Emagia

DECEMBER 21, 2022

To achieve this goal, you will need to consider a number of factors, including the types of payments your company accepts and the channels customers use to make purchases. In this article, we present 10 tips that can help you boost customer payment portal adoption.

Payment Portals 52

Payment Portals Transactions 52

Emagia

NOVEMBER 3, 2022

A customer portal is a key part of this digital finance transformation, providing a central hub for customers to access their invoices and make digital payments. The benefits of a customer payment portal are numerous. & Payment Portal. For businesses, it can help streamline operations and reduce costs.

Payment Portals 52

Payment Portals 52

Emagia

DECEMBER 4, 2022

And now, they’re also being used to help improve the customer experience on payment portals. Payment portals are often seen as a necessary evil – we need them to make payments, but they can be complicated and time-consuming to use. This is where digital assistants come in.

Payment Portals 52

Payment Portals 52

RevCycle

DECEMBER 7, 2023

Implement online payment portals: Create a user-friendly online portal where customers can easily view invoices, make payments, and track their payment history. Utilize credit scoring tools: Leverage credit scoring tools to assess customer creditworthiness and prioritize your collection efforts.

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Alternative Payment Methods Credit and Collections Credit Scoring Payment Portals 181

RevCycle

JULY 6, 2021

The question is broad enough to potentially include the consideration of other topics such as payment portals. However, an industry battling the financial difficulties facing healthcare should pursue every possible avenue to make payment easier, including offering longer-term financing. Finally, this pie chart.

Bad Debt 130

Bad Debt Payment Portals Credit and Collections Default 130

Gaviti

NOVEMBER 21, 2024

Ensuring all necessary forms and data are included at the start helps streamline the payment process. Advanced A/R tools often provide a customer payment portal that centralizes necessary payment details, making it easier for customers to complete payments on time.

Automated Cash Application 98

Automated Cash Application Credit and Collections Cash Applicator Deductions 98

Gaviti

MARCH 21, 2023

Another way to address this is to use a payment portal with many different payment options, allowing the customer to choose the payment method most comfortable for them without requiring any extra work from you. Have a payment portal.

Payment Portals 78

Payment Portals DSO Alternative Payment Methods Dashboards 78

Gaviti

JUNE 10, 2024

Intelligent routing may also include payment redirection for alternative options in the event of operational disruption or downtime. For example, it can automate payment reconciliation, payment workflows, A/R collections, reminders and confirmation. Talk to us and see if a payment portal can help your business.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

Gaviti

JULY 24, 2024

Automate the payment reconciliation process by matching incoming payments with the corresponding invoices in real-time, giving you up-to-date visibility into your cash position. Automatic cash application with 100% accuracy when using Gaviti’s Self-Service Payment Portal, accelerating the payment process by reducing human error.

Credit and Collections 98

Credit and Collections Bad Debt DSO Payment Portals 98

Gaviti

NOVEMBER 18, 2024

Invoices can be paid 24/7 through a self-service payment portal. Payments are reconciled automatically, your ERP is updated with the new payment data, and the customer receives payment confirmation within a few minutes. Customers can keep a credit card on file or choose another method.

Bad Debt 98

Bad Debt Bad Debt to Sales Invoice to Cash Credit and Collections 98

The Esker Blog

JANUARY 3, 2023

Check out Esker’s payment portal. Are you making it easy for your customers to pay and communicate with you? Stricter credit approval Are you performing credit evaluations on all new customers? Are your credit terms appropriate and followed by your sales department?

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DSO Accounts Receivable (AR) Credit and Collections Days Sales Outstanding 98

Gaviti

APRIL 11, 2024

For example, some might prefer to pay in person via credit or debit card. Others might like to pay online.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

MAY 9, 2023

So if you are currently using CWA as your payment provider, contact us to see how to connect it to Gaviti. Enhanced Look and Feel : We have revamped the Gaviti customer payment portal with a cleaner and more attractive design.

