SAP Credit Management

FEBRUARY 2, 2023

This Naming Accelerator provides a recommendation to our customers, especially the new customers just entering the SAP arena, how to systematically name user business roles and their associated spaces and pages. In addition, we create very specific user business roles to segregate the roles and responsibilities.

Default 181

Default 181

Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. It also eases the burden of invoice collections somewhat).

Credit and Collections 98

Credit and Collections Invoice Collections Invoice to Cash Invoice Amount 98

Gaviti

MAY 30, 2023

Accounts receivable is one of the most critical roles in your business. How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. Receivables management can also become incredibly complex and high-risk.

Credit and Collections 98

Credit and Collections Cybersecurity Bankruptcy 98

Credit Management Group UK

JANUARY 23, 2024

Credit control should be customer focused Credit control can be sometimes incorrectly called the ‘anti sales’, however, credit control should work closely with the sales team to maintain positive customer relationships as well as ensuring payment will be received on time.

B2B Credit 87

B2B Credit Credit and Collections Credit Management 87

Emagia

MAY 15, 2024

The corporate treasury function confronts the daunting task of managing accounts receivable risks, cash flows, and navigating forex and interest rate volatility, particularly in times of uncertainty. ” Artificial Intelligence equips finance professionals with strategic tools to navigate complex financial landscapes. .”

Default 52

Default Credit Risk Cash Applicator 52

Gaviti

APRIL 24, 2023

Effective accounts receivable management is one of the most critical aspects of boosting steady cash flow for your business. The AR team must identify problems and seek long-term solutions. Even so, there are some typical accounts receivable management problems and solutions most businesses should review.

Credit and Collections 95

Credit and Collections Bad Debt 95

SAP Credit Management

FEBRUARY 9, 2023

Our SAP product team has been delivering new modern experiences, and enhancements in core enterprise resource planning (ERP), to improve Higher Education & Research institutional and staff productivity. The Budget Management / Fund Accounting solution supports the budgeting-based management of funds.

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136

Gaviti

APRIL 18, 2023

In the recession we are currently experiencing, interest rates and inflation rates are playing a major role. This blog post will explore various strategies that finance and collections teams can adopt to better handle issues that might arise from these recent unyielding interest rate increases. Recession Planning: What Should I Know?

DSO 97

DSO 97

Lockstep

MAY 4, 2022

Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of your organization’s financial health. Here are three more ways you can reduce your outstanding accounts receivable. .

AR Automation 81

AR Automation Accounts Receivable (AR) AR Aging Credit and Collections 81

SAP Credit Management

SEPTEMBER 26, 2023

will receive mainstream maintenance until end of 2025, followed by two years of priority one support until end of 2027, after which we plan to stop supporting Discovery, Designer & Server for BI Platform. A guide to best practices for upgrading to SAP BusinessObjects Business Intelligence (BI) 4.x Of cause Auditing in first place.

Dashboards 186

Dashboards 186

Lockstep

JANUARY 25, 2023

Accounting is often thought of as a purely financial discipline, but its role in customer experience (CX) and providing customer delight should not be underestimated. That’s where accounting comes in. Good accounting engagement leads to a better customer experience.

Payment Portals 83

Payment Portals 83

Emagia

OCTOBER 27, 2023

The increasing use of generative AI (GenAI) – a key technology driving the exponential transformation of finance and business landscapes – is drastically changing the receivable collection tasks, making a greater impact on the cash flow and therefore the health of organizations. This increases the likelihood of timely collection.

Credit and Collections 64

Credit and Collections Cash Applicator Current Receivables 64

SAP Credit Management

AUGUST 3, 2023

In case the user has additional roles assigned, additional navigation for billing elements and billing documents are supported. This functionality gives the ability for project billing specialists or billing team members to trigger a price inconsistency check during the preparation of the bill.

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The Esker Blog

DECEMBER 13, 2022

Start up business team meeting working on digital tablet new business project. With the New Year right around the corner, it’s an opportune time for finance leaders to review, reassess and rethink their accounts receivable (AR) strategies. But this prompt is not simply some end-of-the-year contrivance. Rethink processes.

Accounts Receivable (AR) 97

Accounts Receivable (AR) DSO Bad Debt Invoice to Cash 97

SAP Credit Management

SEPTEMBER 15, 2023

According to what we have seen and discussed with SAP customers, the robustness of the governance model varies based on your organization’s risk appetite and pace of innovation: Governance models play a crucial role in managing risk and enabling innovation within an organization.

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Gaviti

JANUARY 2, 2024

Cash flow metrics are the standards by which CFOs measure cash flow health and accounts receivable performance. They are used in nearly every financial function, including accounts receivable, payable, cash flow reporting, and more. What is a Cash Flow Metric? If you need help with this, check out how to calculate DSO.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Grit

APRIL 23, 2024

Every small modification that requires a team member to type in information can lead to slower order cycles, more errors, and more expenses. Order process automation is a good solution if your team is experiencing data input problems. Order process automation is a good solution if your team is experiencing data input problems.

Collections Automation 52

Collections Automation 52

Gaviti

FEBRUARY 17, 2024

Since your company’s ability to get paid quickly directly impacts your cash flow, it’s important that you have a strategy for both your accounts receivable management to encourage the timely payment of invoices. The Key Components of Effective A/R Management The main aspect of A/R management is the collections of receivables.

Debt Collections 52

Debt Collections Credit and Collections DSO Invoice Collections 52

SAP Credit Management

JANUARY 25, 2023

One thing that never changes: Our team of experts keep working tirelessly to offer our valued cloud customers a large variety of innovations to help your business run tomorrow smoother than yesterday. Additionally, we are rolling out the “Share as Tab” option through an Early Adopter Care Program.

