Your Virtual Credit Manager

NOVEMBER 28, 2023

Whether you have automated AP or not, you’ll need to generate a comprehensive listing of all vendor invoices with their amounts and due dates, which you can then sum up into weekly or monthly payment forecasts. You will also need to account for a certain level of disputed invoices.

Cash Forecasting 130

Cash Forecasting Credit and Collections Accounts Receivable (AR) Invoice Disputes 130

Your Virtual Credit Manager

JANUARY 10, 2023

Photo by Patrick Hendry on Unsplash Although defaults resulting in significant bad debt losses are a rare event for trade creditors, much of the focus of AR Management is on credit risk. Banks make money by lending so they pay close attention to the credit risk of the borrower. Invoice Errors How accurate is your invoicing?

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Credit Management 130

Your Virtual Credit Manager

MAY 9, 2023

Should you forecast a cash shortage at any point, you will then have time to: Devise ways to increase your cash inflow, often involving more aggressive collections of your accounts receivable Plan which expenditures can be reduced and/or delayed Not a subscriber … why don’t you take advantage of a free YVCM subscription?

Cash Forecasting 130

Cash Forecasting Accounts Receivable (AR) Invoice Disputes Credit and Collections 130

Gaviti

AUGUST 23, 2023

What Is Invoice Dispute Management? Dispute management is the process of resolving disagreements or discrepancies between a business and its customers. It involves identifying the root cause of invoice disputes and finding solutions that satisfy both parties. write-off, debt collection or refund).

Invoice Disputes 96

Invoice Disputes Credit and Collections DSO Debt Collections 96

Gaviti

NOVEMBER 27, 2023

What Is Invoice Dispute Management? Dispute management is the process of resolving disagreements or discrepancies between a business and its customers. It involves identifying the root cause of invoice disputes and finding solutions that satisfy both parties. write-off, debt collection or refund).

Invoice Disputes 52

Invoice Disputes Credit and Collections Deductions Invoice to Cash 52