Your Virtual Credit Manager

JANUARY 3, 2023

Likewise, cleaning out the clutter that’s accumulated in your AR Ledger will make your AR portfolio “easier” to manage. Over time, AR Ledgers unfortunately tend to collect “Clutter.” Share How to Clean Up Your AR Ledger Launch a collection program to collect all past due invoices at least 15 days late.

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AR Automation Collector Credit and Collections Bad Debt 130

Your Virtual Credit Manager

MARCH 5, 2024

Finding the time and resources to accomplish all the collection activities required to do a good job is a constant challenge. Most small companies come up short because when there isn’t a dedicated employee responsible for credit and collections, the owner or CFO have more important things to do.

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Past Due Invoices Credit and Collections Collector Accounts Receivable (AR) 100

Your Virtual Credit Manager

FEBRUARY 13, 2024

Six Risk-Mitigation Activities You Can Initiate Right Away When faced with a deteriorating economy, or a growing risk environment, you should seek to collectively fortify the financial stability and minimize the credit risk exposure of your AR portfolio. Here’s how to call in the collection cavalry.

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Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

Your Virtual Credit Manager

DECEMBER 6, 2022

Photo by VD Photography on Unsplash Every Small to Medium Enterprise (SME), especially if you are a startup SME, has two overriding priorities: Selling your product/service to generate revenue Delivering the goods consistently at a high quality and on a timely basis. This software firm did not actively manage its AR.

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DSO Credit and Collections Bad Debt AR Aging 130

Your Virtual Credit Manager

AUGUST 15, 2023

Consequently, your collection process needs to adapt to each situation if you are going to realize the best outcomes possible. A one size fits all approach to collections will not achieve as high a level of recoveries and cash flow as a strategic approach to collections. That’s the reason for collection strategies.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Credit Management Small Businesses 130

SAP Credit Management

JULY 17, 2023

Along the way, I had the honour of exchanging with our large customer community within the Retail and Consumer Product industry. – Almost everyone who produces or sells products for end consumers! Software or features will only help you grow your business if you have clarity on your goals, KPIs and processes.

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Dashboards 146

RMAi Blog

JANUARY 11, 2023

G2 is the world’s largest and most trusted software review marketplace. Zenarate AI Coach maintained G2’s High Performer status by receiving high customer satisfaction scores from verified users compared to similar products in the Sales Training and Onboarding Software and Contact Center Quality Assurance Software categories.

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Your Virtual Credit Manager

MARCH 12, 2024

Are there past due accounts you are trying to collect? The experts at Your Virtual Credit Manager can help you bring in the cash. Learn More About YVCM Services Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit.

AR Transformation 100

AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

Your Virtual Credit Manager

MARCH 14, 2023

Commercial collections is no different. Collection myths can be found at the very root of bad decisions as well as informing counter-productive activities. Adhering to collection myths more often than not leads to bad outcomes. Simply put, collection myths get in the way of doing the best job possible.

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Collector Past Due Invoices Bad Debt Credit and Collections 189

SAP Credit Management

AUGUST 1, 2023

SAP CEI projects collect extended requirements from a broader customer base. Leveraging the well-established SAP CEI process SAP is bundling feedback towards the product along with ongoing investments and ensures that feedback is submitted in lockstep with SAP development.

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Emagia

MAY 1, 2024

. “The time has come to take advantage of it in terms of how we do things and how we might be able to do things better,” says David Schmidt, Managing Director at A2 Resources and former longtime contributor with Credit Today. Collections, payment, and invoicing software can reduce the time for preparation and follow-up.

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Order to Cash Cash Forecasting Credit and Collections Shared Service Center 52

SAP Credit Management

AUGUST 21, 2023

SAP E-Mobility, which was initially an open-source project that has gradually been transformed into a standard SAP software, has enabled companies to run their charging networks. There are multiple reasons for managing or limiting the access to certain charging stations. How can charging authorizations be defined in our app?

