Gaviti

APRIL 22, 2025

This article talks about the significance of SMART goals in A/R, outlines the top A/R objectives for 2025, explores essential technologies driving business accounts receivable transformation, and examines how automation is reshaping A/R teams. Prompt Invoicing: Issue invoices immediately upon delivery of goods or services.

Accounts Receivable

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

oAppsNet

JANUARY 7, 2025

This article will empower you with a comprehensive understanding of what DSO means and why it deserves your close attention. A Closer Look at DSO Days Sales Outstanding is a number that shows the average time it takes to collect payment on invoices. On the other hand, a smooth invoicing process can encourage faster payments.

Invoicing

Gaviti

MARCH 5, 2025

This article examines the rising threat of fraudulent activities targeting accounts receivable, the necessity of a robust fraud prevention strategy, common fraud schemes that businesses must be aware of, and actionable steps on how to prevent accounts receivable fraud in 2025.

Accounts Receivable

Trade Credit & Liquidity Management

JUNE 23, 2025

Yet in many organizations, AR collections remain reactive, fragmented, or overly dependent on customer goodwill. And although your sales team may be focused on revenue, it's your collections team that determines when, or if, that revenue turns into usable cash. Offer Flexible Payment Options Checks are no longer the default.

AR

Gaviti

JULY 15, 2025

This article explores how businesses can harness AI-driven cash flow forecasting and implement real-time cash flow management software to stay competitive. AI-driven cash flow forecasting solves this by: Consolidating multi-source data – AI pulls from invoices, payroll, CRM, and banking data to present a unified financial picture.

Collections

Counto

JANUARY 9, 2025

Input Tax Credits : When you’re GST -registered, you can recover the GST you pay on imported digital services by offsetting it against the GST you collect from your customers. Record Keeping : It’s important to keep track of all your invoices for digital services that include GST.

Tax

oAppsNet

DECEMBER 17, 2024

In this article, well guide you through the steps to conduct an effective AP audit, discuss best practices, and highlight key areas to focus on. Gather Relevant Documents Collect all the necessary documents required for the audit, including vendor invoices, purchase orders, payment records, contracts, and approval documents.

AP

Counto

JANUARY 9, 2025

You must also notify your customers that you are now a GST -registered business and include the GST on invoices. These returns provide the IRAS with details of the GST you have collected and paid, and they ensure that you remain compliant with Singapores tax laws. If you owe GST , you must pay it by the due date to avoid penalties.

Collections

LedgerDocs

OCTOBER 31, 2024

In this article, we’ll explore how leveraging cloud document management can transform the way you operate as a financial professional, making your workflow smoother, faster, and more efficient. Why Document Management Matters Documents are the backbone of a bookkeeper or accountants tool stack.

Bookkeeping

Gaviti

JUNE 30, 2025

This article breaks down why cash flow management strategies matter, which techniques are most effective, and how forward-thinking CFOs are securing their companies’ financial futures with smart planning, and the right tools. Learn how growing businesses like yours streamline collections and reduce DSO with Gaviti’s A/R automation platform.

Collections

Gaviti

JULY 27, 2025

Short payments, where a customer pays less than the stated invoiced amount, can disrupt your cash flow, cause reconciliation headaches, and strain business relationships. This article explores causes, solutions and short payments and how automation can help implement a consistent strategy and consistency.

Invoicing

Gaviti

MARCH 11, 2025

This article delves into how these advanced tools improve risk assessment, the key features to look for, a curated list of the top seven credit risk management tools in 2025, and the benefits of integrating these solutions into your business operations. GiniMachine. Real-Time Credit Risk Alerts.

Collections

Gaviti

JANUARY 20, 2025

This article dives into the intricacies of the matching principle and explores best practices for integrating it with A/R automation tools for optimal financial accuracy. AR solutions provide detailed records of invoices, due dates, and payment statuses. Revenue is recognized accurately when earned and Associated costs (e.g.,

AR

Counto

NOVEMBER 7, 2024

Improve Invoicing : Use invoicing software to streamline billing and ensure payments are collected promptly. Track Cash Flow in Real-Time : Invest in financial management systems that provide real-time data on your cash flow, so you can make quick decisions.

Financial Statements

Gaviti

FEBRUARY 2, 2025

In this article, we attempt to explain the connection between the operating cycle and A/R, identifying bottlenecks, and implementing strategies to improve efficiency, you can achieve faster cash flow and enhanced financial performance. DSO represents the average time taken to collect payments after a sale.

Accounts Receivable

Gaviti

JULY 31, 2025

This article explores how businesses can maximize the benefits of ACH transactions while minimizing risk. Use Automation Tools Automate recurring billing, invoice matching, and fund transfers. vendor pays invoice). Here’s how to enhance your digital ACH processing: 1. In ACH terms: Push payments are initiated by the payer (e.g.,

AR

Gaviti

JANUARY 26, 2025

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. As you grow, managing invoices, histories, collections, and customer communication in general becomes increasingly unsustainable.

