Your Virtual Credit Manager

JANUARY 9, 2024

More About Purchasing Credit Reports Automate Repetitive Issues As illustrated above, repetitive issues such as payment deductions or applying payments can become bottlenecks that require a process solution. However, repetitive issues can also just be something that is required to be done repeatedly.

Credit and Collections 130

Credit and Collections AR Aging Accounts Receivable (AR) Deductions 130

Your Virtual Credit Manager

JANUARY 3, 2023

” This junk AR comes in a variety of forms, such as: Short payment/deductions Debit memos Unapplied credit memos Unapplied cash Late payment fees and other surcharges Early payment discounts taken but not deserved Clutter obscures the true amount a customer owes and causes confusion.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Gaviti

APRIL 3, 2024

Integrate with external credit rating agencies and other reputable sources to gain better understanding of the creditworthiness of your customers and prospective customers. Use online credit applications to streamline the credit approval process. Disputes and deductions. Cash application.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Gaviti

APRIL 11, 2024

For example, some might prefer to pay in person via credit or debit card. Credit management and monitoring. Send online credit applications to existing and potential customers to evaluate customer’s creditworthiness. Disputes and deductions.

Bad Debt 98

Bad Debt Credit and Collections Collection Effectiveness Index DSO 98

Gaviti

APRIL 18, 2024

It also helps provide documentation in the event that your company has bad debt that it is able to take as a tax deduction. Disputes and deductions. Credit management and monitoring. Send online credit applications to both existing customers and potential prospects.

AR Aging 52

AR Aging Credit and Collections Bad Debt Accounts Receivable (AR) 52