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.

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Order to Cash Credit Management Transactions 40

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.

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Credit Management AR Automation Small Businesses Credit and Collections 130

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?

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Accounts Receivable (AR) Days Sales Outstanding Bad Debt 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.

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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.

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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.

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Credit and Collections Order to Cash Transactions Default 181

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.

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Collector Transactions Default Order to Cash 142

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.

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

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.

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Days Sales Outstanding DSO Credit and Collections Alternative Payment Methods 98

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.

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Revenue Recognition Default Order to Cash Credit Management 111

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Trade promotions are often taken as deductions, but are better managed as separate transactions. The second is knowledge of your Order-to-Cash process. Implement a best practice process flow: This should cover the creation of the deduction in the cash application process through to its clearing from the AR Ledger.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130

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.

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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.

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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.

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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.

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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.

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Bad Debt DSO Credit and Collections Transactions 65

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).

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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.

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Transactions Order to Cash 78

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.

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DSO Days Sales Outstanding Revenue Recognition 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?

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Revenue Recognition Credit and Collections Days Sales Outstanding Deductions 52

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.

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DSO Third Party Collections Credit and Collections Deductions 130

The Esker Blog

MAY 16, 2023

So, here’s what we’ve come up with so far: Vision: We spend a lot of time and effort understanding the market and which functionalities are actually helpful to all stakeholders involved in a transaction. CFOs are interested in improving DSO and overall I2C process efficiency as well as obtaining accurate reporting and analytics.

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Invoice to Cash Cash Applicator DSO Credit and Collections 98

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

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Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

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Credit Risk Default Credit Management Credit and Collections 52

Emagia

JUNE 20, 2024

Artificial Intelligence (AI) is revolutionizing the landscape of financial transactions, creating a “whole new world” of possibilities, according to Naomi Secor, Global Managing Director at the Shared Services and Outsourcing Network (SSON). Moving forward, optimization will need to be a focus.

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Shared Service Order to Cash Global Business Services Transactions 52

apruve

JULY 25, 2022

Leverages AI to flag transactions that may be a problem and to provide insights into customer behavior. Named as a Leader in Gartner’s 2022 Magic Quadrant for Integrated Invoice-to-Cash (I2C) Applications. Billtrust is a cloud-based platform focused on automating the order-to-cash cycle for mid-size businesses.

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DSO Credit and Collections Order to Cash Days Sales Outstanding 52

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.

DSO 52

DSO Days Sales Outstanding Revenue Recognition Credit and Collections 52

TreviPay

JULY 30, 2024

B2B payment automation not only simplifies complex transactions but also ensures a more reliable and secure payment environment. B2B payment automation uses technology to manage business transactions without manual intervention. This efficiency is crucial in modern business transactions.

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TreviPay

FEBRUARY 24, 2023

While B2B transactions are more complex than B2C ones, the premise is the same – people want the same ease and convenience in their personal and business lives. Power of Orchestration – The connection between a supplier’s order-to-cash process and how it integrates with the A/P processes of the buyer.

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Order to Cash Transactions 59

TreviPay

JUNE 13, 2023

Flow of Transactions and Customer Experience By leveraging payment data, sellers can better segment their offers and enhance the customer experience. When payments are seamlessly integrated into transaction flows, businesses can build stronger relationships with their customers.

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Order to Cash Transactions B2B Credit 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. Bild What can our AR solutions do for you?

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Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

TreviPay

JANUARY 12, 2024

Business-to-business (B2B) cross-border payments are transactions between businesses that work primarily with other businesses across economic zones. For example, a transaction between a manufacturer in Italy and a wholesaler in Germany will take place between countries but within the European Union’s single economic zone.

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Credit Card Payments Alternative Payment Methods Transactions Order to Cash 52

Onguard

OCTOBER 9, 2024

Order-to-cash automation, automated workflows, and real-time automation are only a few of the benefits associated with the integration of AI in credit management. Can I follow them in real-time on the lowest transactional level available (nonconsolidated)? ” -Igor Wortel CEO & Founder, Phalanxes.

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Credit Management Order to Cash Transactions 52

Gaviti

MARCH 6, 2023

They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. What Is a Cash Application? A cash application is a type of software that helps businesses manage money. After all, you could switch banks at any time.

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Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

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.

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Days Sales Outstanding DSO Credit and Collections B2B Credit 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.

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

Emagia

OCTOBER 17, 2024

They can provide personalized responses, address common queries, and even conduct transactions, significantly improving customer satisfaction while reducing operational costs. GiaGPT is a generative AI solution developed by Emagia specifically for finance operations, especially within order-to-cash processes.

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