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Sales Commissions Impact the Collection Process

Your Virtual Credit Manager

Assign Collections to an Existing Employee : When doing this you need to consider if the person being assigned collection duties has the time and demeanor to be an effective collector. Again, you need to also keep in mind the impact from putting other tasks on a back burner. As with any change there are pros and cons.

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6 Ways to Improve A/R Collections Processes with Netsuite

Gaviti

Netsuite enables collectors to record various phone conversations and emails with customers to help gather and consolidate collections data. They can also be sent from specific A/R collectors or with a body or subject line customized to specific situations (e.g., Dispute and deductions management. Recording collections.

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Technological Solutions for Humanizing and Personalizing Dispute Management

Gaviti

An A/R invoice-to-cash management platform can allow a collector to further categorize a dispute about an incorrect invoice based on different factors: unauthorized changes in the invoices, lack of communication regarding the invoice, disputed taxes or fees on the invoice, or disputed late fees or penalties, etc.

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5 Methods to Reduce Late Payments

Gaviti

In many traditional collections teams, each individual collector develops their own process for managing invoices. Streamline the process for managing disputes and deductions. Dispute Management and Deductions. Contact us and book a demo today. These include: Lack of a unified process. Collections Analytics.

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5 Methods to Reduce Late Payments

Gaviti

In many traditional collections teams, each individual collector develops their own process for managing invoices. Streamline the process for managing disputes and deductions. Dispute Management and Deductions. Contact us and book a demo today. These include: Lack of a unified process. Collections Analytics.

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6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

These tools provide a centralized hub for data collection and analysis, along with a comprehensive collections analytics dashboard for reporting and automation to enable greater visibility into your A/R process and optimize your performance for both A/R teams and individual collectors.

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Delinquent Loans: What They Are, How They Differ From Default

Fundera

Online alternative lenders often deduct payments automatically from your bank account. If the lender believes they won’t get their money back, they can charge off the loan —that is, remove the loan from their books. Debt collectors will contact you if the lender sells or transfers the debt. to request payment.

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