Your Virtual Credit Manager

DECEMBER 19, 2023

If they are the result of a payment deduction (partial payment), an issue requiring an administrative solution, not handling the matter inflates your AR. Anytime there is a payment deduction or a partial balance is left on an invoice, it should be a matter of policy to resolve the underlying issue within 30 days.

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DSO Third Party Collections Credit and Collections Deductions 130

TreviPay

AUGUST 31, 2023

Let’s dive into the stories of the businesses that have harnessed the power of TreviPay to elevate their payments operations to create lasting relationships with their clients. Lenovo: Enabling Flexible B2B Sales In the dynamic world of technology, global giant Lenovo sought to revolutionize its B2B sales strategy.

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Transactions 98

TreviPay

DECEMBER 1, 2023

Delivering financing services to business-to-business (B2B) customers can make a big difference to a company’s growth. This is why, in the world of B2B eCommerce , embedded finance is not just a value-added service for most companies. Initially, this trend was not as popular in the B2B world. What is embedded finance?

Credit and Collections 52

Credit and Collections Transactions Order to Cash Default 52

Grit

APRIL 28, 2024

Payment Process Obstacles Limited payment options, concerns over payment security, or convoluted input fields can act as roadblocks in the checkout process. Customers expect a seamless and trustworthy payment integration, so any obstacles here can lead to abandonment.

Transactions 52

Transactions 52

Your Virtual Credit Manager

MAY 30, 2023

Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Increasingly, electronic payments are replacing checks in B2B scenarios. E-payments are probably the preferred way to pay for a large and growing portion of your customers.

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Electronic Funds Transfer Credit and Collections Vendor Portals Credit Management 130

TreviPay

DECEMBER 15, 2023

On behalf of TreviPay, Windward Strategy , a B2B payments consultancy surveyed North American mid-market B2B suppliers. This survey aimed to uncover trends in B2B buyer purchase channels, credit granting and payment experiences. Suppliers find eCommerce promotes loyalty and is the lowest cost to serve.

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TreviPay

NOVEMBER 1, 2023

But no matter how well you know your B2B customers, there are always pain points they don’t tell you. It expands on the first section of our full report, The Data Is In: B2B Buyers Are Clamoring for Better Payments. Let’s start with a closer look at where business buyers think B2B sellers could do better.

Transactions 66

Transactions 66

Credit Management Group UK

APRIL 15, 2024

For many businesses it is not deemed feasible to have a credit control department which is entirely understandable, however from experience, those that are left with credit control duties often lack the knowledge and confidence to chase for payment firmly when necessary or just don’t like asking for payment.

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Credit Management Credit and Collections 86

SAP Credit Management

SEPTEMBER 19, 2023

Read on to find out how its core capabilities, Contract Accounting and Convergent Invoicing, plus integration with SAP Document and Reporting Compliance, can help you with everything from tax calculation and compliance, billing and invoicing, through to statutory reporting and payment collection.

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Transactions 193

TreviPay

OCTOBER 25, 2023

Welcome to the third and final blog in this series covering the details about the perfected B2B payments experience. The data is from our most recent research report, The Data Is In: B2B Buyers Are Clamoring for Better Payments , which we conducted in partnership with Murphy Research. B2B buyers want convenience.

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Credit and Collections Credit Application Transactions 52

TreviPay

AUGUST 11, 2023

The business-to-business (B2B) payments landscape is changing rapidly. Payments pioneers, like Amazon and Venmo, have set the standard. Now B2B buyers seek the simple purchasing experience that consumer payments give them. Some traditional payment methods are still popular. The average U.S.

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Credit Card Payments Accounts Receivable (AR) Days Sales Outstanding Transactions 52

TreviPay

FEBRUARY 7, 2024

In this video, Allen Bonde reveals the findings of our comprehensive B2B Buyer Report , providing invaluable data on buyer preferences, geographical trends and payment solutions. Access the B2B Buyer Report Now The post Unlock Tomorrow’s Strategies: B2B Buyer Report appeared first on TreviPay.

