What is an accounting workflow?
As an accountant, you understand the importance of staying organized and efficient all year round. But what about your workflows? With such important day-to-day tasks to manage, a streamlined accounting workflow
Why AR Automation Rules Need To Be Customized
AR automation needs to be customized. It’s not a one-size fits all solution. Automation works best when it is tailored to fit your business model. The rules engine used in AR automation can be
Supplement Automated Collections Activities with Personal Contact
Credit and collections activities need to be automated more than ever. AR staffing issues, rising delinquencies, and the need for cash flow to finance your company through the recovery make efficient and effective collections
Credit Rules You Should Be Automating
Automating credit rules is just as important as automating collection rules. It will save time that can be spent contacting customers, and improve the credit quality of your accounts receivable. Credit quality has a direct
Key Rules for Automation of the Credit and Collections Process
Automation of the collections and credit process is defined by the rules you set. The rules should be based on experience with your customers and best practices. Rules can always be changed. If a rule
The Underlying Conditions of a Manual Collections Process
It’s important to measure the effectiveness of your collections process to identify areas that need improvement. If you have a manual collections process, you need to compare the effectiveness of your manual collections with
Understanding the Fundamentals of Manual Collections
If you have manual collections, you need to evaluate your collections with the results that can be achieved with automated collections. It is important to understand the fundamentals of your manual process compared with automated
