The Esker Blog

JANUARY 10, 2023

Historically, the processes within collections, cash application and credit management are highly manual. With collections, this could look like manually sorting and filtering through AR aging reports or searching for follow-ups in Outlook calendars and even sticky notes.

AR Aging 95

AR Aging Accounts Receivable (AR) Credit and Collections Past Due Invoices 95

Fundera

AUGUST 29, 2017

When working with a factoring company , the lender actually purchases your outstanding invoices outright in exchange for a flat sum, as well as for a percentage of payments received. Also, invoice factoring is typically used for delinquent or past due invoices, while asset-based lenders will probably look at the sum total of your receivables.

Past Due Invoices 75

Past Due Invoices Credit Scoring Default AR Aging 75

Fundera

DECEMBER 2, 2015

For invoice factoring, the lender actually purchases your outstanding invoices outright in exchange for a flat sum, as well as for a percentage of payments received. Also, invoice factoring is typically used for delinquent or past due invoices, while asset-based lenders will probably look at the sum total of your receivables.

Past Due Invoices 61

Past Due Invoices Credit Scoring Default AR Aging 61