Credit and Collections 98

Credit and Collections Credit Management Dashboards Payment Portals 98

Emagia

DECEMBER 3, 2024

Enhanced Customer Experience: Enables seamless, personalized communication with customers through digital assistants on your company branded customer payment portal and omni channel communication using AI-driven collections strategies.

DSO 52

DSO Credit and Collections Bad Debt Payment Portals 52

Gaviti

JUNE 19, 2023

You can hyperlink additional information in electronic communication, such as an email address, a phone number, or a link to an online payment portal. How Can You Use Templates To Collect Invoices Outstanding for Payment? The goal is always to prompt customers to pay or follow up with questions.

Days Sales Outstanding 98

Days Sales Outstanding Credit and Collections DSO Payment Portals 98

Eagle Business Credit

JANUARY 10, 2023

If the process takes too long, you risk late payment or nonpayment entirely. If you send invoices electronically, have a hyperlink to the payment portal. If you mail physical invoices, have your payment address written down with specific instructions to make sure you don’t have to chase your customer to fix the payment.

Small Businesses 98

Small Businesses Payment Portals 98

Gaviti

NOVEMBER 24, 2024

Additional metrics to consider include the number of outstanding receivables, accounts receivable aging, customer churn rate, and the percentage of late payments. Offer a range of payment methods and, if available, a link to your customer payment portal from the invoice itself. Make it easy for customers to pay invoices.

Credit and Collections 52

Credit and Collections DSO Average Days Delinquent Collection Effectiveness Index 52

Gaviti

AUGUST 4, 2024

Gaviti Gaviti delivers 100% accuracy matching invoices to payments when customers use its Self-Service Payment Portal, and a 95% rate of accuracy for all payments. Leverage remittance information provided by customers to intelligently identify and match payments to the appropriate invoices.

Cash Applicator 52

Cash Applicator DSO Payment Portals Automated Cash Application 52

Gaviti

JULY 11, 2024

Automate the matching of invoices to payments, eliminating human error involved with manual matching and accelerating the bank reconciliation process. When customers make payments using an automated A/R solutions customer payment portal, it also matches customer payment with the corresponding invoice with increased accuracy.

DSO 52

DSO AR Automation Credit and Collections Bad Debt 52

Gaviti

OCTOBER 10, 2024

Reduce errors and disputes while improving the customer experience by automating manual processes involved in the traditional process of matching payments to invoices with AI-powered remittance auto-matching. That means 100% matching for customers using Gaviti’s payment portal and 95% for payments made to the bank or a lockbox.

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Invoice to Cash Credit and Collections DSO Payment Portals 52

Serrala

AUGUST 30, 2022

The Alevate Payments app is an addition to the payment portal "Alevate Payments", which is designed as a Web application, or an addition to your CPWeb or CMPro software, which is hosted by your company. Time of communication between the mobile device and the payment portal. iPhone, Android device).

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Payment Portals Transactions Default 40

Serrala

JULY 20, 2023

General provisions "S-Business App" is an application for smartphones (app) with which you can provide an electronic signature on payment files in accordance with the EBICS standard without an additional smart card, USB stick or disk. The app is an addition to the payment portal "S‐Business Banking", which is designed as a Web application.

Payment Portals 40

Payment Portals Transactions Default 40

Serrala

JULY 20, 2023

General provisions "NORD/LB Business App" is an application for smartphones (app) with which you can provide an electronic signature on payment files in accordance with the EBICS standard without an additional smart card, USB stick or disk. When using this general data and information, Serrala Cloud Solutions GmbH does not identify you.

Payment Portals 40

Payment Portals Transactions Default 40

Gaviti

DECEMBER 5, 2024

Make it as easy as possible for your customer to pay you by offering various payment options (e.g. Offering a customer-facing payment portal makes paying you very smooth because the customer doesn’t need to know your bank account information and is less likely to make a mistake that will prevent you from reconciling the invoice later.

