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
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
AR automation is not a one-size fits all solution. Automation works best when it is customized to fit your business model, marketplace and procedures. It is important to customize the rules engine used in
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
Automation of credit and collections is more important than ever in the new normal. AR teams are challenged by staffing issues and increases in delinquencies. The need for cash flow and working capital to
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
Automating credit rules will save time that can be spent contacting customers, and improve AR credit quality. Credit quality has a direct impact on collections. Higher quality accounts receivable are easier to collect, so
Automation of the credit and collections process is driven by the rules you set to program the automated activities. The rules should be based on experience with your customer base and proven, effective best
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
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
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