‘Nine Ways to Sunday’— the Payments Landscape

  A Review of B2B and B2C Payment Channels & Methods A payment channel is basically any method by which either your customer might make a payment or any... Read more

Transformation via Technology: Avnet’s Cash Application Journey

While the scale of Avnet’s cash application challenges is greater than that of the average AR department, the fundamental issues it has faced are no different than those being... Read more

Cash Application: Establish Right Procedures First, Then Automate

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... Read more

10 Steps to Better Cash Application

It is next to impossible to achieve a 100 percent auto-cash hit ratio – the percent of payments applied to invoices on the first pass – according to John... Read more

New Remittance Data Enables AR To Automate Cash App of Wire Transfer Payments

For AR, there have always been advantages and drawbacks to receiving customer payments by wire transfer (Fedwire or CHIPS). But steps recently taken by the two wire clearing networks... Read more

Do’s and Don’ts of Cash Application

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... Read more

Why Automating Deduction Management Should Be an AR Goal

Is 2015 the year you’ve resolved to finally get of top of those deductions and short pays that drain your AR department’s time and resources while adding costs? If... Read more

14 Deduction Management Provider Solutions

Following 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 capability.

How to Resolve Disputes and Reduce DSO

A Johnson & Johnson team in Prague implemented a tool that successfully reduced Days Sales Outstanding and improved collection efforts. The collection module, a third-party, bolt-on product, has been... Read more

6 Steps—Including Automation—to Rein In Unauthorized Deductions

Imagine being told your AR department could achieve savings in deduction processing costs like the following: a) a 50 percent reduction in overall cash application costs with an increase... Read more