Emagia

MAY 1, 2024

In the debut episode of the Emagia AI For Finance podcast series, Schmidt spoke about the growing role (and present) of automated collections and predictive analytics, among other autonomous finance and AI-fueled processes, as businesses recognize the transformative potential of AI. Collection efficiency can be elevated to another level.

Order to Cash 52

Order to Cash Cash Forecasting Credit and Collections Shared Service Center 52

Your Virtual Credit Manager

JANUARY 3, 2023

” This junk AR comes in a variety of forms, such as: Short payment/deductions Debit memos Unapplied credit memos Unapplied cash Late payment fees and other surcharges Early payment discounts taken but not deserved Clutter obscures the true amount a customer owes and causes confusion. Does You AR Portfolio Need Spring Cleaning?

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Lockstep

NOVEMBER 8, 2022

Seattle, WA – – Lockstep , the award-winning accounting automation pioneer, today announced it has partnered with SYSPRO to grow the connected accounting network. Lockstep will provide SYSPRO’s North American customers access to award-winning accounts receivable (AR) automation software, Lockstep® Receivables.

AR Automation 120

AR Automation Accounts Receivable (AR) Automated Cash Application Credit and Collections 120

Your Virtual Credit Manager

MARCH 12, 2024

It’s critical you identify inefficiencies by analyzing cash conversion cycles, accounts receivable cycles, credit risk profiles, and payment histories. Include analyses of receivables aging and delinquency to help identify opportunities to improve cash flow. Are there past due accounts you are trying to collect?

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

SAP Credit Management

JANUARY 25, 2023

Organizations in every industry must be able to transform their data into actionable insight giving organizations the advantage of automating a variety of manual processes involving data and decision making. Artificial Intelligence and machine learning are often associated with enterprise-level applications. Accelerate time to value.

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Your Virtual Credit Manager

FEBRUARY 13, 2024

Automate as much of the Order-to-Cash (O2C) Process as possible. Several vendors have begun offering automation solutions for small businesses that focus on a specific task as opposed to digitalizing the entire O2C process. Most of these are delivered on a Software-as a-Service (SaaS) basis for an economical monthly fee.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Gaviti

MARCH 3, 2024

A recent survey from Intelligent Automation reports that while 42% of organizations have embraced robotic process automation (RPA), the remaining 58% plan to implement it in the upcoming year. What is Robotic Process Automation (RPA) in Accounts Receivable? It’s scalable.

DSO 52

DSO Credit and Collections Days Sales Outstanding Cash Applicator 52

Gaviti

JANUARY 2, 2024

What is a Cash Flow Metric? 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 Application KPI?

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Gaviti

OCTOBER 23, 2023

As the global economic situation fuels business uncertainty, many companies are experiencing a much slower cash flow than they would prefer, a result of late payments from customers. A business credit score is a rating whose goal is to demonstrate how financially responsible a business is as well as its potential for profitability.

Credit Scoring 97

Credit Scoring Credit and Collections Credit Application Bankruptcy 97

SAP Credit Management

SEPTEMBER 25, 2023

Key capabilities In short, below are the key features and functionalities offered by this fully Cloud service: Business partner screening Integration and extensibility Uploaded and continuously updated sanctioned-party list Real-time compliance checks for order-to-cash and procure-to-pay processes Automated screening of restricted or denied parties (..)

Order to Cash 176

Order to Cash Transactions 176

Your Virtual Credit Manager

SEPTEMBER 13, 2022

The results: Recovery of over $500K of invalid deductions (pure profit) Over 90 day receivables reduced by 70 percent DSO reduction of 16 percent This case study also illustrates the cumulative effect deductions can have on profits and cash flow. The second is knowledge of your Order-to-Cash process.

Deductions 130

Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Gaviti

MARCH 6, 2023

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?