Credit and Collections 52

Credit and Collections Invoice to Cash DSO Payment Portals 52

Gaviti

JANUARY 16, 2023

Provide clear and easy-to-follow instructions on how to pay the invoice, including links to online payment portals or contact information for the accounts receivable team. Avoid aggressive language or tone, and instead focus on politely reminding the customer of their outstanding invoice.

Days Sales Outstanding 98

Days Sales Outstanding DSO Payment Portals 98

Fundera

OCTOBER 23, 2018

It comes with two displays—one that is fully dedicated to the customer and is complete with a magstripe credit card scanner, a chip card reader, and a contactless payment portal. The Square Register is the first fully integrated credit card scanner system from Square.

Small Businesses 80

Small Businesses Credit Card Payments Transactions Payment Portals 80

Waystar

AUGUST 18, 2022

To foster patient adoption, organizations must take a people-first approach, treating patients like humans and communicating with them in a way that makes them feel heard, understood and empowered to use new tools such as patient payment portals and show up to their appointment with less stress.

Medical Billing 52

Medical Billing Payment Portals 52

Gaviti

SEPTEMBER 23, 2024

Match over 95% of payments with cash application through Gaviti’s Self-Payment Portal that includes AI-powered remittance auto-matching. Resolve disputes in under an hour with fully customizable workflows for routing and tracking and the ability to see trends and reduce future disputes.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections Credit Sales 52

Gaviti

JULY 25, 2024

Leverage remittance information provided by customers to intelligently identify and match payments to the appropriate invoices. Since 95% of payments are matched automatically, all you’ll have to do is approve the match. Automatic cash application via the payment portal.

Cash Applicator 52

Cash Applicator DSO Payment Portals Credit and Collections 52

Gaviti

AUGUST 27, 2024

When customers use the Self-Service Payer Portal, Gaviti can match payments to open invoices with near 100% accuracy. Self-Service Payer Portal. Offer customers a variety of payment methods directly through the online payment portal , including credit and debit cards, ACH, electronic payments, and more.

DSO 52

DSO Credit and Collections Deductions Payment Portals 52

Gaviti

FEBRUARY 18, 2024

Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer payment portal. Cash Application. Get real-time reporting and analytics to quickly understand where any discrepancies or unapplied cash lies. Dispute Management and Deductions.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

Ensure accurate invoice reconciliation through multiple banks with Gaviti’s customer payment portal. Cash Application. Get real-time reporting and analytics to quickly understand where any discrepancies or unapplied cash lies. Dispute Management and Deductions.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

MAY 9, 2023

So if you are currently using CWA as your payment provider, contact us to see how to connect it to Gaviti. Enhanced Look and Feel : We have revamped the Gaviti customer payment portal with a cleaner and more attractive design.

Credit and Collections 52

Credit and Collections Credit Management Dashboards Payment Portals 52

Gaviti

FEBRUARY 13, 2023

Some standardization recommendations include: Clear and concise credit policies that are the same for everyone Regular monthly collection that happens on the same date for everyone The same payment portal for all of your partners and customers A publicly posted FAQ that answers common questions and concerns Suggestion #5: Reach out to your customers (..)

DSO 52

DSO Credit and Collections Payment Portals 52

Fundera

JUNE 24, 2018

A good strategy is to set up automatic payments so that you can make sure that your bills will be paid, even if you don’t have internet access. Remember, some websites are blocked in certain countries so you might have trouble accessing online payment portals. Double check that you have all key items.

Credit Unions 60

Credit Unions Payment Portals Transactions 60

Gaviti

NOVEMBER 4, 2024

Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. In addition, after disputes are settled, customers should have the option of making payments directly through an integrated customer payment portal. Centralized hub of information.

Credit and Collections 52

Credit and Collections Invoice to Cash DSO Payment Portals 52

Gaviti

APRIL 3, 2024

Make paying as easy as possible by giving customers many payment options, including credit or debit cards, digital payments, check, bank transfers, etc. Self service customer payment portals also offer another convenient payment channel that minimizes errors, encourages timely payments and improves overall customer satisfaction.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52