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SAP Credit Management

SEPTEMBER 12, 2023

To work with data in a scalable and robust way, it needs to be made accessible via APIs with clear contracts, using protocols that the software development ecosystem can work with easily, which is already the case today. SAP’s extensive experience and industry insight has been crucial in defining the future of enterprise software.

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Default 188

SAP Credit Management

AUGUST 3, 2023

See in this blog how we continue our journey to increase key differentiators full of exciting innovations, enhancements, and features supporting your intelligent enterprise in the Product Compliance area, and I will walk you through the selected key highlights for SAP S/4HANA Cloud, public edition 2308 release.

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SAP Credit Management

AUGUST 28, 2023

The integration is about transport management and will constantly evolve. Note: Only transports / software collections exported after you established the connection of your SAP S/4HANA Cloud development and customizing system to SAP Cloud ALM will be pushed to SAP Cloud ALM. How does it work?

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Collenda

FEBRUARY 26, 2024

Aryza and Acquired.com Partnership Revolutionises Customer Experience Aryza Group, a leading provider of financial software solutions, has reached a significant milestone in its collaboration with payments specialists Acquired.com. Key benefits to Aryza’s customers include an increase in payment processing and collections.

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Credit and Collections Transactions 64

Collenda

FEBRUARY 26, 2024

Aryza and Acquired.com Partnership Revolutionises Customer Experience Aryza Group , a leading provider of financial software solutions, has reached a significant milestone in its collaboration with payments specialists Acquired.com. Key benefits to Aryza’s customers include an increase in payment processing and collections.

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Credit and Collections Transactions 64

Your Virtual Credit Manager

FEBRUARY 7, 2023

But as business managers from different industries, we shared a pretty huge common problem - never knowing when our clients would pay us for the service we provided them. Automation is the cost-effective way to increase productivity. Getting paid can be a pain. it just might help them pay you sooner!

AR Automation 130

AR Automation Accounts Receivable (AR) Credit and Collections Bad Debt 130

Your Virtual Credit Manager

SEPTEMBER 13, 2022

They occur because a customer does not receive your product or service as ordered, or feels the invoice is incorrect. If not approved, there should be an attempt to collect the disputed amount to avoid diluting profits, and if not collected, the deduction should be cleared by a bad debt write-off.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130

SAP Credit Management

JANUARY 22, 2023

Reference That is Part 4 of the blog article series I would like to describe the Value Management Approach for Chemical companies. The effective Value Management Approach – high-level overview. High-level business solution architecture for Digital Transformation with Embedded Value Management Approach. Ola, boa tarde!

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SAP Credit Management

JANUARY 27, 2023

While each company’s definition of sustainability will depend on variables such as country, industry, and product line, the purpose of this blog is to talk about one dimension of sustainability: Supplier Diversity. Manage the supplier. To find diverse suppliers, non-profits, supplier data companies and supplier networks can help.

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Lockstep

NOVEMBER 8, 2022

Lockstep will provide SYSPRO’s North American customers access to award-winning accounts receivable (AR) automation software, Lockstep® Receivables. By automating a company’s collections process, cash flow is increased, and credit risk is decreased. Lockstep connects over six million companies comprising over $3.5B

AR Automation 120

AR Automation Accounts Receivable (AR) Automated Cash Application Credit and Collections 120

Your Virtual Credit Manager

APRIL 4, 2023

Supporting profitable sales through the extension of credit Collecting as much of the AR generated as possible by or near the due date to ensure a substantial cash inflow Mitigating the risk of bad debt losses These tasks are best accomplished in a tidy environment. This is why a pro-active approach to receivables management is so important.

Past Due Invoices 100

Past Due Invoices Credit and Collections Deductions Accounts Receivable (AR) 100

SAP Credit Management

AUGUST 1, 2023

Hold tight as we navigate through this exciting intersection of artificial intelligence and enterprise software. Code Generation ABAP Code Development ChatGPT, despite its self-proclaimed inability to write software, has demonstrated remarkable proficiency in generating code in response to natural language prompts. Let us take a look.

