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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. One company that took a Six Sigma approach to eliminating deductions realized a 15 percent improvement to DSO.

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5 Tips for an Automated Cash Application Process

Gaviti

Increased globalization and cross-border transactions, a proliferation of diverse payment channels and methods, and rising customer expectations are creating more complex business environments for accounts receivable teams. Apply insights from these data reports to optimize collections strategies, reduce DSO, and improve your cash flow.