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Accounting Collections Reconciling 
Xero
SEPTEMBER 25, 2023
PayTo requires customers to verify themselves using their bank account so that we can quickly assess that they are who they claim to be. Those that appear risky will then be asked to verify that they own the bank account they’re trying to pay with. They integrated GoCardless through their Xero account.
264 
Xero
OCTOBER 16, 2022
Last year, we reached a significant milestone in our data journey when we built machine learning algorithms that worked to accurately predict your transactions’ contact and account codes. That is, by using the learnings of millions of past reconciled transactions. . Our ongoing commitment to reducing toil.
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Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Your Accounting Expertise Will Only Get You So Far: What Really Matters
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.
52 Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
Your Accounting Expertise Will Only Get You So Far: What Really Matters
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.
241 
Reconciled Solutions
SEPTEMBER 11, 2024
Let's take a deep dive into how you can reduce friction in collections. The post How to Reduce Friction in Collections appeared first on Reconciled Solutions. We're expanding on the art of getting paid this month.
98 
Intuit
AUGUST 30, 2024
What’s the difference between bookkeeping and accounting? We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields. Bookkeeping involves categorizing each transaction, specifying the amount involved, and tracking it in the relevant account.
246 
Xero
DECEMBER 1, 2022
Set up foreign exchange bank accounts and bank feeds. By connecting your Xero account to Airwallex , you can extend these capabilities further. . “If Airwallex features include: Global accounts . Open 11 foreign currency accounts for free online, with no need to visit a bank. Receive bills and payments. 2.9% + 20p EEA.
264 
Xero
NOVEMBER 19, 2024
Gone are the days of manually comparing bank statements with accounting records. Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. Bank feeds reduce manual admin and automate data entry.
238 
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 compensation.
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. Getting started in three steps 1. It removes the element of the unknown and gives them greater control.
238 
Reconciled Solutions
OCTOBER 14, 2024
Keep reading to find out how you can use QuickBooks Online to make your collections process even more effective. The post The Art of Getting Paid, Part 3: Using QuickBooks to Manage the Collections Process appeared first on Reconciled Solutions.
96 
Xero
APRIL 4, 2023
This has included their accounting systems and the interconnected apps that manage their ecommerce, logistics and inventory challenges – such as reconciling sales across multiple vendors. And now that we’ve got the accounting side figured out, we can aim even higher.”
279 
Xero
NOVEMBER 15, 2022
Having long payment collection periods increases bad debts and can lead to cash flow challenges. Kolleno – Recover overdue balances with automated invoice chasing and one-click payment collection via a simple digital payment platform. Connecting your sales and accounting. Getting paid quickly. In business, cash flow is key.
246 
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.
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.
Nanonets
DECEMBER 26, 2024
Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Streamlined Financial Processes Automating AR reduces the time and effort required for tasks like invoicing, collections, and reconciliation.
52 
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. It often consists of cash on hand, accounts receivable, and inventory. Monitor Accounts Receivable Aging.
98 
Xero
SEPTEMBER 1, 2022
When you’re at Xerocon Sydney on 7 and 8 September, please take the chance to find out about some of the best and most loved apps, tools and services from across the accounting and small business industries. GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. GoCardless.
52 
Reconciled Solutions
AUGUST 20, 2024
Every day that passes without collecting on outstanding accounts receivable is a. The post The Art of Getting Paid: Avoiding Common Pitfalls in Accounts Receivable appeared first on Reconciled Solutions. For small businesses, timely payments are the lifeblood that keeps operations running smoothly.
Intuit
SEPTEMBER 9, 2024
Skilled in all aspects of bookkeeping, including accounts payable/receivable, bank reconciliations, payroll processing, and financial reporting. Processed accounts payable and receivable, ensuring timely payments and collections. Reconciled bank statements monthly, maintaining accurate financial records.
246 
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). What is Accounts Receivable Automation? Accounts Receivable (AR) refers to the money owed to a business by customers who have purchased goods or services on credit.
Xero
JULY 28, 2022
Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders. We were excited to reconnect with more than 2,000 accounting and bookkeeping partners and share the latest product developments across Xero. Find out more about becoming a Xero app partner here.
264 
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.
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. Leverage past data to improve A/R collections performance. Automating the business payment process. Automate workflows.
52 
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.
