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?

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Accounts Receivable Account Receivables Accounts Receivable Accounting 98

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? The most common is DSO.

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Accounts Receivable Account Receivables Accounts Receivable Accounting 98

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.

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Accounts Receivable Account Receivables Accounts Receivable Data Entry 98

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.

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Accounts Receivable Account Receivables Accounts Receivable Accounting 92

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.

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Accounts Receivable Account Receivables Accounts Receivable AR 90

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.

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Accounts Receivable Account Receivables Accounts Receivable AR 95

Gaviti

AUGUST 23, 2023

Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. Here are the usual steps: Receiving the dispute: The accounts receivable team identifies a customer’s invoice or payment discrepancy and is given to an A/R analyst.

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Accounts Receivable Account Receivables Accounts Receivable Collections 96

Gaviti

JANUARY 6, 2025

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Get a demo today! Want to learn more about Gavitis autonomous invoice-to-cash A/R management solution and how it can leverage AI to improve cash flow?

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Collections Invoicing Accounts Receivable Account Receivables 92

Gaviti

MAY 30, 2023

Accounts receivable is one of the most critical roles in your business. Receivables management can also become incredibly complex and high-risk. This risk compels savvy business managers to consider whether they should use accounts receivable outsourcing or turn to management software.

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Accounts Receivable Account Receivables Accounts Receivable Collections 98

Xero

SEPTEMBER 27, 2022

Talenox will be giving out laptop decals for those who schedule a free demo. Stop by the Spotlight Reporting booth for a free demo and to enjoy 25 percent off their Super Virtual CFO package for three months. Talenox is also designed for the most user-friendly application so that anyone – not just HR professionals – can use Talenox.

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XERO Payroll Purchase Order Accounts Payable 234

Gaviti

MARCH 21, 2023

Proper accounts receivable management is vital if you want to operate a healthy business. While it may not be the most exciting part of your business, good accounts receivable (A/R) practices will make your other business operations much smoother. Do you need help overcoming accounts receivable challenges in your company?

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Accounts Receivable Account Receivables Accounts Receivable Accounting 78

Gaviti

NOVEMBER 24, 2024

That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. Gaviti has a track record of reducing late receivables by 50% or more for their customers within just 6 months. Schedule a demo and see if Gaviti is right for you. Get a demo today!

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Collections Accounts Receivable Account Receivables Accounts Receivable 52

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!

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Accounts Receivable Account Receivables Accounts Receivable Invoicing 66

Gaviti

NOVEMBER 4, 2024

Whether due to error, financial trouble or the non-delivery of goods or services, disputes are unavoidable in the world of accounts receivable. Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. Schedule a demo and see it for yourself.

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Collections Accounts Receivable Account Receivables Accounts Receivable 52

AvidXchange

OCTOBER 15, 2023

How Does Accounts Receivable Work? Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. Table of Contents What is Accounts Receivable? Accounts receivable should not be confused with accounts payable (AP).

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Accounts Receivable Account Receivables Accounts Receivable AR 52

Invoicera

JANUARY 9, 2024

There’s a solution: creating a foolproof accounts receivable workflow. What Is the Accounts Receivable Process? Accounts Receivable (AR) is the lifeline of a business, detailing the money owed by customers for products or services rendered. But fear not! Now, there comes a question: how to create it?

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Accounts Receivable Account Receivables Accounts Receivable AR 52

Gaviti

JANUARY 26, 2025

These platforms are no longer a luxury but a necessity, providing businesses with an efficient way to handle their accounts receivable processes. Implementing an advanced accounts receivable portal ensures your business can handle larger transaction volumes while maintaining excellent service quality.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Nanonets

MAY 8, 2023

Try Nanonets accounting automation software to streamline all your accounting receivable processes. Start your free trial Accounts receivable (AR) is an asset on a company's balance sheet. In other words, accounts receivable is the money a company expects to receive in the future from its customers.

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Accounts Receivable Account Receivables Accounts Receivable AR 52

Gaviti

APRIL 18, 2024

As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (AR) collections aging report. As an assessment and diagnostic tool, it’s hard to overstate the importance of your company’s accounts receivable (A/R) aging report. What Is an Accounts Receivable Aging Report?

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Accounts Receivable Account Receivables Accounts Receivable AR Collections 52

Gaviti

MARCH 24, 2025

Accounts receivable which is responsible for billing and collections is especially important. Specifically, finance teams significantly impact customer retention through their management of accounts receivable. If you are interested in learning more, request a live demo here.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

JANUARY 7, 2025

Whatever the reason, Overdue invoices are a fact of life, past due invoice emails are an effective method for managing your accounts receivable effectively. Sending a late payment reminder encourages prompt payment of unpaid invoices, reducing the number of delinquent accounts and minimizes the risk of write-offs and bad debt.

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Invoicing Collections Accounts Receivable Accounts Receivable 105

Gaviti

JULY 29, 2024

If you’ve decided that you want to move ahead with accounts receivable software, you might want to consider looking into an A/R software provider with a client payment portal. What is a Payment Portal in Accounts Receivable Software? Schedule a demo to learn more. Here is our list: 1.

