Gaviti

JANUARY 7, 2025

A proactive B2B payment reminder sent before the due date is the most effective method for ensuring timely payment of invoices. Sending a payment reminder for business helps ensure that clients are aware that a due date has passed and that the invoice is outstanding. The invoice number should also be included in the email subject line.

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Invoicing Collections Accounts Receivable Accounts Receivable 105

Enterprise Recovery: Accounts Receivable

NOVEMBER 15, 2024

Following up on past-due invoices and delinquent accounts can be a full-time job. If you're considering outsourcing debt collections or handling them in-house, this post can help clarify the benefits of outsourcing. However, it is invaluable to your business's bottom line.

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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.

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Xero

SEPTEMBER 15, 2024

I wanted to reach out personally, as we officially retire classic invoicing in November after more than a year of transitioning. While we’re thrilled to introduce even more features on our new invoicing platform, I know this change has been difficult for some of our customers.

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Xero

MAY 28, 2025

Powered by Stripe, this new feature empowers your customers to make payments instantly from their bank accounts straight from their online invoice. Pay by Bank is a real-time payment method in the UK that enables you to collect one-time payments from your customers’ bank accounts quickly and securely, and at an affordable cost.

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oAppsNet

MAY 29, 2025

One of the most crucial metrics used to measure a companys ability to collect payments is the Collection Effectiveness Index (CEI). This tool helps businesses monitor their accounts receivable (A/R) performance, ensuring that the company’s credit and collections teams are working efficiently and effectively.

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oAppsNet

JANUARY 28, 2025

Collections management is more than just chasing unpaid invoices. Strong collection strategies can help you avoid awkward conversations about money. When you have a plan for each stage of the collections process, you can serve your customers while ensuring you get paid.

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Gaviti

MAY 18, 2025

In today’s rapidly evolving financial landscape, the collections process is undergoing a significant transformation driven by artificial intelligence. This technological shift is not just a passing trend but a fundamental change in how collections departments operate and deliver value to their organizations.

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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? Where does it slow down?

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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.

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Gaviti

MAY 15, 2025

Average collection period refers to the amount of time it takes your business to receive payments from clients. Its a metric commonly used to get a snapshot of cash flow on hand and how effective the companys collection process is overall. It comes down to leveraging tools that streamline collections from planning to execution.

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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. chance of recovering payment.

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Microsoft Excel Accounts Receivable Accounts Receivable Account Receivables 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

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?

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Collections Invoicing Accounts Receivable Accounts Receivable 98

Xero

AUGUST 7, 2024

And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. BILL allows you to automate accounts payable and accounts receivable processes, while directly syncing all payment actions back to Xero for you.

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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.

Invoicing 52

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Xero

AUGUST 30, 2022

It’d be great for your stress levels too, with less worrying about whether you can cover your overheads for the month and none of those awkward phone calls to chase overdue invoices. . A key reason is that most invoices tend to be paid by manual wire transfer or checks. Collecting payments doesn’t need to be painful.

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XERO Collections Billing Invoicing 246

Gaviti

FEBRUARY 4, 2025

The world of Accounts Receivable (AR) is evolving rapidly. With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. With AI, businesses can: Predict payment delays and identify at-risk accounts. Optimize dunning strategies by analyzing historical payment behaviors.

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Accounting Today

AUGUST 28, 2023

Dozens of firms have signed onto an initiative to stop underselling the worth of accountants and collect payments on time from clients.

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Trade Credit & Liquidity Management

MAY 29, 2025

Automation and artificial intelligence (AI) are transforming accounts receivable (AR) and B2B trade credit management by replacing manual, error-prone processes with intelligent, AI-driven tools. Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation.

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Collections AR Accounts Receivable Accounts Receivable 52

Accounting Today

JUNE 6, 2025

Accounting practice management software provider Karbon announced its new Practice Intelligence product, an agentic AI-driven solution thats the next evolution of its Practice Management platform. All rights reserved. Karbon Practice Management evolves into Practice Intelligence product Karbon accepts Talent Visionary Award.

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Xero

AUGUST 7, 2023

Xerocon Sydney is just weeks away on 23 and 24 August, and the ICC exhibitor floor will be full to the brim with some of the best and most loved apps, tools and services for accountants, bookkeepers and small businesses. GoCardless GoCardless puts you in control of collecting payments directly from your customers.

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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? So it is important to encourage a culture of vigilance and accountability.

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Accounts Receivable Accounts Receivable Account Receivables Accounting 80

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

Xero

NOVEMBER 15, 2022

Having long payment collection periods increases bad debts and can lead to cash flow challenges. That’s why tools for following up on invoices or having different ways to take payments are so important. GoCardless – Automatically debit your customer’s bank account when your Xero invoices are due with this bank-to-bank payment method.

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Xero

NOVEMBER 23, 2022

Jeff is a chartered professional accountant and has held multiple positions in financial departments, managing tax, treasury, and financial reporting. New, large multinational clients had strict and detailed invoicing requirements that their current infrastructure just couldn’t provide. ” The sky really is the limit.

XERO 246

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Trade Credit & Liquidity Management

MAY 29, 2025

With over 100 countries mandating its use, e-invoicing has transformed billing practices worldwide. Initially seen as a simple cost-saving measure, such as emailing PDF invoices, e-invoicing has evolved into a sophisticated system requiring structured data formats and strict tax compliance.

Invoicing 52

Invoicing Invoice Processing Tax Collections 52

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.

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Xero

JUNE 16, 2022

However, this can be made easier by collecting payments on-site, rather than after. . Time spent chasing late invoices can quickly add up; earn back those valuable hours in FY23 by setting up a more efficient method now. Complex approval processes can hold up your accounts payable and receivable.

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oAppsNet

FEBRUARY 20, 2025

Accounts Receivable (AR) management is a critical area where innovation can significantly impact cash flow and operational efficiency. This growth underscores the increasing demand for intelligent automation solutions that eliminate human error and streamline collections. over the next five years.

Financial Operations 52

Financial Operations Financial Operations Accounts Receivable Accounts Receivable 52

Gaviti

DECEMBER 18, 2024

The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for businesses.

Accounts Receivable 52

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oAppsNet

JANUARY 2, 2025

One of the most critical aspects of economic vitality is efficiently managing the invoice-to-cash (I2C) process. This process encompasses everything from issuing invoices to receiving payments and directly influences cash flow, profitability, and overall business performance.

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Nanonets

MAY 23, 2025

They are also 10% more likely to receive full payment on overdue invoices. It adds another layer of AI-powered automation to your QuickBooks workflows, enabling you to automate information capture, approval routing, and invoice posting. Artificial intelligence is transforming how 10 million QuickBooks customers manage their finances.

QuickBooks 52

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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.

Invoicing 40

Invoicing XERO QuickBooks Billing 40

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

AUGUST 16, 2022

Xerocon New Orleans is a unique opportunity to hear about the latest news and updates in the Xero community, get inspired by world-class keynote speakers, and connect with powerful apps, tools and services providers from across the accounting and small business industries. You can give the Gusto app a try from the Xero App Store. GoCardless.

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Xero

JULY 23, 2024

Customers can feel frustrated by constant reminders to make a payment which may have failed accidentally, perhaps due to an expired card, or perhaps payment has been made but the business can’t see the funds in their account yet. The integration provides the flexibility to invoice each customer within days,” says Adam.

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