52 
Gaviti
APRIL 11, 2024
Of all the data financial departments love to monitor, accounts receivable often tops the list. Is it time for your business to complete an accounts receivable analysis? What is Accounts Receivable Analysis? What is Accounts Receivable Analysis? Does your business reconcile payments accurately each month?
Jetpack Workflow
MAY 29, 2025
Eames , the Director of Client Accounting Services at Dark Horse CPAs. The conversation delves into the complexities of pricing in client accounting services (CAS) and the nuances that make it both an art and a science. Eames currently serves as the Director of Client Accounting Services (CAS) at Dark Horse CPAs. Guest Bio K.C.
52 
Less Accounting
DECEMBER 1, 2023
Wrap 2023 Up in a Bow: Here's Your Year-End Accounting Checklist As you wrap up gifts for loved ones, you might be considering what else needs to be done to wrap up your business for the year. This year-end accounting checklist can help you confidently cruise into the holiday season, leaving you ready to make a splash in the new year.
105 
Jetpack Workflow
DECEMBER 4, 2024
There are two main schools of thought regarding artificial intelligence (AI) among accountants: those who believe AI might replace their jobs and others who are excited about how much more productive and effective it can help their firm become.
Remote Quality Bookkeeping
MAY 15, 2025
DIY Bookkeeping Without Proper Training Trying to manage your books without understanding basic accounting principles can be more damaging than neglecting them altogether. Technology has made it easier to track, categorize, and reconcile financial activity with far less effortand far fewer errors.
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? Doing so can simplify time-consuming tasks like posting invoices, recording payments, reconciling balances, and managing disputed invoices.
Gaviti
JUNE 11, 2025
Integration Capabilities: These methods can be integrated with accounting and ERP platforms to streamline the Automated Cash Application Process, ensuring faster recognition and allocation of incoming payments. ACH: Requires bank account details and authorization, which may be slightly more involved but offers better cost-efficiency.
52 
Future Firm
NOVEMBER 9, 2022
This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. What is Accounting Automation? Will Automated Accounting Replace You? Let’s get started.
98 
Analytix Finance & Accounting
MAY 7, 2025
The difference often comes down to one unsexy but critical decision: their accounting method. Your accounting method isn’t just some administrative choice, it’s the foundation of your financial decision-making system. Step-by-step decision framework to choose your perfect accounting approach. Think about it.
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.
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. A robust customer payment portal streamlines collections, simplifies the act of transferring payments, and eliminates many of the manual tasks that can bog down a companys operations.
Accounting Tools
NOVEMBER 1, 2023
Related Courses Accountants' Guidebook Bookkeeping Guidebook New Controller Guidebook An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements. Management reports are issued to the management team.
Accounting Tools
JUNE 19, 2023
Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash What is a Cash Reconciliation? List on the daily reconciliation form all cash collected, which may be broken down by individual type of bill and coin. Reconcile the differences between the two columns.
oAppsNet
JANUARY 2, 2025
Cash Application : Matching received payments with corresponding invoices in the accounting system. Collections Management : Following up on overdue invoices and resolving disputes to ensure timely payments. Payment Processing : Receiving customer payments via checks, bank transfers, credit cards, or digital wallets.
40 
Less Accounting
MAY 9, 2023
Accounting gets left behind while business moves forward. Collect all your financial records It’s hard to say which part of this process is the most difficult, but depending on the type of business you have, rounding up all your past financial records may be the most time-consuming. It happens more than you think.
98 
Compleatable
OCTOBER 29, 2024
At a previous company, when we had over 150 employees across three continents, I was single-handedly managing all UK financial tasks: recording transactions, filing invoices, reconciling the bank, raising invoices, and collecting debts, all while overseeing the UK arm of the business and fulfilling my duties as CFO of an international organisation.
100 
Nanonets
MAY 21, 2024
Accounts receivable reconciliation is a crucial process within accounting and financial management practices undertaken regularly by a business. As transactions with customers and clients occur, businesses generate accounts receivable, which represent amounts owed to them for goods and services sold or rendered.
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.
Remote Quality Bookkeeping
APRIL 14, 2025
It involves tracking every dollar that goes in and out of your accounts, ensuring your financial records are accurate and up to date. While bookkeeping and accounting are often used interchangeably, they are different. Bookkeeping focuses on recording financial data , while accounting involves interpreting and analyzing that data.
52
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