Revenue Recognition 158

Revenue Recognition Credit and Collections Transactions 158

Emagia

NOVEMBER 28, 2023

More than 80% of new finance roles by 2025 will extend beyond traditional accounting underscores the transformative trajectory, according to research by Gartner. Autonomous finance elevates the role of finance in ensuring overall business health.

Accounts Receivable (AR) 64

Accounts Receivable (AR) Bad Debt Order to Cash 64

Gaviti

JANUARY 7, 2024

As your business and finance team expands, your business may have a need to connect data from different departments and sources within your company. Your technical team might use it now for tickets in their product management, whereas your sales team might use it for their Customer Relationship Management (CRM) functionality.

Invoice to Cash 52

Invoice to Cash Credit and Collections Collector Deductions 52

SAP Credit Management

AUGUST 7, 2023

They led us to where they are today and shared with us some advice, they received that has stuck with them a long the way. The program provides those nominated with targeted opportunities in line with their aspirations and strategic priorities, designed to increase their readiness to fulfill future critical roles in strategic business areas.

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110

Gaviti

DECEMBER 3, 2023

A human-centered approach to disputes in accounts receivables , with the right technological tools, can both accelerate dispute management and improve your company’s cash flow. You’ll need your entire team to be on the same page on how they classify disputes and respond to each type of dispute.

Collector 52

Collector Invoice to Cash Invoice Disputes Invoice Amount 52

Due

OCTOBER 12, 2023

Finance and funding play a crucial role in any startup, and the course helps you understand that. Financial Accounting Made Fun: Eliminating Your Fears by Babson College (edX) “ Eliminating Your Fears ” is a free online course offered by Babson College through the edX platform. In this article, we will explore five such courses.

Small Businesses 105

Small Businesses 105

Emagia

JANUARY 25, 2024

Finance executives, especially finance controllers, are witnessing a dynamic transformation in their roles as the landscape of finance, itself, rapidly evolves. Modern controllers are expected to take ownership of the company’s accounts and drive strategic performance. This can lead to late payments or bad debts from receivables.

Invoice Disputes 52

Invoice Disputes Bad Debt Cybersecurity Deductions 52

SAP Credit Management

FEBRUARY 6, 2023

We in SAP Product Engineering team are happy to announce the general availability of SAP S/4HANA Cloud for group reporting release 2302 on January 25, 2022. Questions and Answers enable you to guide your contributors and get the textual responses from your units.

Transactions 142

Transactions 142

Eagle Business Credit

MAY 2, 2024

Working capital management plays a pivotal role in ensuring the financial health and success of a company. By optimizing processes related to inventory, accounts receivable, and accounts payable, businesses are better equipped to manage their cash flow and maintain solid liquidity ratios.

Days Sales Outstanding 52

Days Sales Outstanding Credit and Collections Bad Debt DSO 52

Emagia

DECEMBER 12, 2023

Until recently, finance teams managing cash flow have relied on manual processes that suffer from a lack of accuracy and inability to adapt quickly to changing market dynamics, making accounts receivable (AR) and accounts payable (AP) management challenging for the respective managers.

Cash Forecasting 52

Cash Forecasting Accounts Receivable (AR) Bad Debt Credit and Collections 52

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

Gaviti

NOVEMBER 7, 2022

Managers feel this way even though the accounts receivable team directly impacts cash flow and the company’s ability to meet its financial obligations. Why does this happen, and what can you do to ensure your finance team acts strategically to feed the bottom line? Past: Accounting. Let’s not do that.

DSO 52

DSO Credit and Collections Dashboards Cash Forecasting 52

Emagia

AUGUST 1, 2023

Understanding the nature of accounts receivable (AR) and its classification is crucial to maintain accurate bookkeeping records. One doubt that always pops up regarding is if accounts receivable is a debit or credit. What is Accounts Receivables? What is the Accounts Receivable Process?

Accounts Receivable (AR) 52

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

Gaviti

MARCH 27, 2023

Optimizing your accounts receivable collections process is critical for ensuring a steady cash flow in today’s fast-paced business world. Accounts receivable teams can leverage AI-powered tools, like Chat GPT, to revolutionize how they handle collections. What Is Generative AI And Chat GPT?

Invoice Amount 52

Invoice Amount Payment Portals Default 52

SAP Credit Management

JANUARY 3, 2023

Once order updates are received in Commerce, an text notification is triggered for the end user as well as retailer about completion. It offers a suite of cloud services enabling organizations and development teams to create production grade integration flows. You have necessary roles granted by the admin of the subaccount.

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176

Emagia

MARCH 15, 2024

While optimized credit risk management and accounts receivable processes can positively impact critical KPIs such as revenue leakage, default and delinquency rates, dysfunctional customer relationships, and excessive overheads, inefficient processes can have unfavorable effects on these metrics.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

While optimized credit risk management and accounts receivable processes can positively impact critical KPIs such as revenue leakage, default and delinquency rates, dysfunctional customer relationships, and excessive overheads, inefficient processes can have unfavorable effects on these metrics.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Gaviti

FEBRUARY 20, 2023

An accounts receivable balance refers to a company’s outstanding invoices that customers have not yet settled. In other words, it is the amount of money owed to a business by its customers for goods or services provided but for which it has not received payment. For example, a customer might choose to pay when he orders.

Credit and Collections 52

Credit and Collections Bad Debt Deductions Payment Portals 52

Due

MAY 2, 2024

Each partner’s individual retirement savings accounts, like traditional or Roth IRAs, can be like personal piggy banks for the future. By collaborating, partners can ensure their individual aspirations and needs are fulfilled while nurturing a sense of financial camaraderie and shared accountability. More on this below.

Credit and Collections 64

Credit and Collections 64