Emagia

NOVEMBER 2, 2023

Beyond ChatGPT: Understanding the Trends of Evolving Generative AI For Finance Beyond ChatGPT: Unlocking the Power of GenAI in Billing Beyond ChatGPT: Unlocking the Power of GenAI in Receivables Collection Generative Artificial Intelligence (GenAI) is generating significant buzz in today’s business landscape.

Cash Applicator 52

Cash Applicator Accounts Receivable (AR) AR Automation Credit and Collections 52

Your Virtual Credit Manager

JANUARY 9, 2024

From a credit management perspective, these are largely reactive topics. In fact, once you decide to sell a customer on open credit, most of the accounts receivable (AR) management tasks that follow have a reactive component. There is nothing wrong with that. it just might help them pay you sooner!

Credit and Collections 130

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

Emagia

NOVEMBER 28, 2023

Key Gains of Autonomous Finance Enhanced Productivity and Efficiency: Automating tasks in accounts receivable (AR), accounts payable (AP), and reconciliation processes reduces, if not eliminates, errors that are commonplace where manual processes still dominate a businesses’ finance functions.

Accounts Receivable (AR) 64

Accounts Receivable (AR) Bad Debt Order to Cash 64

Your Virtual Credit Manager

FEBRUARY 28, 2023

It will contribute to you realizing accelerated cash inflows, which will be critically important during a recession. It will reduce your Accounts Receivable (AR) balance and the associated elevated credit risk inherent in a larger AR. What do you need help doing? Email YVCM About Consulting Some Final Thoughts.

Bad Debt 130

Bad Debt Accounts Receivable (AR) Credit Risk Bankruptcy 130

Your Virtual Credit Manager

DECEMBER 19, 2023

If you are an executive at a small or mid-sized business, chances are you are in the process of putting together a budget for 2024, or have already done so. Maybe you have factored in an incremental improvement in DSO, but how much thought have you given to how you are going to meet that budgeted goal?

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

OCTOBER 17, 2023

If you have poor credit controls, you won’t be able to afford as much risk in your accounts receivable (AR) portfolio. Unacceptable risk occurs when there is a negative impact to the bottom line from taking on too much credit risk. The better your credit controls, the more risk you can assume.

Bad Debt 130

Bad Debt Credit and Collections Credit Risk Accounts Receivable (AR) 130

Your Virtual Credit Manager

APRIL 11, 2023

Accounts Receivables (AR) require active management. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Any O2C friction that results will ultimately have a negative affect on AR performance. 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

SEPTEMBER 12, 2023

Effectively managing accounts receivable (AR) is essential for a company's financial well-being. Poor receivables performance affects cash flow, and it is no secret that cash flow problems are the leading cause of business failures.

Credit and Collections 130

Credit and Collections Bad Debt Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

SEPTEMBER 13, 2022

They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. The second is knowledge of your Order-to-Cash process.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

billtrust

JANUARY 11, 2023

Billtrust delivers solutions across the entire order-to-cash cycle. The digital transformation of order-to-cash is happening now. But Billtrust solutions can help you leverage the investments that your customers have made into a smoother, faster order-to-cash process. What they’re ranking. com marketplace.

AR Automation 52

AR Automation Order to Cash Collector Cash Applicator 52

billtrust

NOVEMBER 14, 2022

What are the differences between ERP systems and AR software? Let’s Connect Ready to improve your organization’s order-to-cash cycle? Fill out the form, and a member of our team will be in touch to chat with you about Billtrust’s AR solutions. Learn More. Blog Post. 5 Famous ERP Myths Shattered. Learn More.

AR Automation 52

AR Automation Order to Cash Accounts Receivable (AR) 52

Your Virtual Credit Manager

AUGUST 29, 2023

There are a myriad of issues that can affect collections. As you review your metrics, here are five signs that there may be a problem with your collection practices: DSO Is Rising: Days Sales Outstanding is the most common metric for measuring accounts receivable (AR) performance.

DSO 130

DSO Credit and Collections Bad Debt Collection Effectiveness Index 130

Your Virtual Credit Manager

FEBRUARY 21, 2023

That certainly holds true for business processes, including the management of your Accounts Receivable (AR) and the part it plays in the order-to-cash process. If your AR is deteriorating, you better diagnose the problem as quickly as possible so you don’t incur cash flow problems and bad debt losses.

DSO 130

DSO Credit and Collections Collection Effectiveness Index Bad Debt 130

Your Virtual Credit Manager

APRIL 18, 2023

So, how can a small business acquire high level functional expertise with its “Jack of all trades” workforce, especially in regard to managing the Accounts Receivable (AR) asset? Another approach is to look at each discreet AR activity to determine if it might be better handled by an external partner.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Third Party Collections 130

Gaviti

SEPTEMBER 19, 2022

In particular, we’re seeing automation become the norm in accounts receivable (AR) functions, with teams seeing immediate results from streamlined collections processes and improved cash flow. . Without the right data at hand, CFOs and finance leaders are missing out on a gold mine of opportunity.

AR Automation 52

AR Automation DSO AR Metrics Accounts Receivable (AR) 52

billtrust

DECEMBER 20, 2022

Accounts receivable automated solutions like Billtrust’s Business Payments Network (BPN) Invoicing and Cash Application work hand in hand to boost your cash application team’s productivity and accelerate payments. At the same time, they are streamlining the entire order-to-cash process.

AR Automation 52

AR Automation Digital Lockbox Cash Applicator Collector 52