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Are Your Profits Going Up in Smoke?

Your Virtual Credit Manager

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. Well, it’s not.

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How to Reduce Collection Calls With A/R Automation Software

Gaviti

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. The ability to track and measure performance.

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5 Tips for an Automated Cash Application Process

Gaviti

In contrast with manual cash application, automated cash application can process invoices 24-7, reducing friction in the payment processing as they expand their customer base. Gain real-time visibility into the status of unpaid, unmatched and applied invoices and how they impact your A/R performance. It is more accurate.