EBizCharge

JUNE 20, 2024

Regularly review past-due accounts Identifying overdue accounts involves regularly reviewing payment records to pinpoint accounts that have missed their due dates, allowing for early detection of potential payment issues and enabling proactive measures to manage them effectively.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Nanonets

SEPTEMBER 22, 2023

It is crucial to collect these outstanding payments as soon as possible to avoid tying up working capital and facing longer business cycles. This involves setting up credit policies that assess the creditworthiness of customers and establish clear payment terms.

Accounts 40

Accounts Disputes Automation Risk 40

Nanonets

DECEMBER 4, 2023

Order validation and approval: The captured order details are validated based on predefined criteria such as pricing, discounts, inventory availability, and customer credit limits. The system efficiently closes the order cycle by processing payments, issuing invoices, and reconciling transactions.

Automation 52

Automation Process Payment APIs and Integration Returns 52

EBizCharge

FEBRUARY 17, 2025

Use real-time AR dashboards and reporting With real-time data, finance teams can quickly identify overdue accounts, track payment performance, and make informed decisions to improve collection efforts. Credit limits based on customer risk profiles manage exposure to bad debts. How does NetSuite handle invoice customization?

ACH 59

ACH Credit Cards Transactions Accounts 59

EBizCharge

APRIL 16, 2025

A high turnover ratio indicates that the company collects payments quickly and efficiently, while a low turnover ratio may suggest collection delays, ineffective credit policies, or customer payment issues. Its commonly used in both business and personal finance to assess credit health and risk.

Accounts 52

Accounts Risk Compliance Product 52