Your Virtual Credit Manager

SEPTEMBER 26, 2023

Many of these items result from unresolved payment deductions, customer chargebacks or disputes. Cleaning up open disputes and payment deductions requires significant labor over an extended period of time. Hiring a temporary collector or two is one solution.

Credit and Collections 147

Credit and Collections Accounts Receivable (AR) Deductions Collector 147

Gaviti

JANUARY 2, 2024

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.

Collection Effectiveness Index 52

Collection Effectiveness Index Average Days Delinquent DSO Days Sales Outstanding 52

Gaviti

JANUARY 7, 2024

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.

Invoice to Cash 52

Invoice to Cash Credit and Collections Collector Deductions 52

Gaviti

FEBRUARY 18, 2024

In many traditional collections teams, each individual collector develops their own process for managing invoices. Streamline the process for managing disputes and deductions. Cash Application. Get real-time reporting and analytics to quickly understand where any discrepancies or unapplied cash lies.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

FEBRUARY 18, 2024

In many traditional collections teams, each individual collector develops their own process for managing invoices. Streamline the process for managing disputes and deductions. Cash Application. Get real-time reporting and analytics to quickly understand where any discrepancies or unapplied cash lies.

Credit and Collections 52

Credit and Collections Deductions Collector DSO 52

Gaviti

DECEMBER 28, 2023

Inappropriate reactions on the part of the customer or collector during a collections call may make the situation worse. It also documents an audit trail of all disputes and deductions for any future analysis or audits. They deliver poor visibility into customer information.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Collector 52

The Esker Blog

JANUARY 10, 2023

We’ve found that by working to achieve these seven AR goals, your organization can better adapt collections strategies, collect cash faster, empower AR teams and achieve growth, no matter the business situation. Historically, the processes within collections, cash application and credit management are highly manual.

AR Aging 95

AR Aging Accounts Receivable (AR) Credit and Collections Past Due Invoices 95