article thumbnail

8 Essential Features To Have in a Cash Application Software

Gaviti

Cash application solutions are an integral part of financial operations. 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.

article thumbnail

6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

In this blog, you’ll learn about the most important cash flow metrics and cash application KPIs for CFO performance and their relationship to your overall financial planning. What is a Cash Application KPI? Average Days Delinquent (ADD) ADD is an essential cash flow metric.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Embracing RPA in Accounts Receivable: A Strategic Approach

Gaviti

In addition, more accurate bookkeeping and cash application free of errors delivers a better customer experience. The dashboard includes both traditional KPIs such as DSO , customer risk, and total A/R in addition to unique KPIs and advanced analytics. Cash application. Contact us and book a demo today.

DSO 52
article thumbnail

6 Ways to Improve A/R Collections Processes with Netsuite

Gaviti

While Netsuite offers an analytics dashboard and financial metrics, an A/R invoice-to-cash management platform focuses on KPIs, internal metrics and external data relevant to the A/R team. A Cash Application Module can also connect remittance data from customer payments and invoices to facilitate precise reconciliation of payments.

article thumbnail

How AR Software Automation Mitigates Outsourcing Challenges

Gaviti

With an advanced automated A/R invoice-to-cash management solution that includes cash application, credit management, collections analytics and dispute and deduction management, your A/R process not only remains in-house and under your control, but integrates so that all the different components work together to deliver real-time data.