Your Virtual Credit Manager

MAY 30, 2023

Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Customers increasingly prefer electronic transactions. Some even require it, especially for invoicing. Moreover, most European nations now require electronic invoicing by law.

Electronic Funds Transfer 130

Electronic Funds Transfer Credit and Collections Vendor Portals Order to Cash 130

Your Virtual Credit Manager

JANUARY 10, 2023

While the impact of defaults can be severe, late payments are very common though their impact less visible. Compared to late payments, zero payment is a much worse outcome, but when you have to borrow money to compensate for cash flow shortages, the impact of slow payments becomes very real and painful.

Credit and Collections 130

Credit and Collections Bad Debt Invoice Disputes Credit Management 130

Gaviti

APRIL 3, 2024

Understanding Days Sales Outstanding Days Sales Outstanding, or DSO , is the average number of days it takes a company to collect revenue from an invoice. This includes both current, past and overdue invoices. This includes both current, past and overdue invoices. monthly, quarterly or annually).

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

TreviPay

AUGUST 30, 2023

As a fintech organization with more than four decades of experience, TreviPay combines technology expertise, product innovation and funding choices to support businesses of all sizes, across all sales channels. Because the B2B payments flow tends to have multiple stakeholders and numerous layers of infrastructure, it’s a complex process.

Credit and Collections 52

Credit and Collections B2B Credit Bad Debt Transactions 52

Emagia

JUNE 19, 2023

Invoice is an important factor in financing in many industries. Invoices serve as a record of transactions between businesses and clients. An invoice is a document that provides information of products and services provided to a client. Invoicing is important for managing cash flow. What is an Invoice?

AR Automation 52

AR Automation Past Due Invoices Accounts Receivable (AR) Credit and Collections 52

Your Virtual Credit Manager

MAY 7, 2024

Among other customer service issues, the absence of fulfillment errors and invoice discrepancies removes valid reasons to delay payment. Among other customer service issues, the absence of fulfillment errors and invoice discrepancies removes valid reasons to delay payment. Here’s a case in point.

Credit and Collections 130

Credit and Collections Credit Risk Credit Management Order to Cash 130

Fundera

AUGUST 29, 2019

In the merchant services industry, payment technology is constantly changing and evolving—and therefore, the companies that provide these services must adjust accordingly. Take Sage Payment Solutions, for example. Started in 1989, Sage Payment Solutions served U.S. Is Paya payments right for you? Paya Payments Solutions.

Credit and Collections 49

Credit and Collections Transactions Credit Card Payments Small Businesses 49