Your Virtual Credit Manager
JUNE 11, 2024
My first exposure to the power of accounts receivable (AR) automation came in 1990 when I was credit manager at ERICO Fasteners, a mid-market, specialty metals manufacturer. The first month after we automated a few basic features to supplement our accounting package, we realized an increase in cash flow of 30 percent.
Your Virtual Credit Manager
JANUARY 3, 2023
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 first month after we automated a few basic tasks to supplement our accounting package, we realized an increase in collections of 30 percent.
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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.
Your Virtual Credit Manager
FEBRUARY 7, 2023
By securing the payment mechanism that will be used during the customer onboarding process, payments are embedded in the transaction, eliminating most late payments. The pleasant surprise was that during this process, we found that end-to-end AR automation actually solves much more than just late payments.
The Esker Blog
DECEMBER 29, 2022
Now, in Part 2, we explore the influence and impact of AI-driven automation within accounts receivable (AR), how to spot a best-in-class solution, and how they benefit stakeholders throughout your company. Why AR automation? Suppliers — Improving the AR process makes things easier on your customers’ AP teams as well (i.e.,
Your Virtual Credit Manager
JANUARY 30, 2024
The evolution of Accounts Receivables (AR) automation has revolutionized our collection strategies. Manual collection processes centered on an aged accounts receivable trial balance (ARTB) lack the regimentation and efficiency brought about by automation. For a more in depth discussion of systematic collections, click here.
Lockstep
MAY 4, 2022
It also cross-trains employees while providing a clear decision-maker for key credit and collection responsibilities. . Manage Your Team Resources. Credit managers need to effectively manage their teams’ resources. Leverage AR Automation. Enter Award-Winning Lockstep . Start with Lockstep Today!
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