consolidated turnover was € 3.7

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

TreviPay

JUNE 13, 2023

With the worlds of B2B and B2C blurring, Bonde explores how presenting payment options and tailoring the checkout experience underscores the idea that loyalty begins at the payment. Here’s a recap of the conversation. New buyers seek instant credit approval to facilitate their initial transactions.

Order to Cash 52

Order to Cash Transactions B2B Credit 52

Onguard

DECEMBER 9, 2022

The amount of data available makes it possible for a finance professional to actually look at past and present. Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. Descriptive: or the descriptive use of big data.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

Onguard

DECEMBER 9, 2022

The amount of data available makes it possible for a finance professional to actually look at past and present. Is it then that the technology is still not valuable for the order-to-cash process? In fact, RPA is already transforming the order-to-cash process today. Big data and order-to-cash.

Order to Cash 52

Order to Cash Days Sales Outstanding DSO Credit Management 52

Emagia

JANUARY 22, 2023

Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow. By adopting emerging technologies like AI, ML, and Automation, such time-consuming and mundane tasks can be automated.

Days Sales Outstanding 52

Days Sales Outstanding AR Automation Order to Cash DSO 52

Emagia

SEPTEMBER 27, 2023

Credit professionals were particularly interested in cash app solutions as well as ChatGPT and Emagia’s brand new GiaGPT , which became the first generative AI order-to-cash copilot on the market upon the release of its free beta version on Sept.

B2B Credit 52

B2B Credit Credit and Collections Order to Cash Cash Applicator 52

TreviPay

JANUARY 7, 2023

The result is not only more reliable working capital, but increased share of wallet and loyalty from buyers, which translates to increased cash flow. Net terms provide greater purchasing flexibility when cash is short. They can then focus the rest of their time on more critical tasks.

DSO 59

DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

aptic

APRIL 13, 2022

This diverse spectrum of providers also presents new regulatory questions and challenges. It can handle all types of factoring products, recourse, and non-recourse, invoice discounting, supply chain finance, sales ledger administration, in brief – everything from order to cash! As a user, you adapt CLVR to your business.

Order to Cash 52

Order to Cash 52

Emagia

JANUARY 31, 2024

The results indicated the most successful use cases for automation were reported to be Process-to-Pay followed by Order-to-Cash. Notably, the survey underscored the triumphs in automation deployment, with Process-to-Pay emerging as the most successful use case, closely followed by Order-to-Cash.

Shared Service 52

Shared Service Global Business Services Order to Cash Shared Service Center 52

Emagia

FEBRUARY 5, 2023

Businesses need quick order to cash conversion that is supported by an efficient account receivable processes. Our next-generation intelligent Enterprise Receivables Management System (ERMS) uses the “3A trifecta” of Automation, Analytics, and AI to drive efficiency across the Order-to-Cash (O2C) process.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Emagia

OCTOBER 17, 2024

Ethical Considerations and Bias Mitigation Since GPTs and LLMs learn from vast datasets, they can inherit biases present in that data. GiaGPT is a generative AI solution developed by Emagia specifically for finance operations, especially within order-to-cash processes.

Order to Cash 52

Order to Cash Transactions 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. section-marketo-background').length>0){ length>0){ jQuery('.mktoFormRow','fieldset[data-wrapper-for~="col1"]').each(function(i,

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

Emagia

JANUARY 3, 2023

The present technology is making automation possible for each business operation and back-office function, thus reducing or eliminating human involvement in various routine, manual, and low-value activities. Cash application has a substantial impact on cash flow, which is arguably the most critical element in a business.

Cash Applicator 52

Cash Applicator Automated Cash Application DSO Credit and Collections 52

TreviPay

JANUARY 12, 2024

Global trade has always presented opportunities. Alternative payments There are a wide range of alternative payment methods available at present. Today, 11 billion tons of goods are shipped each year. This amounts to an average of 1.5 tons per person. However, there have always been challenges, too.

Credit Card Payments 52

Credit Card Payments Alternative Payment Methods Transactions Order to Cash 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. EDIs rely on set standards of data storage and presentation to ensure information is accurately extracted when sent. For example, the invoice number or date format needs to be consistent.

Credit and Collections 52

Credit and Collections Order to Cash Transactions 52

Serrala

MARCH 14, 2024

Read more automated billing systems and flexible digital payment options help you to manage customer habits for a streamlined cash collection process: meeting them where they are with simple to use digital options and fully automated systems of reminders that allows for proactive communication and easier maintenance of financial stability.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 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

FEBRUARY 2, 2024

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.

B2B Credit 52

B2B Credit Credit and Collections Credit Application Credit Management 52

Emagia

APRIL 30, 2023

Understanding permanent and temporary accounts can help firms create budgets that accurately reflect their present condition and objectives. Improved Budgeting Accounts that are properly categorized help a corporation allocate resources more effectively to meet its goals.

Credit and Collections 52

Credit and Collections Transactions Order to Cash 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats.

Credit and Collections 52

Credit and Collections Bad Debt Default Credit Risk 52

Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Our solutions help you to create smooth and reliable AR environment that makes it easy for you to account for all invoices and incoming payments across all formats.

Credit and Collections 52

Credit and Collections Bad Debt Default Credit Risk 52