Cash Application

Customer deductions present a persistent—and expensive—problem that causes revenue and profit dilution and copious back-office work every year. What is the best way to address this challenge? And

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By Bob Sefton, Financial Director, Nomacorc LLC - Accurate, timely cash application fosters good working capital management practices with a resulting positive cash flow. If cash application is not… Read More

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 to a… Read More

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