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Accounts Receivable Account Receivables Accounts Receivable Accounting 52

Gaviti

OCTOBER 27, 2022

An accounts receivable (A/R) analysis report is a tool used to assess your A/R in aggregate, giving you a better understanding of cash flows. A complete accounts receivable analysis cannot be achieved with one method, so teams will need to combine several techniques. Creating an Accounts Receivable Analysis Report.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

JULY 11, 2024

The traditional accounts receivable process is full of manual processes that are prone to error. As a result, many businesses turn to accounts receivable automation solutions. Schedule a demo to learn more. The post 7 Best Accounts Receivable (A/R) Automation Software Vendors appeared first on Gaviti.

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Accounts Receivable Account Receivables Accounts Receivable Bank Reconciliation 52

Gaviti

MARCH 4, 2024

Once an invoice hits accounts receivable (A/R), it enters what’s called the average collection period. Other common names include “days sales in accounts receivable,” “average receivables collection period,” or “ days sales outstanding (DSO).” What Is an Accounts Receivable Average Collection Period?

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Counto

FEBRUARY 3, 2024

Accounts Payable vs. Accounts Receivable: What’s The Difference? In the world of business finance, managing your accounts payable (AP) and accounts receivable (AR) is vital for maintaining a healthy financial outlook. It is recorded as an asset (as it contributes to revenue) on your balance sheet.

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Accounts Payable Accounts Payable Accounts Receivable Account Receivables 52

Gaviti

JANUARY 20, 2025

One cornerstone of accurate financial reporting is the matching principle in accounting, a concept that ensures revenues and expenses are recorded in the same period. But how does this principle align with the technological advancements in accounts receivable (A/R) automation? Schedule a demo to learn more.

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Gaviti

FEBRUARY 13, 2023

The start of a new year means new opportunities for your business to improve, and one area that is often overlooked is your company’s accounts receivable process. This is why many companies consider using third party partners to take care of their accounts receivable process.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

MARCH 3, 2024

Many of these organizations focus on implementing RPA in the financial and accounts receivable department, where employees are burdened with repetitive manual tasks. What is Robotic Process Automation (RPA) in Accounts Receivable? Benefits of accounts receivable automation include: It’s more efficient.

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Accounts Receivable Account Receivables Accounts Receivable Accounting 52

Gaviti

FEBRUARY 6, 2023

And with the proliferation of AI and machine learning tools in the digital landscape, 2023 is the perfect time for accounts receivable (AR) teams to examine their processes and find areas for improvement through better technologies, tactics, and process management. Accounts receivable is no exception.

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Accounts Receivable Account Receivables Accounts Receivable AR 52

Gaviti

FEBRUARY 20, 2023

An accounts receivable balance refers to a company’s outstanding invoices that customers have not yet settled. In other words, it is the amount of money owed to a business by its customers for goods or services provided but for which it has not received payment.

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Accounts Receivable Account Receivables Accounts Receivable Reconciling 52

Gaviti

NOVEMBER 27, 2023

Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. Here are the usual steps: Receiving the dispute: The accounts receivable team identifies a customer’s invoice or payment discrepancy and is given to an A/R analyst.

Accounts Receivable 52

Accounts Receivable Account Receivables Accounts Receivable Collections 52

Nanonets

JANUARY 13, 2025

For one mid-sized distributor processing 4,000 orders monthly, this meant significant costs and strained accounts receivable cycles. Their accounting team could only manually verify SOs against POs when the value exceeded $10,000, leaving most shipments vulnerable to costly discrepancies.  📅 Schedule a Demo

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Purchase Order Invoicing Accounts Receivable Account Receivables 52

Gaviti

JULY 25, 2024

Artificial intelligence is now an integral part of what makes accounts receivable software work and cash application solutions in particular. This can offer your business a significant competitive advantage, especially as it receives payment confirmation in real time, and has the potential to reduce write offs and reduce disputes.

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Accounts Receivable Account Receivables Accounts Receivable Invoicing 98

Gaviti

NOVEMBER 20, 2023

Most Accounts Receivable teams use DSO as the main KPI to measure their performance. Days Sales Outstanding = (Accounts Receivable / Total Credit Sales) x Number of Days The problem with this metric is that it is based on the day that the invoice was issued, rather than the date that the invoice is due.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Gaviti

NOVEMBER 16, 2023

It might seem like a silly question to ask in a blog dedicated to topics about accounts receivables, but there actually is no standard consensus on exactly when an account is categorized as delinquent. Want to see if Gaviti can reduce the number of overdue invoices in accounts receivable and significantly improve your cash flow?

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Accounts Receivable Account Receivables Accounts Receivable Accounting 52

Gaviti

DECEMBER 5, 2024

It should also be clear what will happen if payment is not received. Get a demo today! Supercharge your Dunning Processes Our platform automates reminders as well as internal or external esc alations, and other collections actions, streamlining your collections process. Segment your customers by any criteria you wish.

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