Accounting Department

APRIL 25, 2023

Not all business owners are well versed in invoicing clients, collecting payments, tracking payments, or other bookkeeping tasks - and that's okay.

Invoicing 246

Invoicing Collections Bookkeeping Accounts Receivable 246

Gaviti

DECEMBER 18, 2024

The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. What Is Accounts Receivable Reporting Software? Many accounts receivable automation software solutions include reporting as part of their offering.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

oAppsNet

MARCH 6, 2025

In today’s fast-paced business environment, managing accounts receivables efficiently is more important than ever. The constant need to maintain healthy cash flow, reduce manual workloads, and speed up payment cycles has made collections automation a game-changer for businesses of all sizes. The solution?

AR Collections 52

AR Collections Collections AR Accounts Receivable 52

Gaviti

MARCH 5, 2025

Accounts receivable fraud is becoming an increasingly pressing threat for businesses of all sizes, especially companies that grow or make a lot of changes. What makes Accounts Receivable Professionals and Operations Especially Vulnerable to Fraud?

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accounting 52

Gaviti

NOVEMBER 18, 2024

Despite this, automation in accounts receivable has met its fair share of skepticism from business leaders worldwide. Here are some of the most common challenges faced by A/R departments and how your company can resolve them with many of the accounts receivable automation tools on the market today.

Microsoft Excel 98

Microsoft Excel Accounts Receivable Accounts Receivable Account Receivables 98

Gaviti

NOVEMBER 24, 2024

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO.

Collections 52

Collections Accounts Receivable Account Receivables Accounts Receivable 52

Accounting Tools

JULY 7, 2024

The collection of accounts receivable is vital, since it provides the cash needed to support company operations. Collecting accounts receivable is not just the task of the collections department. This is not the fault of the collections department.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Collections 75

Invoicera

NOVEMBER 8, 2024

For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. A study by Atradius revealed that 48% of B2B invoices in the U.S.

Accounts Payable 52

Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

Cevinio

FEBRUARY 1, 2024

What is Accounts Receivable Automation, and how can you leverage it for your business? One such critical aspect is managing Accounts Receivable (AR). This encompasses a range of tasks, from sending invoices and confirming their receipt to chasing overdue payments and updating customer records.

Accounts Receivable 130

Accounts Receivable Accounts Receivable Account Receivables AR 130

Gaviti

JANUARY 5, 2025

Once your business has started to grow significantly, your A/R and finance team will probably ask themselves how they can transform your accounts receivable process in the most efficient manner. At some point during the business process, most owners ask the question: Whats the best way to transform our accounts receivable process?

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Accounting 98

Gaviti

FEBRUARY 2, 2025

Understanding and improving the processes that influence your business operating cycleespecially accounts receivable (AR) managementcan significantly enhance financial performance. DSO represents the average time taken to collect payments after a sale. Leveraging technology to streamline invoicing and payment processes.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable AR 52

Billing Platform

NOVEMBER 21, 2024

Do members of your accounts receivable team find themselves overwhelmed with the task of determining which customers have uncollected debt? An accounts receivable (AR) aging report simplifies the process and expedites receiving the money youre owed. Wait a minute, what is aging accounts receivable?

Accounts Receivable 106

Accounts Receivable Accounts Receivable Account Receivables AR 106

Nanonets

DECEMBER 26, 2024

To truly unlock the full potential of financial workflows, controllers and CFOs at mid-market and enterprise organizations—especially those seeking to optimize cash flow and streamline financial processes—must also focus on automating accounts receivable (AR). Automating invoice approvals to streamline workflows.

AP 52

AP Accounts Receivable Accounts Receivable Account Receivables 52

Gaviti

APRIL 11, 2024

Of all the data financial departments love to monitor, accounts receivable often tops the list. After all, it determines how much revenue your business receives. Is it time for your business to complete an accounts receivable analysis? What is Accounts Receivable Analysis?

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Accounting 98

Enterprise Recovery: Accounts Receivable

JANUARY 10, 2025

As accounts receivable (A/R) become delinquent, your business expenses could fall behind. Mastering accounts receivable and invoice management is vital for B2B companies to ensure smooth cash flow and sustainable growth.

Invoicing 68

Invoicing Accounts Receivable Account Receivables Accounts Receivable 68

Gaviti

MAY 30, 2023

Accounts receivable is one of the most critical roles in your business. How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. Receivables management can also become incredibly complex and high-risk. Schedule invoices.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Collections 98

Gaviti

JUNE 19, 2023

Effective communication is the most critical aspect of any A/R collections strategy. It begins before delinquency and even before sending a single invoice. But how do you create outstanding invoices and follow-up notices that convert bills into cash? How can a template make things easier or improve their efforts?

Collections 98

Collections Invoicing Accounts Receivable Accounts Receivable 98

Invoicera

NOVEMBER 13, 2024

Let’s dive into the challenges, features, and benefits of modern legal invoicing software for lawyers to help get your practice back on track! Solution: Invest in invoicing software with integrated time-tracking features. Legal work is complex, and transparent invoicing is key to avoiding this. Try Invoicera. Get A Free Trial 4.

Invoicing 52

Invoicing Billing Collections AR 52

Accounting Tools

APRIL 6, 2024

What is the Accounts Receivable Aging Report? An accounts receivable aging is a report that lists unpaid customer invoices and unused credit memos by date ranges. The aging report is the primary tool used by collections personnel to determine which invoices are overdue for payment.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables Accounting 75

Gaviti

DECEMBER 20, 2022

This is why so many companies now look to accounts receivable integration and other similar options to break down information barriers. What Is ERP and Accounts Receivable Automation Integration? When integrating your ERP and accounts receivable systems, ensure all stakeholders are on-board with the process.

