Your Virtual Credit Manager

MAY 23, 2023

However, the open terms associated with trade credit transactions are typically short-term, so those accounts that honor your terms will naturally be considered good customers. For these reasons, tracking individual customer profitability is something we recommend as an Order-to-Cash best practice.

Bad Debt 49

Bad Debt Credit and Collections Deductions Invoice Amount 49

Credit Research Foundation

APRIL 12, 2024

In essence, the customer has payment options that, coupled with today’s digital platforms, provide a seamless opportunity in the order-to-cash process. In many cases the customers will choose the option that provides them with the greatest value, and when offered, gives the supplier a competitive advantage against its competition.

Credit Card Companies 195

Credit Card Companies Bad Debt B2B Credit DSO 195

The Corcentric Blog

MAY 22, 2023

For finance executives seeking to streamline the complicated order-to-cash processes, software automation solutions provide a viable option. A complete automation workflow will significantly reduce the number of human touchpoints in the order-to-cash process and elevate systems accuracy.

Order to Cash 40

Order to Cash Accounts Receivable (AR) Invoice Collections Cash Applicator 40

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. 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

The Corcentric Blog

MAY 22, 2023

Oftentimes, investments in accounting applied technologies, such as accounts receivable cash application, fail to recognize the extensive value that these applications bring in terms of scalability, efficiency and accuracy. In addition to operational efficiencies, an optimized order-to-cash system also offers financial benefits.

Order to Cash 40

Order to Cash Cash Applicator Credit and Collections Transactions 40

SAP Credit Management

SEPTEMBER 25, 2023

With SAP Watch List Screening, business users can focus on evaluating potential risks on an exception basis, allowing the majority of transactions to flow through uninterrupted. So why not try it?

Order to Cash 176

Order to Cash Transactions 176

The Corcentric Blog

MAY 22, 2023

At the heart of the order-to-cash (O2C) cycle lies an efficient collections platform that facilitates the accounts receivable process and ensures that accounts are updated in a timely manner. Collections success rate plays an essential role in any Corp-to-Corporation (C2C) business.

Order to Cash 40

Order to Cash Transactions 40

The Corcentric Blog

MAY 22, 2023

Order-to-cash (OTC) software applications are complex implements that require comprehensive integration for comprehensive optimization and performance. Additionally, the system must be able to track and record customer-client related transactions to facilitate accurate reporting and projected long-term growth.

Order to Cash 40

Order to Cash Credit Management Transactions 40

Emagia

DECEMBER 3, 2024

The Emagia Autonomous Finance Platform is a cutting-edge solution that helps organizations achieve these goals by automating and streamlining critical financial processes, particularly in the Order-to-Cash (O2C) cycle. Emagia automates invoicing and deduction management, ensuring faster cash realization. Let’s explore.

Days Sales Outstanding 52

Days Sales Outstanding Revenue Recognition DSO Credit and Collections 52

Emagia

DECEMBER 4, 2024

In today’s fast-paced business world, managing financial operations efficiently is critical for companies that deal with high transaction volumes, complex payment cycles, and diverse customer bases. By enhancing cash flow and optimizing working capital, Emagia helps manufacturers focus on production and innovation. Why Choose Emagia?

Revenue Recognition 52

Revenue Recognition Credit and Collections Days Sales Outstanding Deductions 52

Your Virtual Credit Manager

MARCH 13, 2023

World class receivables management involves efficiently converting orders to cash while minimizing profit dilution. Many times companies find it challenging to do this, and when that happens, working capital and cash flow are impacted.

Credit Management 130

Credit Management Small Businesses AR Automation Credit and Collections 130

Emagia

APRIL 10, 2025

Cash flow forecasting remains highly inaccurate, especially during peak seasons and launches, costing companies millions in working capital inefficiencies. According to Deloitte, finance teams still spend 6070% of their time on transactional work instead of driving strategic insights.

Deductions 49

Deductions DSO Credit and Collections Cash Applicator 49

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) Bad Debt Days Sales Outstanding Credit and Collections 130

SAP Credit Management

JANUARY 17, 2023

The following diagram outlines the steps in the Order-to-Cash (Sell-from-Stock) business scenario. Create the sales order for example, for a new private customer – (block sales order for delivery). Scenario variant: Business transaction runs across more than one month. Business Scenario. Undo tax from down payment.

Retail Companies 137

Retail Companies Invoice Amount Order to Cash Transactions 137

Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. 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. The bottom line is, you can now pay monthly or yearly, only for the modules you need.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

SAP Credit Management

SEPTEMBER 5, 2023

In the following blog, I will give you an engineering expert view of some selected highlights of our SAP S/4HANA Cloud, private edition for Sales, to demonstrate that automation, system integration, and end-to-end transparency can help companies to transform their order-to-cash process with the shift to low-touch sales order processes.

Credit and Collections 181

Credit and Collections Order to Cash Transactions Default 181

Emagia

JANUARY 2, 2025

AIs ability to scale quickly also means that businesses can handle growing transaction volumes without increasing costs. Scalability AI systems can efficiently manage increasing volumes of transactions, allowing businesses to scale their AR processes without the need to hire additional staff.

Accounts Receivable (AR) 40

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

SAP Credit Management

AUGUST 24, 2023

VKOA is the transaction code for FI-SD integration. If you access this TRANSACTION CODE, below screen will appear. During pricing, the system automatically determines which pricing procedure is valid for a business transaction. Allocate the G/L accounts for each access sequence. VKOA – Assign GL Accounts.

