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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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.

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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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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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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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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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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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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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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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Gaviti

JANUARY 6, 2025

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. 2) Take a proactive approach A/R and financial teams tend to send payment reminders too late, when the account is already past due or if they are in immediate need for cash.

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Xero

SEPTEMBER 27, 2022

Close to 400 small businesses across Singapore have tapped on Xero’s all-in-one solution to digitalise their accounting function through the DBS Start Digital Package to date. Talenox will be giving out laptop decals for those who schedule a free demo. Spotlight Reporting. You can find the full list of participating exhibitors here.

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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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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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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. Enterprise-level businesses may have complex needs, while smaller ones may simply need an all-in-one accounting software. Schedule a demo and see if Gaviti is right for you.

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Gaviti

JUNE 15, 2025

That’s where accounts receivable insurance (also known as credit insurance) comes into play. It offers a safety net, protecting your business from potential losses tied to unpaid receivables. This guide explores every facet of insurance for accounts receivable, from benefits and drawbacks to cost analysis and how to get started.

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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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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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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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Gaviti

JUNE 18, 2025

Regular KPI tracking builds accountability and improves decision-making across finance functions. It can range from low-level finance activities to high-level accounting. Calculate it by dividing the sum of accounts receivable by the average daily sales revenue. How Do You Track a Controller’s Performance?

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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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Nanonets

MAY 8, 2023

Looking to automate accounting processes? 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. What is accounts receivable?

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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. Monthly debt payments, however, are typically recorded under accounts payable.

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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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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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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. These key features include: Automated emails.

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Gaviti

JUNE 30, 2025

Software accounts receivable software solutions enhance cash visibility and forecasting accuracy, helping companies stay agile and scalable. Customer Payment Acceleration Optimize accounts receivable by: Sending automated reminders. It accounts for business cycles, industry-specific challenges, and future projections.

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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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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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Gaviti

JUNE 13, 2025

In this blog post, we’ll dive into how agentic AI systems are transforming finance, particularly in credit risk assessment and accounts receivable (AR) management. Ensuring transparency in how decisions are made is essential for adoption and accountability. In financial applications, this technology has immense potential.

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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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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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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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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. For example, a customer might choose to pay when he orders.

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Gaviti

JANUARY 20, 2025

In todays fast-paced business environment, achieving financial accuracy is critical for maintaining stakeholder trust and ensuring compliance with accounting standards. 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.

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Gaviti

FEBRUARY 6, 2023

As accounting processes continue to evolve, it’s becoming increasingly clear that harnessing the power of technology can help businesses streamline their operations and make more informed decisions. Below, we’re reviewing some of the top accounts receivable challenges in 2023 and offering quick ways to shore up your collections process.

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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

Gaviti

MAY 15, 2025

How To Calculate Average Collection Period The average collection period offers a snapshot of accounts receivable (A/R) collection efficiency. The Role of Automated Accounts Receivable Solutions With the right tools, you can use A/R collections automation to optimize your average collection period.

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