Your Virtual Credit Manager

OCTOBER 25, 2022

However, any departure from the routine can lead to posting delays in addition to impacting future revenue and cash flow, alienating customers, and increasing administrative costs. Wasted Collection effort – contacting customers to pay invoices they’ve already paid. Who would’ve thought?

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Cash Applicator Deductions 130

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. The second is knowledge of your Order-to-Cash process.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130

Gaviti

DECEMBER 28, 2023

It can ensure communication is clear and efficient, giving the customer important information such as the invoice amount, payment options, schedule, delivery date and purchase order in the invoice so that all of the data is available and in the same place.

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Credit and Collections Invoice to Cash Deductions Collector 52