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? Always Include a CTA Even your invoices should include a call to action.

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Xero

AUGUST 16, 2022

Easily collect invoice payments directly from your customers’ bank accounts using ACH Debit and real-time payments. Xero partners with Stripe to power subscription billing, invoicing, and more to help customers get paid faster and streamline recurring payments. You can give the Gusto app a try from the Xero App Store.

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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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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! Free trials or demos can help you test before committing.

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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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Nanonets

FEBRUARY 14, 2025

  We recently worked with one such provider who processed over 50,000 bills and invoices monthly for their clients. Let me take you through how the service provider implemented automated invoice processing and found a way to bulk-process bills and invoices without constantly adding more staff. Here's what happened: 1.

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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. Some businesses wait until close to the due date to send invoices and some even wait until the invoices are actually due!

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Gaviti

APRIL 8, 2024

Anyone who’s worked in accounts receivables knows how valuable a good collections email template can be. Accounts receivable collections rely on clear communication with customers, both in delivering accurate invoices on time and ensuring those invoices get paid. It also eases the burden of invoice collections somewhat).

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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.

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Gaviti

FEBRUARY 4, 2025

With increased interest rates and inflation, businesses are facing increasing pressure to collect cash faster. In 2025, successful businesses will: Analyze payment trends to refine credit terms and collection strategies. Many traditional KPIs, like DSO, are not always a good indicator of collection success.

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Invoicera

DECEMBER 11, 2024

Managing invoices can sometimes feel a tough task, much like a performance of trust where an error could lead to a complete disaster! Invoicing is considered an essential need and not a mere want for owners of small and medium enterprises across the United States of America. Who knew managing money could be this stress-free?

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Gaviti

MARCH 5, 2025

Fraudsters are no longer relying on rudimentary methods; instead, they use advanced techniques such as social engineering, phishing, and malware attacks to manipulate invoice processes and divert payments. Watch our product tour to see an overview of the system and then schedule a demo to learn more about the security we offer our customers.

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Gaviti

JANUARY 8, 2023

It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices. How Prioritization Strategies Improve Collections Performance. Accounts Receivable teams can use prioritization strategies to increase the efficiency of their collections process.

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Gaviti

NOVEMBER 4, 2024

As companies scaled and these disputes increased, however, businesses started to turn to dispute automation for a more efficient dispute management process for collections and dispute management. It should collect data about disputes over time to deliver insights about customer trends, behavior, and track dispute times.

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Invoicera

NOVEMBER 27, 2024

Picture this: You’ve got stacks of invoices, working with numbers again and again, and facing constant payment issues. But what if there was a way to have your invoicing easy to design and even easier to send out? Automated invoicing software is the secret tool that every business should be using. Let’s jump right in!

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Gaviti

APRIL 22, 2025

Measurable: Establish criteria to track progress, like monitoring the percentage decrease in overdue invoices. Reduce Days Sales Outstanding (DSO): Objective: Decrease the average number of days it takes to collect payments, thereby improving cash flow. Prompt Invoicing: Issue invoices immediately upon delivery of goods or services.

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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?

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Gaviti

MAY 30, 2023

How well your team handles collections determines whether you have the cash to make payroll, pay taxes, and cover other financial obligations. What Is Accounts Receivable Collections Outsourcing? A/R collections outsourcing refers to the practice of hiring another entity to manage your collections activities.

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Invoicera

DECEMBER 30, 2024

Thus, the tech market offers many invoicing tools to make the job easy, and Zoho Books is one of them. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives. This blog will cover the nine best Zoho Invoice alternatives in 2025.

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Gaviti

DECEMBER 18, 2024

Different types of reports include an accounts receivable aging report, customer balance reports, collections performance reports, and cash flow forecasting reports. Track A/R performance metrics and KPIs such as collection rates, total A/R, DSO, customer risk, collective effectiveness index (CEI) and accounts receivable turnover ratio (ART).

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Xero

JULY 21, 2022

You know all too well how vital it is to collect approval signatures from clients on financial statements, tax returns, and other key documents to keep work flowing and meet deadlines. Sarah Pink, Xero Partner Consulting Manager, then ran through a demo showing how to manage a practice on XPM. Coming soon: Document packs.