Collector 142

Collector Transactions Default Order to Cash 142

Emagia

DECEMBER 23, 2024

The Role of Technology in Managing AR and AP Adopting automated solutions for AR and AP processes can lead to significant improvements in cash flow management: Automation of Invoicing and Payments: Automated systems streamline invoicing and payment processes, reducing errors and accelerating transaction times.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Credit and Collections Bad Debt Order to Cash 40

TreviPay

JANUARY 11, 2023

If that’s not available, they may be slow to pay — or worse, they may abandon the transaction together. Offer Order-to-Cash: One way to drive down DSO is through an order-to-cash process, which is the process of managing the flow of orders and payments from customers.

Days Sales Outstanding 98

Days Sales Outstanding DSO Credit and Collections Alternative Payment Methods 98

Emagia

MARCH 3, 2025

Unlike LIBOR, which was based on estimates from banks, SOFR is grounded in actual transaction data, making it a more reliable and transparent rate. History and Development of SOFR The inception of SOFR was primarily driven by the need for a more robust and transaction-based benchmark following the LIBOR scandal. Treasury securities.

Transactions 40

Transactions Credit Risk Order to Cash 40

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

Emagia

MARCH 10, 2025

Understanding Cash Application in the FMCG Industry The Importance of Cash Application Cash application is the process of applying incoming payments to the correct customer accounts and open invoices. What are the biggest challenges in traditional cash application? How does AI-powered cash application software work?

Cash Applicator 40

Cash Applicator Days Sales Outstanding DSO Automated Cash Application 40

Emagia

MARCH 3, 2025

Automated invoice matching ensures that all transactions are validated, reducing errors and improving financial accuracy. How Automated Invoice Matching Software Works Data Capture and Extraction Uses OCR (Optical Character Recognition) to extract data from invoices , purchase orders, and receipts. Why Choose Emagia?

Accounts Receivable (AR) 40

Accounts Receivable (AR) Dashboards Order to Cash Transactions 40

Emagia

FEBRUARY 21, 2025

Adaptation to Business Growth Automated AR solutions can easily scale to accommodate increasing transaction volumes, ensuring that processes remain efficient as the business expands. Audit trails to track every AR transaction securely. AI-Driven Fraud Detection & Compliance Automated risk scoring to prevent fraudulent transactions.

Accounts Receivable (AR) 40

Accounts Receivable (AR) AR Automation Days Sales Outstanding DSO 40

SAP Credit Management

AUGUST 15, 2023

It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. Sales Order Processing: Each sales order you process in SAP requires Sales Area as a pre-requisite. So when you provide a sales area, you narrow down the region & rules in which customers and materials should transact.

Revenue Recognition 111

Revenue Recognition Default Order to Cash Credit Management 111

Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times. Invoices need to be generated and transmitted the same day as the transaction or at latest the morning following.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

SEPTEMBER 10, 2024

To optimize the order-to-cash (O2C) process, it's crucial to understand the significant role Credit and Collections plays. This function must collaborate closely with sales, fulfillment, shipping/logistics, and accounting, all of which are integral to converting an order into cash.

Credit and Collections 130

Credit and Collections DSO Deductions Accounts Receivable (AR) 130

SAP Credit Management

SEPTEMBER 13, 2023

Michael said that is what traditional SAP transactions are like. So, what if you could turn that around and have a transaction get geometrically better every year instead of getting marginally better (but slightly less better) every year? We keep making them slightly better but there is only so much you can do.

Transactions 198

Transactions Order to Cash 198

SAP Credit Management

AUGUST 2, 2023

The SAP Application is supporting more than 25000+ users and 80+ different company codes, running a broad range of SAP S/4HANA core modules such as FI/CO, MM, SD, PP, Asset Management, and core processes such as record-to-report, order-to-cash and procure-to-pay.

Order to Cash 145

Order to Cash Transactions 145

TreviPay

OCTOBER 2, 2024

By utilizing the benefits that trade credit insurance provides, the partnership will enable companies to secure transactions and grow with confidence. TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure.

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

TreviPay

MAY 10, 2023

Within this domain, as we have discussed in many forums, seeking new ways to improve payment processes should be a key transformation priority for B2B enterprises given the “multiplier effect” that comes from encouraging both larger transactions (AOV) and more frequent purchases (LTV).

Order to Cash 83

Order to Cash Transactions 83

TreviPay

DECEMBER 23, 2024

How TreviPay Helps Why TreviPay is the Invoicing Leader Expertise in Order-to-Cash : TreviPay specializes in order-to-cash, with decades of experience in understanding the complexities of invoicing and payments.

Order to Cash 52

Order to Cash Transactions 52

Your Virtual Credit Manager

MAY 30, 2023

Customers increasingly prefer electronic transactions. Do you need help with your order-to-cash process? Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Some even require it, especially for invoicing.

Electronic Funds Transfer 130

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

The Esker Blog

APRIL 14, 2023

B2G (business-to-government) e-invoicing has been mandatory since 2017, and soon, the same will be required of all B2B (business-to-business) transactions as well. 153 of France’s Finance Law 2020, making e-invoicing mandatory for all domestic B2B transactions starting in 2024. On December 28, 2019, the French government passed Art.

Transactions 78

Transactions Order to Cash 78

Your Virtual Credit Manager

DECEMBER 19, 2023

Electronic payments are now used more than checks for B2B transactions, and AP automation is driving the conversion to electronic invoicing processes. Also, are you leaving money on the table by not being aggressive enough with your goal? If you want to get paid faster, you better be giving your customers an e-invoice.

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

TreviPay

SEPTEMBER 25, 2024

Enhanced integration capability for commercial equipment dealers will enable seamless, convenient onboarding and line-item transaction details for fleet programs OVERLAND PARK, Kan., The enhancements will ensure a seamless payments experience for fleet drivers and dealers and eliminate manual, inefficient processes. and Canada.

Order to Cash 59

Order to Cash Transactions 59