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? Always Include a CTA Even your invoices should include a call to action.

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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.

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Invoicera

NOVEMBER 12, 2024

But as the agency’s bookings grew, an unexpected problem surfaced: invoicing. Invoicing software has become a game-changer for travel businesses aiming to keep up with these demands. In this blog, we’ll dive into the top invoicing software options designed to simplify the invoicing headaches for travel businesses.

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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. It also eases the burden of invoice collections somewhat).

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Xero

JULY 6, 2022

This makes it easy to collect both recurring and one-off invoice payments directly from customers’ bank accounts through direct debit and open banking. Add GoCardless as a payment service in Xero and apply it to an invoice or invoice template. Stripe is a financial infrastructure platform for businesses.

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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.

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Xero

AUGUST 7, 2023

Whether you’re looking for tools to chase invoice payments, simplify tax compliance, or make job management easier, you’ll find plenty of solutions to help solve those key business challenges. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

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Xero

SEPTEMBER 1, 2022

GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. Add GoCardless as a payment service in Xero, and apply it to an invoice or invoice template today. Collect payments faster with Xero Invoice Payments. GoCardless.

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Xero

OCTOBER 1, 2023

As a small business or advisor working with sensitive personal and financial information every day, the stakes are high. Why are they stealing information? Personal information can be used to commit identity fraud like scam campaigns, or payment fraud like transactions on stolen credit cards. Who are they?

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Xero

FEBRUARY 26, 2024

Managing it can be a juggle, but there are an array of tools you can use to stay on top of this crucial information and better manage your cash flow and compliance. Fortunately, there are smarter, easier and quicker ways to capture this important information. That’s why both Hubdoc and Dext make it easy to capture that information.

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Invoicera

NOVEMBER 21, 2024

There are multiple tasks, clients, and invoices to issue. And at times, invoicing becomes so tough manually! There are a number of invoicing software that could help you to save time and make the invoicing job easy. The right invoicing tool can help you manage invoicing, payment tracking, and payment collection easily.

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Xero

MAY 31, 2022

Add folders to your invoices in WorkflowMax — Global. We’ve released new functionality that lets you send an invoice in WorkflowMax , based on the folders you’ve created. This means you can transfer information from your folders directly into the invoice for the job or project. Reimagine your Xero experience — Global.

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Xero

AUGUST 16, 2022

Easily collect invoice payments directly from your customers’ bank accounts using ACH Debit and real-time payments. Xero partners with Stripe to power subscription billing, invoicing, and more to help customers get paid faster and streamline recurring payments. You can give the Gusto app a try from the Xero App Store.

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AP Association

APRIL 24, 2019

“E-invoicing? We use e-invoicing all the time, most of our invoices come through electronically” …… but is this a true e-invoice? In this blog we aim to dispel the myths around e-invoicing and explain why it should be on the roadmap for all businesses. What is an e-invoice?

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Gaviti

DECEMBER 5, 2024

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. Some businesses wait until close to the due date to send invoices and some even wait until the invoices are actually due!

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Invoicera

NOVEMBER 21, 2024

Running a fitness club takes a lot of effort, and handling invoices is no exception. Nowadays, digital solutions can simplify almost any business process—including invoicing. With the right gym invoicing software , you can automate billing, streamline payments, and improve the overall experience for you and your clients.

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Billing Platform

DECEMBER 3, 2023

So whether you’re a small and medium-sized business (SMB) or a large enterprise, one thing is certain – collecting unpaid debt is time-consuming and filled with challenges. This is where a debt management and collections system can help keep your revenue flowing. And the benefits don’t end there.

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Xero

AUGUST 22, 2023

Short-term cash flow in Xero Analytics Plus now includes predictions for recurring invoice and bill payments, giving small businesses a clearer picture of their potential future cash flow. Businesses can choose to include future invoice and bill payments, collectively or individually, within their cash flow forecast.

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Xero

AUGUST 14, 2024

[Coming soon] Tap to Pay [US]: Early next year, in partnership with Stripe, small businesses will be able to create an invoice and accept payment on the spot using their mobile device – perfect for businesses that are out and about. Being able to make and collect payments without leaving Xero is a powerful tool for your clients.