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting Bad Debt 52

Due

NOVEMBER 26, 2023

If you’re a budding small business owner or entrepreneur seeking to hone your financial expertise, dedicating time to perfecting cash flow management early on is vital to solidify foundations and ensure continued success. Practicing cash flow management is about more than knowing your present financial circumstances.

Transactions 105

Transactions Small Businesses 105

Due

MAY 10, 2023

Small business owners face various challenges in managing their finances, from bookkeeping and accounting to tax compliance and cash flow management. Helps monitor cash flow and track expenses. Proper accounting practices allow you to easily track cash inflows and outflows crucial for maintaining liquidity.

Small Businesses 113

Small Businesses Deductions 113

Gaviti

APRIL 3, 2024

While it may be a rather one-dimensional measurement of the financial health of a business, it is still widely recognized as one of the best methods for a business to measure the efficiency of its cash management process. Automate the collections process. With the right software you can automate this process.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Emagia

FEBRUARY 5, 2023

Most business processes are undergoing transformation including automation and accounts receivable is no exception. Automation of accounts receivable is the process of automating various manual tasks involved AR process like invoicing, collecting, and tracking receivable to ensure timely collection.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

Lockstep

DECEMBER 8, 2022

Seattle, WA – (December 8, 2022) – Lockstep , the connected accounting network, today announced that ArtisTrade , a finance software provider specializing in supply chain finance, is now live on Lockstep. About Lockstep: Lockstep is a connected accounting network that automates accounting workflows between companies.

Accounts Receivable (AR) 81

Accounts Receivable (AR) 81

Lockstep

DECEMBER 15, 2022

The Lockstep Receivables application is recognized as an “Acumatica-Certified Application” for 2022 updates. With this validation, Lockstep Receivables continues to be recognized as an Acumatica-Certified Application (ACA). The post Lockstep Application 2022 Certified by Acumatica appeared first on Lockstep.

Accounts Receivable (AR) 75

Accounts Receivable (AR) DSO 75

Gaviti

MAY 30, 2023

How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. This risk compels savvy business managers to consider whether they should use accounts receivable outsourcing or turn to management software. Integrate with other critical applications.

Credit and Collections 98

Credit and Collections Cybersecurity Bankruptcy 98

billtrust

JANUARY 11, 2023

Largest customer marketplace ranks Billtrust Overall Leader in AR software. In January of 2022, Billtrust was the overall leader in accounts receivable automation software. com, one of the largest and most trusted software marketplaces in the world. G2 Grid® for Accounts Receivable Automation Software.

AR Automation 52

AR Automation Order to Cash Collector Cash Applicator 52

Gaviti

FEBRUARY 18, 2024

Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate. Many businesses rely on an A/R management solution to automate the process and increase the likelihood of timely payments. Automate payment reminders.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

Ideally, customer credit applications should be streamlined to focus on only the most important information to ensure they are quick and accurate. Many businesses rely on an A/R management solution to automate the process and increase the likelihood of timely payments. Automate payment reminders.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Emagia

JANUARY 3, 2023

Digital technology has been around for some time from the days, but those applications including spreadsheets, ERP, and CRM only provided static output based on historical data. Cash application has a substantial impact on cash flow, which is arguably the most critical element in a business. Key Take Aways.

Cash Applicator 52

Cash Applicator Automated Cash Application DSO Credit and Collections 52

The Corcentric Blog

MAY 22, 2023

For finance executives seeking to streamline the complicated order-to-cash processes, software automation solutions provide a viable option. A complete automation workflow will significantly reduce the number of human touchpoints in the order-to-cash process and elevate systems accuracy.

Order to Cash 40

Order to Cash Accounts Receivable (AR) Invoice Collections Cash Applicator 40

SAP Credit Management

AUGUST 23, 2023

With SAP S/4HANA Cloud, Public Edition at the heart of the digital getaway, we can equip your institution – no matter its size – with software as a service designed to continuously embrace innovation in line with the swift pace of change. Here are some examples: The capability to automate business processes using machine learning.