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Your Virtual Credit Manager

DECEMBER 6, 2022

If your sales are consummated via payment at the point of sale, which may involve “pay with order” or “pay on delivery” protocols involving a credit card or an online e-payment product, managing Accounts Receivable (AR) will not be big issue for you. it just might help them pay you sooner!

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DSO Credit and Collections Bad Debt AR Aging 130

Your Virtual Credit Manager

JANUARY 30, 2024

Learn More About YVCM Consulting The Traditional Approach to Automating Collections Automation introduced a structured approach to collection strategies, driven by trigger events such as days past due, missed payments, or non-responsiveness to communication.

Credit and Collections 130

Credit and Collections Collector Accounts Receivable (AR) Days Sales Outstanding 130

TreviPay

NOVEMBER 2, 2022

If your customers are like 9 out of 10, they’re researching payment methods before establishing a relationship with a new vendor. Buyers are constantly searching for more seamless payment methods to help streamline purchasing, which is why it is so important to continue growing your payment options as your business evolves.

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TreviPay

NOVEMBER 20, 2023

Episode 2: Unveiling B2B Buyer Insights with Murphy Research’s, Stephanie Friedman Join Allen Bonde, TreviPay Chief Marketing Officer , in conversation on this installment of Beyond The Transaction as Allen digs into the nuances of buyer behaviors, preferences and pain points with Stephanie Friedman, VP of Account Management at Murphy Research.

Transactions 52

Transactions 52

Grit

APRIL 24, 2024

Payment processing is built into the platform with PCI-compliant gateways. Many allow automatic payment capture when an order is placed or a manual authorization letter. This level of customization ensures a tailored experience for your B2B customers without impacting B2C operations.

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Grit

APRIL 21, 2024

In this procedure, the buyer specifies what they need in terms of a specific good or service, and vendors are asked to provide their price lists and terms of payment. Which important factors do they consider when assessing your solution? To what extent is their issue urgent, and how quickly do they require a solution?

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Gaviti

OCTOBER 23, 2023

As the global economic situation fuels business uncertainty, many companies are experiencing a much slower cash flow than they would prefer, a result of late payments from customers. One possibility is by running a business credit score and report on new customers. What is a Business Credit Score and Report?

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Credit Scoring Credit and Collections Credit Application Bankruptcy 97

MNS Credit Management Group

MAY 3, 2023

The world of business-to-business (B2B) debt collection is a complex and ever-changing landscape, and global payment delays and bankruptcies can have a significant impact on the industry. In this article, we will explore the causes of these issues, their consequences in the b2b debt collection industry, and potential solutions.

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Bankruptcy Debt Collections Collector Credit and Collections 52

Emagia

FEBRUARY 2, 2024

What is B2B Credit Automation For The Digital Era? Why B2B Credit Automation is Critical For Digital Businesses? While credit is nil or minimal in the B2C digital business space, it is as usual in the B2B digital business. Granting credit is an important tool for attracting and retaining customers. Emerging Industry 4.0

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B2B Credit Credit and Collections Credit Application Credit Management 52

TreviPay

FEBRUARY 27, 2023

The same can be said of business-to-business (B2B) buy now pay later (BNPL). It sounds the same as the solution that has become popular with consumers, but for businesses. But B2B and B2C are different in many ways. So it’s worth asking: Is B2B BNPL just another form of BNPL or is it something unique?

Credit and Collections 52

Credit and Collections Transactions Order to Cash Small Businesses 52

TreviPay

AUGUST 30, 2023

Because the B2B payments flow tends to have multiple stakeholders and numerous layers of infrastructure, it’s a complex process. Fortunately, TreviPay has all the pieces in place to simplify this complex B2B buying journey.

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Credit and Collections B2B Credit Bad Debt Transactions 52

Gaviti

MAY 30, 2023

Here are some tasks performed by outsourced accounts receivable teams: Monitoring delinquency and taking action to get accounts back on track: Professionals generate reports that track delinquency and payments, such as the aging report. The company hiring them may determine potential solutions, such as paying in installments.

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Credit and Collections Cybersecurity Bankruptcy 98

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The key challenge in credit risk and receivable management is the inability to systematically predict customer payment behavior, mitigate the risks of contract non-compliances, and prevent increasing payment delays and defaults.