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Nanonets

FEBRUARY 14, 2025

  We recently worked with one such provider who processed over 50,000 bills and invoices monthly for their clients. Let me take you through how the service provider implemented automated invoice processing and found a way to bulk-process bills and invoices without constantly adding more staff. Here's what happened: 1.

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Gaviti

JULY 24, 2024

Don’t let invoicing and processing slow you down. Creating efficient invoice processing procedures ensures you make the most of your time and money. Understanding the top invoice processing best practices and the importance of automation will create a solid foundation for your business. What Is an Invoice Processing Cycle?

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Accounting Tools

JULY 17, 2024

What is a Financial Information System? A financial information system is an organized approach to collecting and interpreting information, which is usually computerized. Examples of Financial Information Systems Here are several examples of financial information systems that one company might use: Accounting system.

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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! Enhance decision-making capabilities with comprehensive and up-to-date customer credit information. Currently this module is open to our Gaviti Customers Champion group.

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Invoicera

DECEMBER 11, 2024

Managing invoices can sometimes feel a tough task, much like a performance of trust where an error could lead to a complete disaster! Invoicing is considered an essential need and not a mere want for owners of small and medium enterprises across the United States of America. Who knew managing money could be this stress-free?

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LedgerDocs

JULY 6, 2023

It also provides your bookkeeper with all of the information they require to effectively manage your finances. But collecting and organizing these documents can be a daunting task. The post Bookkeeping Document Checklist: Collect and Organize Your Financial Documents appeared first on LedgerDocs.

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Gaviti

DECEMBER 18, 2022

So, how can account receivable collections and automation help them achieve this? Before delving into the topic of A/R collections and automation , let’s first define what working capital is. Accurate and timely information is a priceless resource in any organization. Prioritize Collection Tasks.

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Gaviti

FEBRUARY 4, 2025

With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Many traditional KPIs, like DSO, are not always a good indicator of collection success.

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Gaviti

JANUARY 8, 2023

It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices. How Prioritization Strategies Improve Collections Performance. Accounts Receivable teams can use prioritization strategies to increase the efficiency of their collections process.

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Gaviti

DECEMBER 18, 2024

These reporting features also help businesses predict trends and make more informed strategic business decisions. Different types of reports include an accounts receivable aging report, customer balance reports, collections performance reports, and cash flow forecasting reports. Customer payment history. A/R performance.

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Invoicera

NOVEMBER 27, 2024

Picture this: You’ve got stacks of invoices, working with numbers again and again, and facing constant payment issues. But what if there was a way to have your invoicing easy to design and even easier to send out? Automated invoicing software is the secret tool that every business should be using. Let’s jump right in!

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oAppsNet

NOVEMBER 1, 2024

Clear, Consistent Invoicing Accurate and timely invoicing is the foundation of a vital AR process. If your invoices are unclear, incomplete, or inconsistent, you’re setting your team up for delays and disputes that will ultimately hurt your cash flow. Defined Payment Terms Your payment terms are the backbone of your AR process.

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Gaviti

MAY 30, 2023

How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. What Is Accounts Receivable Collections Outsourcing? A/R collections outsourcing refers to the practice of hiring another entity to manage your collections activities.

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Nanonets

JULY 14, 2023

This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing. Want to automate invoice processing ?

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Gaviti

MARCH 5, 2025

Fraudsters are no longer relying on rudimentary methods; instead, they use advanced techniques such as social engineering, phishing, and malware attacks to manipulate invoice processes and divert payments. In this scenario, fraudsters either create fake invoices or manipulate legitimate ones to divert payments.

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Gaviti

JANUARY 16, 2023

As a collections team, mailing dunning emails and collecting receivables from customers are routine tasks. By applying these same principles to your collections workflows, you can improve your cash flow and reduce your Days Sales Outstanding (DSO). But how can you ensure that you are using the most effective workflow possible?

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Xero

FEBRUARY 15, 2023

Almost every digital interaction produces data: sending an email, downloading an invoice, searching for local suppliers, posting a status update — even turning on your connected car. Or you can use tools like e-invoicing to ease this burden if it’s available in your region.

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Gaviti

NOVEMBER 4, 2024

As companies scaled and these disputes increased, however, businesses started to turn to dispute automation for a more efficient dispute management process for collections and dispute management. It should collect data about disputes over time to deliver insights about customer trends, behavior, and track dispute times.

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