SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

Initial denial rates have risen over a percentage point each year industry-wide since 2021. The volume of Medicaid denials continues to have the highest increase month over month since 2021. Payers are slowing down their processing of denials dramatically. So why have denial rates risen so dramatically?

AR 59

AR Billing Revenue Cycle Revenue Cycle Management 59

AvidXchange

JULY 13, 2023

Compared to check payments, credit card payments via merchant account offer several benefits, including: Faster cash flow: Receive payment funds in days instead of weeks. A report by the Federal Reserve notes that 28% of payments in 2021 were made via credit card.

Accounting 52

Accounting Accounting Deposits Data Entry 52

SSI Healthcare Rev Cycle Solutions

NOVEMBER 17, 2023

Initial denial rates have risen over a percentage point each year industry-wide since 2021. The volume of Medicaid denials continues to have the highest increase month over month since 2021. Payers are slowing down their processing of denials dramatically. So why have denial rates risen so dramatically?

AR 52

AR Billing Revenue Cycle Revenue Cycle Management 52

Cloud Accounting Podcast

JUNE 30, 2021

We've got voicemail about why accountants chose to not take the CPA path. In acquisitions, VISA bought Tink, and in app news, we've got an overview of QuickBooks Online updates for June, and new accounts receivable management features from Wave, Venmo's updated pricing policies, and more!

Tax 40

Tax AR CPA QuickBooks 40

Gaviti

APRIL 30, 2023

While payment fraud can take many forms, the one that affects accounts receivable departments the most is payment redirection fraud and prevents your company from getting money due to them. Payment redirection fraud is a scam that involves a criminal deceiving a business or individual into making a payment to a fraudulent account.

Invoicing 52

Invoicing Accounts Receivable Account Receivables Accounts Receivable 52

AvidXchange

OCTOBER 14, 2022

Additionally, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , checks continue to be the top vehicle for payment fraud. For instance, would you invest in inventory for another job, supplies to grow your business or maybe a marketing campaign? What is the cost of not having those funds?

Deposits 52

Deposits AR Invoicing AP 52

Billing Platform

MAY 26, 2023

It provides an accurate view of how much money is entering and leaving your business, not the amount of money you’re waiting on from accounts receivable (AR). Compounding cash flow refers to the incremental recurring revenue received from subscribers.

Billing 52

Billing AR Invoicing Tax 52

IMA's Count Me

FEBRUARY 6, 2022

The global pandemic in 2020 and 2021 has shifted how finance and accounting professionals work in a virtual environment. For bots and RPAs, a good example would be automation of accounts receivable, reconciliation that's based on specific requirements defined to run on a recurring basis.

Auditing 40

Auditing Budgeting AR Accounting 40

Billing Platform

FEBRUARY 17, 2023

Continuing on its upwards trajectory, the global market value of the subscription economy reached $292 billion in 2022 – up from $224 billion in 2021. What does 2023 hold in store for subscription-based organizations? According to consumer surveys , the competitive nature of the industry will be at an all-time high in 2023.

Billing 52

Billing General Ledger Invoicing Financial Reporting 52

CapActix

OCTOBER 10, 2023

Wave Wave empowers CPAs and accounting firms to effortlessly search through transactions, create tailored accounting reports, and harmonize data across diverse Wave offerings.

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

Nanonets

SEPTEMBER 21, 2023

Sample Invoice Invoice Number Date Due Date INV-20210001 January 1, 2021 January 31, 2021 Item Description Quantity Unit Price Amount Product A Description of Product A 2 $50.00 $100.00 It helps in tracking sales, managing accounts receivable, and ensuring timely payments. Product B Description of Product B 1 $75.00 $75.00

Invoicing 52

Invoicing Invoice Processing Collections Tax 52

IMA's Count Me

DECEMBER 20, 2020

And, that was very important because, at that moment we had a high amount of outstanding accounts receivable, but as we acted as a partner of trust and we collected almost all of the receivables, by the end of the second quarter, and as a result of all these measures, we did not burn any cash over six months period since the outbreak of the virus.

Budgeting 40

Budgeting Accounts Receivable Account Receivables Accounts Receivable 40

Cloud Accounting Podcast

JUNE 1, 2020

Now, only six percent of CFOs think that normal operations will resume in Q3; 16 percent think that it will resume in Q4; 21 percent think that normal operations will resume in Q1 of 2021; and a full 39 percent feel that normal operations will not resume until the second quarter of 2021 or later.

Tax 40

Tax Billing QuickBooks Payroll 40

Cloud Accounting Podcast

NOVEMBER 10, 2020

We'll also talk about the income tax surprise waiting for remote workers in 2021, and why California fined KPMG $1.3M In PPP news, we'll discuss how a judge ordered the SBA to reveal PPP loan data it sought to obscure, while evidence of PPP fraud mounts. for cheating scandal. All this and more, right now!

XERO 40

XERO Accounts Receivable Account Receivables Accounts Receivable 40