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Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The key challenge in credit risk and receivable management is the inability to systematically predict customer payment behavior, mitigate the risks of contract non-compliances, and prevent increasing payment delays and defaults.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

TreviPay

JULY 20, 2023

A single pane of glass (SPOG) solution is a software portal that consolidates data from multiple sources into a single interface. SPOG solutions save users time and effort and create a more useful and engaging user experience. The post APIs Enable a ‘Single Pane of Glass’ User Experience for B2B Invoicing appeared first on TreviPay.

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Bad Debt DSO Transactions 52

TreviPay

FEBRUARY 14, 2024

Dock & Bay: Decreasing Credit Risk & Growing Orders with Automated Trade Credit Hassle-Free Payments TreviPay’s streamlined processes ensure that customers never have to worry about late or missing payments again. Effortless Automation From credit applications to payments, everything happens online and seamlessly.

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DSO Credit Application Credit Risk 59

TreviPay

NOVEMBER 14, 2022

Recently, we discussed the data gleaned from the newly published B2B Buyers Report: More Payment Options Means More Purchases and “The top 3 B2B Payment Frustrations for SMBs and Enterprises”. . One way to increase buyer satisfaction is to enlist the help of a solution like TreviPay. Ready to learn more?

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Alternative Payment Methods 65

TreviPay

JANUARY 7, 2023

Meanwhile, 25% of businesses wait 88 days or more to receive payment. From implementing TreviPay ® (TreviPay) to providing multiple payment options, identifying ways to minimize DSO can eliminate many of the challenges that result from restricted cash flow. Net terms provide greater purchasing flexibility when cash is short.

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DSO Days Sales Outstanding Alternative Payment Methods Credit and Collections 59

TreviPay

APRIL 5, 2023

We sat down with Principal Analyst, Jacob Morgan from Forrester to continue our conversation in the webinar “ Taking on the Digital Invoicing and Payments Revolution ,” to discuss the current state of B2B payments. Read the Q&A below to learn more about the digital invoicing and payments revolution.

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Waystar

FEBRUARY 29, 2024

Create a drawbridge protocol for B2B connections. Implement solutions that are high-accuracy and low-touch first. Implementing even one of these solutions will have an exponential impact on productivity and patient satisfaction. Use robust alerts and claim monitoring technology to work claims with a high probability of payment.

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Dashboards Transactions 103

TreviPay

SEPTEMBER 15, 2023

These can include areas such as operational expenses, debt payments, investments, and other financial goals. These include areas such as payroll, rent, and debt payments, as well as pay obligations such as accounts payable (A/P). So, it knew its B2B purchasing journey had to exceed expectations. and cross-country carriers.

Electronic Funds Transfer 52

Electronic Funds Transfer Credit and Collections Days Sales Outstanding DSO 52

TreviPay

FEBRUARY 24, 2023

For years, B2C solutions have dominated market transformation with innovations such as mobile payments and digital wallets. But now, we’re seeing a shift with B2B taking over with innovation. Platforms are dominating distribution, either in the form of B2B marketplaces or in the distribution of bundled services.

Order to Cash 59

Order to Cash Transactions 59

TreviPay

NOVEMBER 23, 2022

For many business-to-business (B2B) buyers, Amazon Business may be their first experience in a B2B marketplace. It was launched in 2015 and is now the leading B2B marketplace in many areas. Either way, B2B is catching up fast. Either way, B2B is catching up fast. What is B2B? What is a B2B marketplace?

Transactions 59

Transactions Small Businesses 59

TreviPay

MARCH 20, 2023

Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. It matters even more for companies working in the business-to-business (B2B) space. What is B2B credit management? These features also influence B2B credit management , too.

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B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

TreviPay

APRIL 11, 2023

It sells to both B2C and B2B, including corporate, resellers, insurers, government funded bodies and SMBs. Pressures on OPEX stemming from competitive forces, the economy and low return on capital employed had left them in a position of needing to reassess resource deployment for growing B2B. Billion in 2023. Why TreviPay?

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