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Process Mining 162

Due

NOVEMBER 26, 2023

If you’re a budding small business owner or entrepreneur seeking to hone your financial expertise, dedicating time to perfecting cash flow management early on is vital to solidify foundations and ensure continued success. Practicing cash flow management is about more than knowing your present financial circumstances.

Transactions 105

Transactions Small Businesses 105

SAP Credit Management

AUGUST 17, 2023

System Testing against the API layer is a vital part of software development, as it ensures that the APIs are functioning correctly and meeting the expected requirements. This process is essential for ensuring the quality and reliability of the software. Test code can be as important as productive code.

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SAP Credit Management

JANUARY 10, 2023

The collecting and transfer of data in a manner that is both effective and efficient would be of immense advantage to the healthcare business. The healthcare software development companies in USA market use an ever-expanding variety of product classifications. Standard, payer, and patient choice changes.

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Collenda

FEBRUARY 26, 2024

Aryza and Acquired.com Partnership Revolutionises Customer Experience Aryza Group , a leading provider of financial software solutions, has reached a significant milestone in its collaboration with payments specialists Acquired.com. Key benefits to Aryza’s customers include an increase in payment processing and collections.

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Credit and Collections Transactions 52

Grit

APRIL 23, 2024

Have you ever wondered how to use BigCommerce to increase sales and improve order management? Inventory Management: Atom8 B2B offers robust inventory management capabilities that allow businesses to track stock levels, manage product listings, and forecast demand. Well, you’re in luck!

Dashboards 52

Dashboards 52

SAP Credit Management

SEPTEMBER 12, 2023

This introduces a novel form of complexity that necessitates effective management strategies. Data Collection: Consolidation and manipulation of data and documents obtained from various data sources, websites, and applications.

Process Mining 186

Process Mining Credit and Collections Transactions 186

SAP Credit Management

AUGUST 28, 2023

SAP S/4HANA Cloud for group reporting 2308 is Live — We in SAP Product Engineering team are pleased to announce the general availability of SAP S/4HANA Cloud for group reporting release 2308 on July 26, 2023. In release 2308, the realignment function now supports extension ledger. You can find more information in the SAP Note 3283874.

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SAP Credit Management

DECEMBER 20, 2022

I am a collector of old computers and software and have a passion for these vintage systems. I have a collection of old servers and hardware from SUN, SGI, CRAY, Apple… and I like to tinker with them occasionally so why not? why not try to find the oldest SAP software still available and see if I could install it.

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Collector Transactions Default 154

SAP Credit Management

AUGUST 7, 2023

But, rightly or wrongly, many also perceived ERP software as too complex for organizations of their size, especially those lacking dedicated IT staff to implement, maintain and update on-prem applications. Cloud ERP for all Today, these preconceptions have been completely upended by the cloud. Many will be at, or beyond, their end of life.

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Due

FEBRUARY 5, 2024

The following four should all benefit from routine data collection and evaluation. Rather than trying to come up with keywords on your own, you can rely on a data-rich platform to recommend keywords based on your company’s products or services. Consider generative AI transcription software as an example.

Credit and Collections 116

Credit and Collections 116

SAP Credit Management

FEBRUARY 6, 2023

We in SAP Product Engineering team are happy to announce the general availability of SAP S/4HANA Cloud for group reporting release 2302 on January 25, 2022. Leverage Group Reporting’s existing abilities to manage and orchestrate global data collection processes for currencies, quantities, and texts for ESG scenario.

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Transactions 142

Waystar

MARCH 21, 2023

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. Point-of-service collections in healthcare grow more complex — and more critical — each day. Use these four tips to improve your collections at the time of care. Point-of-service collections in healthcare tip: 1.

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Credit and Collections Deductions Transactions 98

Your Virtual Credit Manager

OCTOBER 25, 2022

To add insult to injury, the situation is exacerbated by collection calls from the supplier, albeit innocently made in an attempt to get the order released from the credit hold queue. Wasted Collection effort – contacting customers to pay invoices they’ve already paid. These costs cannot be charged to the customer.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Cash Applicator Deductions 130