Gaviti

JULY 24, 2024

Efficient invoice processing is critical to keeping your cash flow healthy. Invoice Collection: When the accounting department receives the invoice, the accounts payable team confirms whether it ordered and received the product or service. The team then compares the invoice bill to the purchase order.

Credit and Collections 98

Credit and Collections DSO Bad Debt Payment Portals 98

Emagia

FEBRUARY 5, 2023

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.

AR Automation 52

AR Automation Days Sales Outstanding DSO Credit and Collections 52

The Corcentric Blog

MAY 22, 2023

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. This is particularly helpful when managing orders with large amounts of invoices and transactions.

Order to Cash 40

Order to Cash Accounts Receivable (AR) Invoice Collections Cash Applicator 40

Lendio

MARCH 15, 2023

If you’re having trouble covering bills, you can use that information to figure out changes to make, such as boosting your invoice collection or cutting back on certain expenses. Business Checking Account This basic account is a must-have to facilitate transactions, both expenses and receivables.

Deductions 52

Deductions Credit Card Payments Credit and Collections Invoice Collections 52

Gaviti

APRIL 24, 2024

The Dunning Notice: The Foundation of any Dunning Workflow A dunning notice , or dunning letter, is a document sent to customers at various stages in the dunning process to collect unpaid invoices. Segment an unlimited number of workflows according to role, geographic regions, industry, customer type, etc.

DSO 52

DSO Credit and Collections Bad Debt Days Sales Outstanding 52

Gaviti

MARCH 6, 2023

They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. Bank integration directly impacts how efficient and successful payments and transactions are processed. Cash application solutions are an integral part of financial operations.

Cash Applicator 52

Cash Applicator Order to Cash Cash Forecasting DSO 52

Gaviti

MARCH 21, 2023

If this sounds like your company, then the best solution is to accelerate your accounts receivable collection so you can turn sales into capital you can actually use to maintain your business. There are many strategies to streamline invoice collection to get the money owed to your company quicker.

Invoice to Cash 52

Invoice to Cash Credit and Collections Alternative Payment Methods Credit Card Payments 52