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Gaviti

JANUARY 20, 2025

How the Matching Principle Aligns with AR Automation Accounts receivable automation simplifies and streamlines the management of the status of invoices, making it easier to track payments, monitor customer interactions, and maintain cash flow. AR solutions provide detailed records of invoices, due dates, and payment statuses.

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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. Having accurate and up-to-date information on collections is essential for forecasting cash flow. Prioritize Collection Tasks.

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Gaviti

JUNE 18, 2025

Days Sales Outstanding : This measures how quickly a company collects payments from customers on invoices. Our automation software also provides tools business owners and AR teams can use to streamline the collections process. Get your free demo to see what goals Gaviti can help you achieve.

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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.

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Gaviti

FEBRUARY 27, 2025

Gaviti’s invoice-to-cash automation solution empowers businesses to: Streamline tedious processes Reduce late receivables Improve accuracy Transform your A/R department into a well-oiled machine. Elevate Your A/R Game Beyond Conferences! This system helps identify patterns and proactively reduces future disputes.

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Gaviti

FEBRUARY 2, 2025

Importance of the Operating Cycle The operating cycle, also known as the business operating cycle, measures the time it takes for a company to purchase inventory, sell products or services, and collect payments from customers. DSO represents the average time taken to collect payments after a sale. Proactive follow-ups and reminders.

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Invoicera

DECEMBER 5, 2024

Dont you think if you are still stuck in the paper invoicing, you are costing your business more time and money? billion invoices are exchanged between businesses in Australia each year, with 90% still processed through traditional methods. Digitizing this system could save up to $20 per invoice.

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Gaviti

OCTOBER 30, 2023

What are the Benefits of Autonomous Finance in A/R Collections? Automating manual tasks such as A/R invoice collections and account reconciliation eliminates these tasks that are prone to human error. As a result, businesses can increase productivity in their A/R collections teams without hiring additional staff.

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Gaviti

MAY 8, 2025

Understanding AI-Powered Cash Application Cash application is the process of matching incoming payments to the appropriate customer invoices. In many organizations, this process is still manual, involving tedious data entry, invoice matching, and reconciliation. This also expediates receipt generation and the invoice close rate.

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Gaviti

OCTOBER 13, 2024

Predictive AI capabilities in many modern B2B collections software now let businesses do exactly this while solving many other challenges in the B2B collections process. The Challenges of Traditional B2B Collections Unlike B2C collections, B2B collections involve steps related to credit, financing and legal agreements.

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Gaviti

NOVEMBER 14, 2022

Receivables collection is one of the most critical functions of any business, but it can also become one of the most stressful. Companies can reduce many overwhelming and monotonous aspects of collections via automation. Sage Intacct streamlines collections tasks but automation alone is not enough. Click on Select Invoices.

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Gaviti

APRIL 24, 2024

With the right dunning process in place, your A/R team can significantly minimize the need for collection calls. If after the dunning process is complete and your A/R team still is unable to collect on invoices from customers, collection calls might be necessary.

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LedgerDocs

MAY 21, 2025

Hubdoc is a cloud-based document management platform designed to automate the process of collecting, organizing, and extracting information from financial documents such as receipts, bills, invoices, and bank statements. What is Hubdoc? Forward documents into Hubdoc through email or to upload directly from your desktop.

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Gaviti

MARCH 21, 2023

If this sounds like your company, then the best solution is to accelerate your accounts receivable collection so you can turn sales into capital you can actually use to maintain your business. There are many strategies to streamline invoice collection to get the money owed to your company quicker. What is a good best practice?

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Gaviti

JUNE 13, 2025

From managing liquidity and evaluating creditworthiness to optimizing collections and forecasting risk, finance teams rely on data to power their every move. Agentic AI in Accounts Receivable Management Accounts receivable (A/R) has always been a delicate balancing act between maximizing collections and preserving customer relationships.

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Gaviti

MARCH 24, 2025

Accounts receivable which is responsible for billing and collections is especially important. By streamlining collections, optimizing cash flow , and providing real-time performance metrics , Gaviti empowers businesses to elevate customer satisfaction and maintain strong client relationships.

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