Accounts Receivable

Counto

JANUARY 8, 2025

Ensuring that invoicing or payment collection aligns with holiday schedules. Adjusting Operations for Peak Times During holidays such as Chinese New Year or Christmas , businesses often see changes in customer behaviour. Consider: Adjusting working hours or staffing levels to accommodate changes in demand.

Payroll

Counto

MARCH 24, 2025

Outstanding Invoices and Bills Stay on top of who owes you money and what you need to pay, improving cash flow management. GST Summary If youre GST-registered in Singapore, a dashboard can show GST collected, paid, and net liability helpful for preparing accurate filings. Ready for accounting that actually gets your business?

Accounting

Counto

FEBRUARY 23, 2025

PayNow QR for Businesses: A Complete Guide to Setup and Payment Acceptance in Singapore As digital payments continue to rise in popularity, businesses in Singapore are embracing new, efficient, and secure methods to streamline payment collection. Invoices or receipts for online or offline purchases. Ready to upgrade your accounting?

Bookkeeping

Gaviti

MAY 8, 2025

In this article, we will explain AI-powered cash application software and AI-Powered cash application processes highlighting its features, benefits, implementation challenges, and how it stands out as the best AI cash application software choice for forward-thinking B2B organizations.

AR

Gaviti

JUNE 15, 2025

According to a recent NACM article titled To Insure or Not to Insure—That is the Question , companies are increasingly turning to AR insurance as geopolitical and economic instability continues to impact customer reliability worldwide. To streamline your review, consider adopting accounts receivable automation tools.

AR

Counto

FEBRUARY 23, 2025

Automation helps with invoicing, payment reminders, and collections, ensuring payments are processed consistently and on time, even when you or your team are otherwise occupied. Automate Payment Processes to Ensure Consistency Automating key aspects of your payment systems can streamline cash flow management and reduce human error.

Bookkeeping

Counto

MAY 19, 2025

What Is a Tech Stack and Why Integration Matters Your tech stack is the collection of digital tools you use to run your business. sales entry, payroll journals, invoice matching) Map your data flow what needs to move where, and how often? Here are some articles you might find helpful: Embracing Industry 4.0

Payroll

Jetpack Workflow

JUNE 5, 2025

In this article, well outline the steps to build your business so you can get up and running and build a full client roster. Consider other software options like an invoicing app to make client billing easier or a file-sharing app to collect and manage client documents and e-signatures. Hourly billing is a lot of work.

Bookkeeping

Accounting Today

JULY 7, 2025

However, this powerful technology, capable of autonomously managing tasks such as account reconciliation, invoice processing and much more, demands careful and responsible implementation. Aaron Harris Chief technology officer, Sage For reprint and licensing requests for this article, click here. Its often said time speeds up as we age.

Accounting

Jetpack Workflow

JUNE 11, 2025

Time-saving With a VA handling data entry, invoices, and other administrative duties, you’ll have more time to focus on higher-level accounting tasks and responsibilities. Here are some related articles you may like. This gives you the benefits of a larger workforce, but with fewer expenses.

CPA

Accounting Today

JULY 29, 2025

Similarly, within CFP, activities such as AP forecasting, expense management, invoice generation and vendor contract reviews can be greatly enhanced. Similarly, if your platform primarily offers a collection of features rather than consistently delivering guaranteed outcomes for your specific accounting challenges, consider a build strategy.

Accounting

Xero

JUNE 25, 2025

New widgets, including task list, recently paid invoices and net profit and loss, give you critical financial information, immediately visible and actionable from your homepage so you can manage your business more confidently. Over the coming months, we’ll collect feedback from our beta users to refine the experience.

XERO

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.

XERO

LedgerDocs

JULY 6, 2023

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. It also provides your bookkeeper with all of the information they require to effectively manage your finances.

Collections

Accounting Tools

JULY 24, 2023

Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is the Cash Collection Cycle? The cash collection cycle is the number of days it takes to collect accounts receivable. In addition, an older invoice may not be acceptable as collateral for a loan.

Cash Collection

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. Instead, it calls for a company-wide effort, because collections can be improved before an invoice is ever issued to customers.

Accounts Receivable

Gaviti

OCTOBER 30, 2023

In this article, we explore the advantages of autonomous finance, especially as it relates to accounts receivable, and at what point your company should consider employing them, so you can decide if it’s a worthwhile investment for your business. What are the Benefits of Autonomous Finance in A/R Collections?

Collections

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 ? Why digitize invoices?

Invoice Processing

Accounting Tools

OCTOBER 6, 2023

Related Courses Bookkeeping Guidebook New Controller Guidebook Payables Management What is an Invoice? An invoice is a document submitted to a customer , identifying a transaction for which the customer owes payment to the issuer. Related Articles PDF Invoices (podcast) The Proper Invoice Structure The Statement of Account

Invoicing