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. AR represents a line of credit extended by a company, due within a relatively short timeframe, which could range from a few days to a year.

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AvidXchange

JUNE 6, 2022

Accounts receivable (AR) refers to the outstanding invoices a company has or the money it is owed from its clients. In your personal life, an example of Accounts Receivable would be buying a ticket to a concert or sporting event for a friend with the understanding that they will pay you back later.

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Jetpack Workflow

MARCH 23, 2023

This process is why an accounts receivable (AR) ledger is your best friend. You may have made a sale, but the transaction isn’t complete until the money is in your bank account. An AR ledger allows you to manage outstanding payments by tracking an invoice’s due date.

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Invoicera

JANUARY 9, 2024

Introduction Have you ever found yourself in a frustrating loop of waiting for payments that are never on time? There’s a solution: creating a foolproof accounts receivable workflow. What Is the Accounts Receivable Process? It’s a common struggle among businesses—almost 60% grapple with this challenge!

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AvidXchange

JULY 23, 2024

Enter AI billing, a game-changer for invoicing and accounts receivable (AR). By leveraging artificial intelligence (AI) for billing, companies can streamline their accounting processes, cut costs, improve security, and enhance overall accuracy.

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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. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Schedule a demo to learn more.

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Gaviti

JUNE 11, 2025

Customization for Recurring Payments The use of ACH pre-authorized credit allows businesses to collect payments automatically, improving accounts receivable performance. Gaviti provides a streamlined, secure, and user-friendly way to accept any payment method and ensures it is reconciled immediately. Want to learn more?

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Gaviti

DECEMBER 6, 2023

With the move to digital invoices and payments, managing receivables has become increasingly complex. Reconciling invoices and adjusting them on an individual basis, maintaining continuous communication with customers, and keeping track of invoices can end up consuming more time and resources than your A/R team can afford.

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Remote Quality Bookkeeping

MAY 15, 2025

Technology has made it easier to track, categorize, and reconcile financial activity with far less effortand far fewer errors. Failing to Reconcile Bank and Credit Card Statements Reconciliation isnt just a formalityits how you ensure your books reflect your businesss reality.

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Jetpack Workflow

MARCH 23, 2023

Complete Reconciliations for All Bank Accounts and Credit Cards A typical reconciliation process for bank accounts and credit cards includes looking for discrepancies between each account and its general ledger counterpart. However, this frequently doesn’t happen due to a lack of reconciling items.

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AvidXchange

MARCH 28, 2023

This self-serve portal provides suppliers with more autonomy enabled by real-time visibility into their receivables within the network. Customer Name: JoAnn McCoy Bio: With more than 30 years of experience in the waste management industry, JoAnn McCoy manages CS Waste’s accounts receivables, one aspect of her role as Vice President of Operations.

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Nanonets

JULY 22, 2024

However, with a shift towards Workflow Automation, application of AI is going beyond automating specific tasks but instead automating entire workflows including Accounts Payable, Accounts Receivable, Financial Close, Financial Reporting and Audits.

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Nanonets

APRIL 19, 2024

With only 20-25 business days per month, the impact of five whole days being consumed by sending, receiving, and processing invoice payments is a major lift for an organization’s accounts receivable team and its accounts payable team. Is there a customer with outstanding payments or continued payment issues?

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AvidXchange

OCTOBER 16, 2023

There’s no credit check required, and suppliers can work with a dedicated team focused on facilitating payments and supporting the accounts receivable (AR) process. Reconciling my books faster is such a relief.” A job is worked on and now it’s off the table with Invoice Accelerator. I never have to worry about it again.

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AvidXchange

AUGUST 5, 2022

Bryce Clark, co-owner and vice president of Capital Lock, shares how he transformed his accounts receivable process to save time, money and headaches. I started looking for opportunities to streamline and automate our antiquated accounts receivable (AR) processes.” joined the AvidPay Network in 2013.

