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

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

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?

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Order to Cash Transactions 176

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

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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Invoice Disputes Transactions Order to Cash DSO 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.

Shared Service 52

Shared Service Order to Cash Global Business Services Transactions 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.

Credit Management 52

Credit Management Order to Cash Transactions 52

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

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.

Credit Risk 52

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.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

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

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

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.

Order to Cash 52

Order to Cash Transactions 52

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

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

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

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?

Credit and Collections 52

Credit and Collections DSO Days Sales Outstanding Invoice to Cash 52

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.

Order to Cash 52

Order to Cash Transactions B2B Credit 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.

DSO 52

DSO Credit and Collections Order to Cash Days Sales Outstanding 52

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

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.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections B2B Credit 52

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

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

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.

Credit Card Payments 52

Credit Card Payments Alternative Payment Methods Transactions Order to Cash 52

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

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

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

JUNE 21, 2024

Empowering the credit team with intelligent Order-to-Cash (OTC) digital solutions is essential. When integrated with order-to-cash software, credit management teams can make more strategic decisions quickly.

B2B Credit 40

B2B Credit Credit Application Digital Credit Application Credit and Collections 40

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.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

TreviPay

DECEMBER 1, 2023

Embedded payments Embedded payments are integrated on and offline payment systems that allow customers to seamlessly initiate transactions in-store, on websites or on apps. B2B transactions involve different methods to B2C ones. Unlike trade credit, credit lines are not tied to specific transactions or goods.

Credit and Collections 52

Credit and Collections Transactions Order to Cash Default 52

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 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.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Serrala

MARCH 14, 2024

Your teams can securely review transaction information and perform needed actions on the spot. Read more rule-based checks for up to 100% of your payment transactions make monitoring for fraud, flagging suspicious activity, and preventing double payments simple.

Credit and Collections 52

Credit and Collections Automated Cash Application Cash Applicator Bad Debt 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

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

Emagia

JANUARY 3, 2023

Emerging technologies such as AI, ML, RPA, Robotics, IoT, and blockchain, among others, are making all business operations and processes including Order to Cash (OTC) or a Cash Application autonomous with minimum human supervision and support. Improve Customer Experience and Cash Flow.

Cash Applicator 52

Cash Applicator Automated Cash Application DSO Credit and Collections 52

TreviPay

MAY 25, 2023

Giving your customers the buying experience they want starts by aligning order-to-cash processes (O2C) with your customer’s procure-to-pay (P2P) processes. Taking steps to make purchasing from your company easier is the quickest way to get buying organizations to gravitate to doing business with you.

Credit and Collections 52

Credit and Collections Order to Cash Transactions 52