Default 137

Default Transactions 137

Emagia

OCTOBER 6, 2023

These technologies transform the digital world, enabling users to create original content and intricate analytics, proactively identify business risks, or develop complicated software. Let’s examine how businesses can leverage GenAI’s capabilities to stay ahead of business rivals by looking at some of its commercial applications.

Order to Cash 64

Order to Cash 64

Gaviti

NOVEMBER 14, 2022

Companies can reduce many overwhelming and monotonous aspects of collections via automation. Sage Intacct streamlines collections tasks but automation alone is not enough. How companies implement automation also makes a difference. What Is Sage Intacct Accounts Receivable Software? Processing payments. Click Post Payment.

Credit and Collections 72

Credit and Collections DSO Invoice Collections Default 72

Waystar

MARCH 28, 2023

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. Intelligent automation in healthcare has grown quickly in recent years. What is intelligent automation in healthcare? Intelligent automation goes further than simply completing tasks without human intervention.

Transactions 97

Transactions 97

billtrust

OCTOBER 11, 2022

Stress-free accounts receivable solutions for smoother cash flow. How to get your money’s worth: The benefits of AR automation software 4 tips on how to speed up your collections. You’d be surprised how easy it is to get a grip on your cash flow with the right accounts receivable solutions. Collections.

Accounts Receivable (AR) 52

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

Onguard

AUGUST 9, 2023

By now, almost all companies are engaged in large-scale transformation from analogue to digital data, process automation and cost savings. Moreover, AI is able to perform work processes independently and, combined with data, automate tasks. Intelligent Automation (IA) Automation is a thing of the past.

Credit Management 52

Credit Management Credit and Collections Invoice Amount DSO 52

Serrala

OCTOBER 31, 2022

Combine Cash Application and S/4 Hana Implementation. Improve Cash Flow for the US Manufacturing Finance Industry. Combine Cash Application and S/4HANA Implementation . . For example, wide-scale digitization has enabled demand-focused and highly responsive supply chains that are both automated and cost-effective.

Cash Applicator 52

Cash Applicator DSO Days Sales Outstanding AR Automation 52

Your Virtual Credit Manager

MAY 30, 2023

Some automated billing solutions accommodate a wide range of customizable invoice features, so if your system has these capabilities do not hesitate to use them. Do you need help with your order-to-cash process? Both electronic invoicing and payments accelerate cash flow.

Electronic Funds Transfer 130

Electronic Funds Transfer Credit and Collections Vendor Portals Order to Cash 130

Due

NOVEMBER 17, 2023

Is your business limping along and losing cash ? Forty-four percent of founders said they went out of business because they ran out of cash. Look for ways to automate wherever you can. Now, it’s possible to eliminate mundane duties and “busywork” by turning them over to automated systems. There’s a Roomba for that.

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Serrala

AUGUST 29, 2022

Then it is time to consider how you can get more out of your FTEs through automation. Credit Risk Management Software for Effective Credit Control Proactive credit risk management is a must to support a healthy business strategy. The below will guide you through a few easy steps to identify if your credit landscape is due an upgrade.

Credit and Collections 52

Credit and Collections Credit Risk Dashboards Credit Scoring 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. Effective accounts receivable management has several elements that can be automated to facilitate the collections process.

Debt Collections 52

Debt Collections Credit and Collections DSO Invoice Collections 52

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. How Generative AI Can Improve Receivable Collection?

Credit and Collections 64

Credit and Collections Cash Applicator Current Receivables 64

Gaviti

MAY 9, 2023

Many companies now rely on automation software for A/R analytics and reports updated in real-time. Is this the answer to your cash flow needs? Consider the following benefits: Improved Decision Making: A/R analytics provide an up-to-date view of cash flow and customer payment trends. What Is Dynamic Reporting?

Days Sales Outstanding 52

Days Sales Outstanding DSO Collection Effectiveness Index Dashboards 52