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

Emagia

MAY 15, 2024

AI’s adaptable capabilities in financial analysis, credit risk management, receivables management, task automation, and accurate analysis of large datasets enhance reporting, analysis, precision, and consistency in treasury management and risk mitigation.

Default 52

Default Credit Risk Cash Applicator 52

Emagia

SEPTEMBER 27, 2023

Despite any lingering concerns, a study by Meridian Finance Group presented at the Gateway Conference found credit and financial professionals overwhelmingly selected “AI” as the top priority for businesses in 2023.

B2B Credit 52

B2B Credit Credit and Collections Order to Cash Cash Applicator 52

Emagia

MAY 1, 2024

. “The time has come to take advantage of it in terms of how we do things and how we might be able to do things better,” says David Schmidt, Managing Director at A2 Resources and former longtime contributor with Credit Today. Customer types can be summarized, with credit risks and trends fetched for each.

Order to Cash 52

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

Your Virtual Credit Manager

APRIL 4, 2023

.” This junk AR comes in a variety of forms, such as: Short Payments / Deductions Debit Memos Unapplied Credit Memos Unapplied Cash Late Payment Fees and other Surcharges Unearned Early Payment Discounts Clutter obscures the actual amount a customer owes and when presented as a statement of account can confuse their accounts payable (AP) team.

Past Due Invoices 100

Past Due Invoices Credit and Collections Deductions Accounts Receivable (AR) 100

Gaviti

APRIL 3, 2024

Use a credit monitoring tool to example customers’ past payment history and require stricter payment terms and implement tighter escalation processes for customers who present a higher credit risk. Carefully assess the payment history of the company and the risk it poses to your business. Cash application.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

DECEMBER 28, 2023

Aggregating data from collections calls is challenging and doesn’t offer a holistic view into the customer’s present financial situation. Third parties can present your company with challenges with regards to your customer’s data privacy. They deliver poor visibility into customer information.

Credit and Collections 52

Credit and Collections Invoice to Cash Deductions Collector 52