Cash Application

The increasing use of credit cards in business-to-business (B2B) purchases is making it important for companies to become conversant in the world of merchant discount fees and interchange rates.

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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

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When 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

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While 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.

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With $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

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  Few 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

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Achieving a 100 percent auto-cash hit ratio – the percent of payments applied to invoices on the first pass – is nearly impossible, according to John Salek, GENPACT's vice president, business… Read More

On 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

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The 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

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Is 2015 the year you’ve resolved to finally get on top of those deductions and short pays that drain your AR department’s time and resources while adding costs? If so, implementing an appropriate… Read More