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A deterioration of payment behavior in the United States could spell big trouble for companies that fail to recognize the decline when it happens. The good news is that there are steps AR
… Read MoreWhen a company has customers all over the globe using many different methods of payment, it can be challenging to get those disparate payments processed accurately and timely. The AR & O2C
… Read MoreWhile deductions, in the form of discounts, short payments, and chargebacks, are a fact of life for most businesses,deductions can drain your AR department’s time and resources while adding costs.
… Read MoreWith $27.5 billion in 2014 revenue and 100,000 B2B customers in over 120 countries, Avnet Inc. has a lot of cash to apply, and that cash comes in from all around the world in multiple payment
… Read MoreFew AR managers would argue that automating cash application would not be a critical component of tackling expensive and inefficient processes that continue to plague many businesses. According
… Read MoreOn the positive side, wire transfer payments are reliable and fast, which explains why over $600 trillion is transferred in over half a million payments annually via Fedwire and over $1 trillion a
… Read MoreThe concept of cash application — the process by which companies match cash coming in with the amounts due from their customers — is straightforward enough. When the check comes in, cross the
… Read MoreFollowing are a wide range of leading solution providers with offerings from stand-alone deduction management solutions to fully integrated receivables platforms that include deduction management
… Read MoreWhat are you waiting for?