Accounts Receivable 98

Accounts Receivable Accounts Receivable Account Receivables Data Entry 98

Billing Platform

SEPTEMBER 25, 2023

Consisting of a series of steps, the accounts receivable process refers to the money owed to a business for the purchase and delivery of goods or services. Accounts receivable (AR) provides the critical link between making the sale and receiving payment.

Accounts Receivable 90

Accounts Receivable Accounts Receivable Account Receivables AR 90

Invoicera

JANUARY 19, 2025

Statistics say that in 2023 alone, the global accounts receivable automation market was valued at $3.81 Managing your business Accounts receivable and payable is tough! With a number of invoices, pending payments, and a lot of reconciliations, it can really stress you more than anything else. from 2024 to 2030.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables AR 40

Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. Download the Ebook 2.

Collections 98

Collections Invoicing Accounts Receivable Account Receivables 98

Xero

NOVEMBER 23, 2022

Jeff joined Aerium at an exciting time when the business was experiencing huge growth, but when he arrived he quickly found a number of key challenges: There was no appropriate accounting system in place. “Last month, I got my invoicing done in a day. That used to be a two-week process of collecting hours and modifying data.

XERO 239

XERO Revenue Cycle Collections Invoicing 239

Enterprise Recovery: Accounts Receivable

MAY 17, 2024

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations.

Accounts Receivable 81

Accounts Receivable Accounts Receivable Account Receivables Collections 81

Gaviti

FEBRUARY 27, 2025

While there are many conferences for finance professionals , there are no conferences exclusively dedicated to Accounts Receivable (A/R), several events heavily feature this topic, attracting numerous A/R professionals. Plus, these events provide opportunities to network, learn and innovate. Elevate Your A/R Game Beyond Conferences!

Accounts Receivable 66

Accounts Receivable Account Receivables Accounts Receivable Invoicing 66

Enterprise Recovery: Accounts Receivable

SEPTEMBER 15, 2023

Did you know that by optimizing your accounts receivable workflow, your cash flow can be boosted? Let's start with some best practices for improving your A/R - from invoicing to payment. How to streamline your accounts receivable workflow.

Accounts Receivable 83

Accounts Receivable Accounts Receivable Account Receivables Invoicing 83

Invoicera

DECEMBER 18, 2024

Managing invoices becomes a huge challenge sometimes, especially when doing it manually. Late payments are another major issue associated with improper invoicing. Theres a solution to manual invoicing, too. Thats where an online invoicing software lands! Top Invoicing Software in the United Kingdom 1.

Invoicing 40

Invoicing XERO QuickBooks Billing 40

Xero

AUGUST 7, 2024

BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you. Dext Dext provides bookkeeping automation tools that help small businesses and their advisors collect, organize and record financial transactions.

XERO 202

XERO Collections Billing Accounts Payable 202

Gaviti

AUGUST 23, 2023

Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. What Is Invoice Dispute Management? It involves identifying the root cause of invoice disputes and finding solutions that satisfy both parties. write-off, debt collection or refund).

Accounts Receivable 96

Accounts Receivable Accounts Receivable Account Receivables Collections 96

Gaviti

APRIL 24, 2023

Effective accounts receivable management is one of the most critical aspects of boosting steady cash flow for your business. Even so, there are some typical accounts receivable management problems and solutions most businesses should review. The AR team must identify problems and seek long-term solutions.

Accounts Receivable 95

Accounts Receivable Accounts Receivable Account Receivables AR 95

oAppsNet

MAY 14, 2024

Streamlining accounts receivable collections is a strategic imperative for businesses to enhance their cash flow and operational efficiency. Efficient collection processes improve a company’s financial health and strengthen customer relationships by ensuring transparency and consistency.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

AUGUST 27, 2024

Once your finance team is onboard with automating your accounts receivables to streamline and optimize the process, you’ll need to decide whether you want to shop for an outside vendor or build your own accounts receivable automation software in-house. And your IT team will likely have a strong opinion about this as well.

Accounts Receivable 92

Accounts Receivable Accounts Receivable Account Receivables Accounting 92

Gaviti

MAY 9, 2023

We are thrilled to announce the launch of our latest addition to the Gaviti accounts receivable collections platform: the Credit Management Module! Get started with the Credit Management Module today and experience a more efficient, risk-averse, and customer-centric approach to managing your accounts receivable.

Collections 98

Collections Accounts Receivable Account Receivables Accounts Receivable 98

Accounting Tools

JULY 24, 2023

Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is the Cash Collection Cycle? The cash collection cycle is the number of days it takes to collect accounts receivable. Further, an older invoice may not be acceptable for invoice discounting.

Cash Collection 75

Cash Collection Collections Accounts Receivable Account Receivables 75

Gaviti

JANUARY 8, 2023

In accounts receivables, it most commonly manifests as account prioritization. This refers to organizing and categorizing customer accounts according to their creditworthiness and likelihood of payment. How Prioritization Strategies Improve Collections Performance. 61 to 90 days. 91 to 120 days. 120-plus days.

Collections 98

Collections Accounts Receivable Accounts Receivable Account Receivables 98

Accounting Tools

MAY 14, 2023

Related Courses Bookkeeping Guidebook How to Audit Receivables New Controller Guidebook Overview of Accounts Receivable When goods or services are sold to a customer , and the customer is allowed to pay at a later date, this is known as selling on credit , and creates a liability for the customer to pay the seller.

Accounts Receivable 75

Accounts Receivable Accounts Receivable Account Receivables General Ledger 75