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AvidXchange

APRIL 14, 2023

Account Monitoring Check your financial accounts frequently for signs of suspicious activity. There are a number of fraud detection software options that can automate this process for you and send reports on potential red flags. Make sure to reconcile your check register with your banking statements regularly.

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AvidXchange

JULY 14, 2023

AvidXchange Supplier Network Advantages AvidXchange offers members of its Supplier Network some specialized elective services to support the accounts receivable (AR) process. It allows Supplier Network members to receive a payment before it’s made it through their customer’s entire workflow.

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Invoicera

MAY 14, 2023

Businesses can skip this part by automating the entire invoice-to-cash workflow to streamline the accounts payable & accounts receivable process and save time and resources. Moreover, an invoice automation solution reduces operational costs, helps staff reconcile purchase orders, and improves order-to-payment cycles.

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Nanonets

FEBRUARY 8, 2024

Users can categorize expenses, reconcile accounts, and generate reports all from QuickBooks. Supporting your accounts receivable team starts with getting the right tools for success. Supporting your accounts receivable team starts with getting the right tools for success. Chaser is one of those tools.

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AvidXchange

APRIL 5, 2022

A  survey conducted by the Association for Finance Professionals  (AFP) showed STP to Accounts Payable (AP), Accounts Receivable (AR) and general ledgers was a top benefit for businesses that receive electronic payments, just behind speed of settlement.  Primary Benefits of RECEIVING Payments via Electronic Payment Methods Speed of settlement 50% (..)

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Gaviti

AUGUST 4, 2024

Streamline Your A/R Processes Today Gaviti’s accounts receivable automation solution streamlines your cash application and other A/R processes and helps your team work better. Make better credit decisions, lower DSO, and reconcile payments with near perfection. Quadient AR is for businesses of all sizes.

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Billing Platform

JUNE 27, 2023

5) Invoicing A critical step in the O2C cycle, this phase is when the accounts receivable (AR) process begins. 6) Accounts Receivable In addition to generating and delivering invoices, the AR team reconciles and tracks payments, as well as investigate invoicing issues, resolve errors, and reissue inaccurate invoices.

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Nanonets

FEBRUARY 8, 2024

BILL, which used to be known as Bill.com, is a financial operations platform that gives businesses the tools to manage AP, AR, spend, and expense automation all in one place. Bill is a multi-faceted solution for small businesses that are looking to reach the next level. What is Bill.com (BILL)?

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Billing Platform

APRIL 12, 2024

Understanding SaaS Billing Billing and invoicing consists of several steps, including accumulating costs, generating the invoice (manually or automatically), sending the invoice (printed or electronically), receiving payments, reconciling payments, handling collections, accounting for payments, and more. is complex.

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Gaviti

MARCH 6, 2023

Automation allows businesses to streamline processes, eliminating time-consuming manual tasks that are prone to errors. Here are some critical features of cash application automation software: Automated payment reconciliation compares invoices to payments and reconciles discrepancies.

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Trade Credit & Liquidity Management

APRIL 25, 2025

Tools: Excellent systematic tools for analyzing creditworthiness, collecting accounts receivable (AR), posting cash receipts, managing disputes and deductions, and providing transparency through customizable dashboards and management reporting. If you are able, include the staff member responsible for the customer.

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Invoicera

DECEMBER 31, 2023

If you are an accounting professional, many questions like these can come to your mind. Accounting professionals often find themselves wrestling with mundane tasks: reconciling transactions, generating reports, or manually inputting data, leaving them little time for value-added activities.

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Nanonets

FEBRUARY 8, 2024

There are plenty of solutions today that can automate everything from payroll processing to report creation, but without the right data available in the background, an automated process simply won’t work. You cannot get an accurate read on your AR turnover ratio if data discrepancies and disjointed systems are standing in the way.

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AvidXchange

OCTOBER 5, 2023

“[Suppliers] have transactions that are flowing through our network. I’ve been at AvidXchange for 14 years entire time on the accounts receivable side of our business. And the last thing that I would share is that because they’re a supplier in our network, they have transactions that are flowing through our network.

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