Gaviti

MARCH 5, 2025

This article examines the rising threat of fraudulent activities targeting accounts receivable, the necessity of a robust fraud prevention strategy, common fraud schemes that businesses must be aware of, and actionable steps on how to prevent accounts receivable fraud in 2025. Ready to see how our solution can protect your AR process?

Accounts Receivable 80

Accounts Receivable Accounts Receivable Account Receivables Accounting 80

Gaviti

DECEMBER 18, 2024

Different types of reports include an accounts receivable aging report, customer balance reports, collections performance reports, and cash flow forecasting reports. Track A/R performance metrics and KPIs such as collection rates, total A/R, DSO, customer risk, collective effectiveness index (CEI) and accounts receivable turnover ratio (ART).

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

Gaviti

JANUARY 26, 2025

A robust customer payment portal streamlines collections, simplifies the act of transferring payments, and eliminates many of the manual tasks that can bog down a companys operations. As you grow, managing invoices, histories, collections, and customer communication in general becomes increasingly unsustainable.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

AvidXchange

NOVEMBER 15, 2024

AvidXchange’s 2025 Trends Survey found that the percentage of businesses using mobile payment platforms (like Venmo or Apple Pay) most often to pay suppliers nearly doubled to 15% in 2024 (compared to 8% in 2023). ePayments also help reduce the costs associated with handling, storing, and reconciling paper checks.

Deposits 52

Deposits Invoicing Reconciling Collections 52

Nanonets

MAY 31, 2023

This process is also time-consuming, as tasks like reconciling accounts, generating reports, and conducting financial analysis require several manhours. According to Insider Intelligence , automating financial tasks with AI has the potential to save North American banks $70 billion by 2025.

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Data Entry Financial Operations Financial Operations Bookkeeping 122

NextProcess

JANUARY 19, 2023

How do you use the data you’re collecting about travel and expense (T&E) in your company? According to predictions from the Global Business Travel Association , “global business travel will almost reach pre-pandemic levels in 2025” and return to “the $1.4 trillion dollar mark” in the middle of 2026.

Expense Reports 52

Expense Reports Collections Budgeting Auditing 52

FinOps Foundation

NOVEMBER 22, 2024

Join us in San Diego in June 2025 for another engaging event where we will see how all of these topics are evolving. The panel dove into tough questions like, “How do you reconcile a conflict between cost and carbon optimization?”. Pierre-Emmanuel plans to transition to FOCUS as their primary data flow starting in January 2025.

FinOps 130

FinOps FinOps Billing Reconciling 130