A Complete Guide to Cash Application Cash application refers to the process of matching incoming payments to the correct customer accounts, transactions, and invoices. This process is critical for effective management of accounts receivable and forecasting cash
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Understanding Days Sales Outstanding & Its Role in Optimizing AR In the realm of managing accounts receivable and maintaining healthy cash flow, understanding Days Sales Outstanding (DSO) is crucial. DSO measures the average time it takes to
A Complete Guide To B2B Payment Processing And Cash Management Introducing a reliable and effective B2B payment processing and cash management system into the business can be a bit of a daunting task. But don’t sweat it!
7 Benefits Of Using Cash Management Software For Your Business Any decision-maker of a business might have found themselves looking at huge piles of cash and thinking to themselves: "Man, I wish there was an easier way
Understanding the Challenges of B2B Digital Payments The digital revolution has taken B2B payments to new heights, with technology making it easier and faster than ever for companies of all sizes to take payments from their customers.
7 Ways To Protect Businesses From Invoice Scams With fraud and theft on the rise, the FBI has reported that since 2014, Business Email Compromise (BEC) and invoice fraud have cost U.S. businesses over $2 billion across
Automation in Finance: Collection, Reconciliation, and Dunning Automation is quickly becoming the norm in nearly every area of financial services, from customer experience to internal operations. In particular, automated collection, reconciliation and automated dunning offer a range
How To Leverage Automated Dunning To Improve Collections Process When a business grows, managing billing, customer subscriptions and other operations become challenging. The main challenge for most subscription-based enterprises is finding a way to recover lost revenue.
Improve Business Bottom Line with Latest Cash Management Trends 2023 Cash flow can be the difference between success and failure in business operations. Therefore, there is a need to implement a modern B2B cash management solution to
The first wave of automation in finance happened in the 90s, with the popularization of enterprise resource planning systems or ERPs. The finance function has since evolved, with the COVID-19 global pandemic speeding up the transformation of
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