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Top Use Cases for Order-to-Cash

Emagia

. “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.

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Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

It's essential, however, for everybody to recognize that credit decisions also have broader implications across various aspects of company operations. In order for that to happen, everybody needs to be aligned in regard to sales and credit in general and the objectives of the order-to-cash process (O2C) in particular.

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The Imperative for Modernizing Trade Credit

Your Virtual Credit Manager

(Photo by David Gardiner on Unsplash ) Updating trade credit programs goes beyond defensive measures; it should also align with growth strategies, lower operational costs, and enhance the customer experience. More About Purchasing Credit Reports Please feel free to share this newsletter with your small business customers.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

Do not match unapplied credits with open deductions and debits unless there is documentation to relate them or you will be in violation of escheatment laws. Refresh the credit risk ratings and credit limits of customers that have not been updated within the past two years. Update your customer master file.

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AI, Inflationary Concerns Take Center Stage at NACM Connect’s Gateway Conference

Emagia

A majority of credit leaders who spoke on site at the Gateway Conference with representatives from Emagia noted that their companies had either begun integrating AI into their credit and finance operations or were actively exploring solutions to implement by early 2024.

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AI-Powered Cash Application: How Does it Benefit the Cash Flow of Your Global Business?

Emagia

The present technology is making automation possible for each business operation and back-office function, thus reducing or eliminating human involvement in various routine, manual, and low-value activities. Cash application has a substantial impact on cash flow, which is arguably the most critical element in a business.

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Why is B2B Credit Automation Critical in The Digital Era?

Emagia

Top line, bottom line, and cash flow – the three critical components in business – are the barometers of the health of a business, that influence its sustenance and growth. Order To Cash (OTC) is one business process that impacts all these three elements.