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  • Author: Madhusmita Panda
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Data aggregation is essential for automating accounts receivables because it improves decision-making, streamlines operations, and maximizes financial results. Businesses can obtain important insights into their receivables, increase operational effectiveness, and uncover untapped possibilities by combining and analyzing

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Dynamic discounting is a financial tactic that enables companies to provide early payment terms on invoices to suppliers in exchange for a discount. By automating and streamlining this procedure, dynamic discounting systems give organizations a platform to

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Businesses are constantly searching for techniques that improve efficiency and optimize their financial processes in today’s fast-paced business world. The invoice-to-cash (I2C) process, which includes activities like issuing invoices, accepting payments, and managing accounts payable, is one

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Maintaining a healthy cash flow is essential for the success of any business. However, late or unpaid invoices can hinder your cash flow and impact your operations. To effectively collect past-due invoices and accelerate payment, businesses often

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In the world of business, maintaining a healthy cash flow is crucial for sustained success. However, the order-to-cash cycle presents challenges in the form of deductions, which can impede cash flow and strain customer relationships. Understanding the

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Bank reconciliation is a critical step for ensuring the accuracy of your company's financial records. However, it can be a time-consuming and difficult task that necessitates close attention to detail. Even with the most painstaking efforts, anomalies

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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 to manage this!" Well, if that's the case, then rejoice

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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. Having a B2B cash flow management system can help

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The global pandemic offered a tough choice for enterprises around the world: innovate or get left behind. As the ‘new normal’ rendered many conventional financial practices obsolete, organizations realized that they must harness the power of financial

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Holistic enterprise solutions are the second wave of automation in finance after ERPs which came more than two decades earlier TOC Financial Automation: The Demand Rises  Changing dynamics in Finance Operations ERP: The Roadblocks CMS vs ERP

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