What is your Bad Debt to Sales Ratio?
What is your Bad Debt to Sales Ratio? Most companies make sales on credit: credit can help increase a business’ volume and value of sales by offering buyers an alternative way to pay than …
Drive a Faster, Happier Collections Process for Your Customers with AI/ML
Drive a Faster, Happier Collections Process for Your Customers with AI/ML Collections management is a central part of the credit-to-cash process. It encompasses all the activities that happen after an invoice is sent to a …
Three Ways to Use Automation and Machine Learning to Resolve Disputes and Increase Cash Flow
Three Ways to Use Automation and Machine Learning to Resolve Disputes and Increase Cash Flow When an invoice or purchase order is in dispute, it puts the payment at risk. With the payment at risk, several factors are now potentially impacted:
How collections management with AI/ML can improve customer loyalty
How collections management with AI/ML can improve customer loyalty It might seem a bit oxymoronic to put those two words together - collections and brand loyalty. One suggests chasing errant customers, and the other …
Why Financial Services Institutions Need AR Automation Right Now
Why Financial Services Institutions Need AR Automation Right Now It’s an unusual time for financial services companies. And difficult.
Three Actions Distributors Need to Take Now
Three Actions Distributors Need to Take Now The classic challenge as a wholesaler or distributor is getting product out the door and where it needs to go. This is what you do best. Your …
What is ACH?
What is ACH? Globally, this method is referred to as Electronic Funds Transfer (EFT), Pre-Authorized Debit, Direct Debit or BACS (Bankers Authorized Clearing …
What is an AR Aging Report?
What is an AR Aging Report? The accounts receivable (AR) aging report is a critical tracking mechanism for cash flow planning. A basic AR aging report features the total owed by …