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FAQ on Credit Control: Prioritising Collections

Credit Management Group UK

I’m sure I’m owed lots of money but I send so many invoices, that it is becoming increasingly hard to chase them all? The trick is to know how to plan invoice collection. Prioritise Focus on calling your customers based on the invoices with the highest value. What advice can you give me with regards to asking for money?

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What Should You Do When Considering Invoice Finance?

Credit Management Group UK

Factoring vs Confidential invoice finance Although they serve the same purpose, to finance your invoices prior to your customer making payment, factoring and confidential invoice finance are quite different and often have different results.

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Forwardly Takes Center Stage by Winning Accounting Tech of the Year at the 2023 US Fintech Awards

ForwardAI

Forwardly, an emerging leader in business payments, helps businesses achieve zero debt with its innovative instant and same-day automatic invoice collection. Originally posted on EINPresswire.

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What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

Emagia

Automation of accounts receivable is the process of automating various manual tasks involved AR process like invoicing, collecting, and tracking receivable to ensure timely collection. Automated AR software can bring in efficiency and speed to invoicing, collection, payment matching and cash application.

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A/R Management vs Debt Collection: What’s the Difference?

Gaviti

Many businesses don’t outsource their accounts receivables collections because they don’t want to risk damaging the customer relationship and prefer to maintain control over interactions. But at this point, the customer hasn’t responded to any of your proactive A/R management or more aggressive methods for invoice collections.

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The 5 Best Collections Email Templates

Gaviti

An A/R collections email template supports quick and efficient communication between you and your clients. It also eases the burden of invoice collections somewhat). It saves your team significant time during your dunning processes, freeing you from needing to build each email from scratch. (It

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Optimizing Order-to-Cash Processes with Automation

The Corcentric Blog

With a comprehensive automation strategy, functions like accounts receivable (AR) activities, invoicing, collections, dispute management, and cash application can be automated with substantial efficiency gains.